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Carusi Michael A's Form 4 filing

Shoulder Innovations, Inc. (SI) · filed Aug 5, 2025

Accession no.
0001641172-25-022246
Filed
Aug 5, 2025
Trade date
Aug 1, 2025
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market purchases total $4.00M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Carusi Michael ACIK 0001306506Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 1, 2025Common StockCConversionAcquired+1,618,470–F1–1,618,470Indirect
Aug 1, 2025Common StockPPurchaseAcquired+266,666$15.00+$3,999,9901,885,136Indirect
Aug 1, 2025Common StockAGrant or awardAcquired+7,666$0.00$07,666Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 1, 2025Common StockCConversionDisposed−1,096,971–F1–0Indirect
Aug 1, 2025Common StockCConversionDisposed−521,499–F1–0Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Immediately prior to the closing of the Issuer's initial public offering, the shares of preferred stock of the Issuer automatically converted into shares of Common Stock on a one-for-0.052410901 basis.

Referenced by the price of 1 transaction in Table I and 2 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)