{"transactions":[{"id":4636386,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":21218,"kind":"person","name":"Tansey Casey M","position":1,"cik":"0001474322","reported_name":"Tansey Casey M","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-10-06T21:05:58.000Z","date":"2026-10-05","kind":"grant","planned":false,"acquired":true,"shares":733,"price":19.6,"value":14366.8,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents an award of restricted stock units (\"RSUs\") received in lieu of cash retainer fees, which were fully vested as of the grant date.  Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."}],"balance_after":53445,"source":{"system":"sec-edgar","filing":"0001628280-26-065260","document":"wk-form4_1791320755.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000162828026065260/wk-form4_1791320755.xml","form_type":"4"}},{"id":4636281,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34734,"kind":"person","name":"Sidow Kevin K.","position":1,"cik":"0002072468","reported_name":"Sidow Kevin K.","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-10-06T20:49:43.000Z","date":"2026-10-05","kind":"grant","planned":false,"acquired":true,"shares":892,"price":19.6,"value":17483.2,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents an award of restricted stock units (\"RSUs\") received in lieu of cash retainer fees, which were fully vested as of the grant date.  Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."}],"balance_after":25948,"source":{"system":"sec-edgar","filing":"0002072468-26-000002","document":"wk-form4_1791319781.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2072468/000207246826000002/wk-form4_1791319781.xml","form_type":"4"}},{"id":4636267,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34840,"kind":"person","name":"Hykes Andrew","position":1,"cik":"0001806431","reported_name":"Hykes Andrew","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-10-06T20:46:36.000Z","date":"2026-10-05","kind":"grant","planned":false,"acquired":true,"shares":669,"price":19.6,"value":13112.4,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents an award of restricted stock units (\"RSUs\") received in lieu of cash retainer fees, which were fully vested as of the grant date.  Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."}],"balance_after":7438,"source":{"system":"sec-edgar","filing":"0001806431-26-000005","document":"wk-form4_1791319594.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1806431/000180643126000005/wk-form4_1791319594.xml","form_type":"4"}},{"id":4636248,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-10-06T20:42:16.000Z","date":"2026-10-05","kind":"grant","planned":false,"acquired":true,"shares":1275,"price":19.6,"value":24990.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents an award of restricted stock units (\"RSUs\") received in lieu of cash retainer fees, which were fully vested as of the grant date.  Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."}],"balance_after":65025,"source":{"system":"sec-edgar","filing":"0001215243-26-000006","document":"wk-form4_1791319334.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000121524326000006/wk-form4_1791319334.xml","form_type":"4"}},{"id":4617567,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Stock Option","published_at":"2026-09-15T00:23:05.000Z","date":"2026-09-14","kind":"exercise","planned":false,"acquired":false,"shares":89233,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The stock option is fully vested and currently exercisable."}],"balance_after":92143,"derivative":{"exercise_price":2.0988,"expiration_date":"2030-12-16","underlying":"Common Stock","underlying_shares":89233},"source":{"system":"sec-edgar","filing":"0002070664-26-000006","document":"wk-form4_1789431783.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2070664/000207066426000006/wk-form4_1789431783.xml","form_type":"4"}},{"id":4617566,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2026-09-15T00:23:05.000Z","date":"2026-09-14","kind":"sale","planned":false,"acquired":false,"shares":10175,"price":18.4478,"value":187706.365,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $18.22 to $18.63, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein. The shares of Common Stock were sold solely to cover the exercise price in connection with the exercise of the stock option."}],"balance_after":380824,"source":{"system":"sec-edgar","filing":"0002070664-26-000006","document":"wk-form4_1789431783.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2070664/000207066426000006/wk-form4_1789431783.xml","form_type":"4"}},{"id":4617565,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2026-09-15T00:23:05.000Z","date":"2026-09-14","kind":"exercise","planned":false,"acquired":true,"shares":89233,"price":2.0988,"value":187282.2204,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes 1,748 shares of Common Stock acquired on June 30, 2026 pursuant to the Issuer's 2025 Employee Stock Purchase Plan."}],"balance_after":390999,"source":{"system":"sec-edgar","filing":"0002070664-26-000006","document":"wk-form4_1789431783.