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SHOULDER INNOVATIONS, INC. Director's Dealing 2025

Aug 5, 2025

33484_dirs_2025-08-05_324e763b-a2e6-410d-a14e-5b50c7fcaee7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHOULDER INNOVATIONS, INC. (SI)
CIK: 0001699350
Period of Report: 2025-08-01

Reporting Person: Buchholz Richard (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-08-01 Common Stock A 7666 Acquired 7666 Direct
2025-08-01 Common Stock P 5000 $15.00 Acquired 12666 Direct

Footnotes

F1: Represents an award of restricted stock units ("RSUs"). The RSUs will vest on the earlier of the date of the annual meeting of stockholders to be held in 2026 or August 1, 2026. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date.