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2070664/000207066426000006/wk-form4_1789431783.xml","form_type":"4"}},{"id":672899,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-28T16:11:56.000Z","date":"2026-08-26","kind":"sale","planned":false,"acquired":false,"shares":1196,"price":22.6,"value":27029.6,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2185914,"source":{"system":"sec-edgar","filing":"0001193125-26-374359","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526374359/ownership.xml","form_type":"4"}},{"id":677297,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-24T23:36:31.000Z","date":"2026-08-24","kind":"sale","planned":false,"acquired":false,"shares":681,"price":22.62,"value":15404.22,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"This figure is the weighted average sales price of multiple trades ranging from $22.60 to $22.78 per share. The Reporting Person undertakes to provide the Staff of the Securities and Exchange Commission, Shoulder Innovations, Inc. or any security holder of Shoulder Innovations, Inc. full information about the number of shares sold at each separate price upon request."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2187110,"source":{"system":"sec-edgar","filing":"0001193125-26-363913","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526363913/ownership.xml","form_type":"4"}},{"id":677296,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-24T23:36:31.000Z","date":"2026-08-21","kind":"sale","planned":false,"acquired":false,"shares":20516,"price":22.61,"value":463866.76,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"This figure is the weighted average sales price of multiple trades ranging from $22.60 to $22.67 per share. The Reporting Person undertakes to provide the Staff of the Securities and Exchange Commission, Shoulder Innovations, Inc. or any security holder of Shoulder Innovations, Inc. full information about the number of shares sold at each separate price upon request."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2187791,"source":{"system":"sec-edgar","filing":"0001193125-26-363913","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526363913/ownership.xml","form_type":"4"}},{"id":677295,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-24T23:36:31.000Z","date":"2026-08-20","kind":"sale","planned":false,"acquired":false,"shares":3900,"price":22.6,"value":88140.0,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2208307,"source":{"system":"sec-edgar","filing":"0001193125-26-363913","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526363913/ownership.xml","form_type":"4"}},{"id":682691,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-08-18T20:47:24.000Z","date":"2026-08-18","kind":"sale","planned":true,"acquired":false,"shares":1600,"price":21.3819,"value":34211.04,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $21.25 to $21.46, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein."}],"balance_after":244176,"source":{"system":"sec-edgar","filing":"0002070582-26-000005","document":"wk-form4_1787086042.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000005/wk-form4_1787086042.xml","form_type":"4"}},{"id":682690,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-08-18T20:47:24.000Z","date":"2026-08-18","kind":"sale","planned":true,"acquired":false,"shares":12586,"price":20.9354,"value":263492.9444,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $20.25 to $21.24, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein."}],"balance_after":245776,"source":{"system":"sec-edgar","filing":"0002070582-26-000005","document":"wk-form4_1787086042.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000005/wk-form4_1787086042.xml","form_type":"4"}},{"id":682689,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-08-18T20:47:24.000Z","date":"2026-08-17","kind":"sale","planned":true,"acquired":false,"shares":8314,"price":20.0988,"value":167101.4232,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $20.00 to $20.525, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein."}],"balance_after":258362,"source":{"system":"sec-edgar","filing":"0002070582-26-000005","document":"wk-form4_1787086042.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000005/wk-form4_1787086042.xml","form_type":"4"}},{"id":682688,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-08-18T20:47:24.000Z","date":"2026-08-14","kind":"gift","planned":true,"acquired":false,"shares":2500,"price":0,"value":0.0,"ownership":{"direct":true},"balance_after":266676,"source":{"system":"sec-edgar","filing":"0002070582-26-000005","document":"wk-form4_1787086042.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000005/wk-form4_1787086042.xml","form_type":"4"}},{"id":692977,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-07T20:12:37.000Z","date":"2026-08-06","kind":"sale","planned":false,"acquired":false,"shares":2095,"price":22.6,"value":47347.0,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2212207,"source":{"system":"sec-edgar","filing":"0001193125-26-340260","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526340260/ownership.xml","form_type":"4"}},{"id":692976,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-07T20:12:37.000Z","date":"2026-08-05","kind":"sale","planned":false,"acquired":false,"shares":7338,"price":22.64,"value":166132.32,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"This figure is the weighted average sales price of multiple trades ranging from $22.60 to $23.00 per share. The Reporting Person undertakes to provide the Staff of the Securities and Exchange Commission, Shoulder Innovations, Inc. or any security holder of Shoulder Innovations, Inc. full information about the number of shares sold at each separate price upon request."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2214302,"source":{"system":"sec-edgar","filing":"0001193125-26-340260","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526340260/ownership.xml","form_type":"4"}},{"id":695508,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-05T20:31:57.000Z","date":"2026-08-04","kind":"sale","planned":false,"acquired":false,"shares":99812,"price":22.77,"value":2272719.24,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"This figure is the weighted average sales price of multiple trades ranging from $22.60 to $23.04 per share. The Reporting Person undertakes to provide the Staff of the Securities and Exchange Commission, Shoulder Innovations, Inc. or any security holder of Shoulder Innovations, Inc. full information about the number of shares sold at each separate price upon request."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2221640,"source":{"system":"sec-edgar","filing":"0001193125-26-335278","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526335278/ownership.xml","form_type":"4"}},{"id":695507,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-05T20:31:57.000Z","date":"2026-08-03","kind":"sale","planned":false,"acquired":false,"shares":10751,"price":22.71,"value":244155.21,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"This figure is the weighted average sales price of multiple trades ranging from $22.60 to $23.05 per share. The Reporting Person undertakes to provide the Staff of the Securities and Exchange Commission, Shoulder Innovations, Inc. or any security holder of Shoulder Innovations, Inc. full information about the number of shares sold at each separate price upon request."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2321452,"source":{"system":"sec-edgar","filing":"0001193125-26-335278","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526335278/ownership.xml","form_type":"4"}},{"id":698787,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-03T21:17:53.000Z","date":"2026-07-31","kind":"sale","planned":false,"acquired":false,"shares":20034,"price":22.73,"value":455372.82,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"This figure is the weighted average sales price of multiple trades ranging from $22.60 to $23.00 per share. The Reporting Person undertakes to provide the Staff of the Securities and Exchange Commission, Shoulder Innovations, Inc. or any security holder of Shoulder Innovations, Inc. full information about the number of shares sold at each separate price upon request."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2332203,"source":{"system":"sec-edgar","filing":"0001193125-26-330846","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526330846/ownership.xml","form_type":"4"}},{"id":698786,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-08-03T21:17:53.000Z","date":"2026-07-30","kind":"sale","planned":false,"acquired":false,"shares":28245,"price":23.36,"value":659803.2,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"This figure is the weighted average sales price of multiple trades ranging from $23.00 to $23.73 per share. The Reporting Person undertakes to provide the Staff of the Securities and Exchange Commission, Shoulder Innovations, Inc. or any security holder of Shoulder Innovations, Inc. full information about the number of shares sold at each separate price upon request."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2352237,"source":{"system":"sec-edgar","filing":"0001193125-26-330846","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000119312526330846/ownership.xml","form_type":"4"}},{"id":723938,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":21218,"kind":"person","name":"Tansey Casey M","position":1,"cik":"0001474322","reported_name":"Tansey Casey M","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2026-06-29T21:56:59.000Z","date":"2026-06-26","kind":"grant","planned":false,"acquired":true,"shares":5046,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"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 2027 or June 26, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."}],"balance_after":52712,"source":{"system":"sec-edgar","filing":"0001628280-26-046099","document":"wk-form4_1782770216.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1474322/000162828026046099/wk-form4_1782770216.xml","form_type":"4"}},{"id":723688,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34734,"kind":"person","name":"Sidow Kevin K.","position":1,"cik":"0002072468","reported_name":"Sidow Kevin K.","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-06-29T21:10:37.000Z","date":"2026-06-26","kind":"grant","planned":false,"acquired":true,"shares":5046,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"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 2027 or June 26, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."}],"balance_after":25056,"source":{"system":"sec-edgar","filing":"0002072468-26-000001","document":"wk-form4_1782767434.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207246826000001/wk-form4_1782767434.xml","form_type":"4"}},{"id":724107,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34840,"kind":"person","name":"Hykes Andrew","position":1,"cik":"0001806431","reported_name":"Hykes Andrew","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-06-29T21:07:09.000Z","date":"2026-06-26","kind":"grant","planned":false,"acquired":true,"shares":5046,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"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 2027 or June 26, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,723 shares received without consideration as an in-kind distribution from Gilmartin Capital Fund I, LP.  In prior reports, the Reporting Person reported no beneficial ownership of Shoulder Innovations Common Stock."}],"balance_after":6769,"source":{"system":"sec-edgar","filing":"0001806431-26-000004","document":"wk-form4_1782767226.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1806431/000180643126000004/wk-form4_1782767226.xml","form_type":"4"}},{"id":723823,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-06-29T21:00:59.000Z","date":"2026-06-26","kind":"grant","planned":false,"acquired":true,"shares":5046,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"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 2027 or June 26, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. The Reporting Person voluntarily elected to defer receipt of the Common Stock issuable upon settlement of the RSUs until the Reporting Person's departure from the Board of Directors."}],"balance_after":63750,"source":{"system":"sec-edgar","filing":"0001215243-26-000005","document":"wk-form4_1782766856.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1215243/000121524326000005/wk-form4_1782766856.xml","form_type":"4"}},{"id":723689,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34735,"kind":"person","name":"Buchholz Richard","position":1,"cik":"0001737133","reported_name":"Buchholz Richard","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-06-29T20:21:46.000Z","date":"2026-06-26","kind":"grant","planned":false,"acquired":true,"shares":5046,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"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 2027 or June 26, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date."}],"balance_after":18712,"source":{"system":"sec-edgar","filing":"0001737133-26-000003","document":"wk-form4_1782764503.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000173713326000003/wk-form4_1782764503.xml","form_type":"4"}},{"id":735781,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-06-16T20:35:01.000Z","date":"2026-06-15","kind":"sale","planned":true,"acquired":false,"shares":2500,"price":19.2592,"value":48148.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $18.98 to $19.71, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein."}],"balance_after":269176,"source":{"system":"sec-edgar","filing":"0002070582-26-000004","document":"wk-form4_1781642097.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000004/wk-form4_1781642097.xml","form_type":"4"}},{"id":735780,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-06-16T20:35:01.000Z","date":"2026-06-15","kind":"sale","planned":true,"acquired":false,"shares":1644,"price":18.2005,"value":29921.622,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $17.98 to $18.88, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein."}],"balance_after":271676,"source":{"system":"sec-edgar","filing":"0002070582-26-000004","document":"wk-form4_1781642097.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000004/wk-form4_1781642097.xml","form_type":"4"}},{"id":735779,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-06-16T20:35:01.000Z","date":"2026-06-12","kind":"sale","planned":true,"acquired":false,"shares":15856,"price":18.6797,"value":296185.3232,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $18.29 to $19.00, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"Includes the following shares received without consideration as an in-kind distribution: 2,411 shares from Genesis Investment Holdings. In prior reports, the reporting person reported beneficial ownership of 286,765 shares of Shoulder Innovations common stock held directly."}],"balance_after":273320,"source":{"system":"sec-edgar","filing":"0002070582-26-000004","document":"wk-form4_1781642097.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000004/wk-form4_1781642097.xml","form_type":"4"}},{"id":796608,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Stock Option","published_at":"2026-04-30T20:33:54.000Z","date":"2026-04-30","kind":"exercise","planned":false,"acquired":false,"shares":10000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The stock option vested as to one-fourth of the underlying shares on May 17, 2024, and the remaining shares vest in 36 equal increments on the last day of each calendar month thereafter."}],"balance_after":309756,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-05-17","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0002070664-26-000005","document":"wk-form4_1777581232.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000005/wk-form4_1777581232.xml","form_type":"4"}},{"id":796607,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2026-04-30T20:33:54.000Z","date":"2026-04-30","kind":"exercise","planned":false,"acquired":true,"shares":10000,"price":2.4804,"value":24804.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes the following shares received without consideration as in-kind distributions: (i) 4,400 shares from Cultivate MD Capital Fund I, LLC; and (ii) 6,752 shares from Genesis Investment Holdings. In prior reports, the reporting person reported beneficial ownership of 278,866 shares of Shoulder Innovations common stock held directly."}],"balance_after":300018,"source":{"system":"sec-edgar","filing":"0002070664-26-000005","document":"wk-form4_1777581232.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000005/wk-form4_1777581232.xml","form_type":"4"}},{"id":803511,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Stock Option","published_at":"2026-04-21T20:39:18.000Z","date":"2026-04-20","kind":"exercise","planned":false,"acquired":false,"shares":14243,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The stock option vested as to one-fourth of the underlying shares on April 1, 2026, and the remaining shares vest in 12 equal increments on the last day of each fiscal quarter beginning on June 30, 2026."}],"balance_after":42731,"derivative":{"exercise_price":2.862,"expiration_date":"2035-04-23","underlying":"Common Stock","underlying_shares":14243},"source":{"system":"sec-edgar","filing":"0002070582-26-000003","document":"wk-form4_1776803956.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000003/wk-form4_1776803956.xml","form_type":"4"}},{"id":803510,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Stock Option","published_at":"2026-04-21T20:39:18.000Z","date":"2026-04-20","kind":"exercise","planned":false,"acquired":false,"shares":7421,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The stock option vested as to one-fourth of the underlying shares on April 19, 2024, and the remaining shares vest in 36 equal increments on the last day of each calendar month thereafter."}],"balance_after":8864,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-05-09","underlying":"Common Stock","underlying_shares":7421},"source":{"system":"sec-edgar","filing":"0002070582-26-000003","document":"wk-form4_1776803956.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000003/wk-form4_1776803956.xml","form_type":"4"}},{"id":803509,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-04-21T20:39:18.000Z","date":"2026-04-20","kind":"exercise","planned":false,"acquired":true,"shares":14243,"price":2.862,"value":40763.466,"ownership":{"direct":true},"balance_after":286765,"source":{"system":"sec-edgar","filing":"0002070582-26-000003","document":"wk-form4_1776803956.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000003/wk-form4_1776803956.xml","form_type":"4"}},{"id":803508,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-04-21T20:39:18.000Z","date":"2026-04-20","kind":"exercise","planned":false,"acquired":true,"shares":7421,"price":2.4804,"value":18407.0484,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes the following shares received without consideration as in-kind distributions: (i) 39,404 shares from Genesis Investment Holdings; (ii) 1,572 shares from cultivate(MD) Capital Accelerator Fund, L.P.; (iii) 4,400 shares from Cultivate MD Capital Fund I, LLC; and (iv) 3,869 shares from Cultivate MD Capital Fund II, LP. In prior reports, the reporting person reported beneficial ownership of 215,856 shares of Shoulder Innovations common stock held directly."}],"balance_after":272522,"source":{"system":"sec-edgar","filing":"0002070582-26-000003","document":"wk-form4_1776803956.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000003/wk-form4_1776803956.xml","form_type":"4"}},{"id":837415,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Stock Option","published_at":"2026-03-17T21:38:10.000Z","date":"2026-03-13","kind":"exercise","planned":false,"acquired":false,"shares":26205,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The stock option is fully vested and currently exercisable."}],"balance_after":0,"derivative":{"exercise_price":2.0988,"expiration_date":"2030-12-16","underlying":"Common Stock","underlying_shares":26205},"source":{"system":"sec-edgar","filing":"0001215243-26-000001","document":"wk-form4_1773783487.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1215243/000121524326000001/wk-form4_1773783487.xml","form_type":"4"}},{"id":837414,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Stock Option","published_at":"2026-03-17T21:38:10.000Z","date":"2026-03-13","kind":"exercise","planned":false,"acquired":false,"shares":19401,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The stock option vests in 36 equal monthly increments beginning on June 30, 2023."}],"balance_after":1142,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-05-17","underlying":"Common Stock","underlying_shares":19401},"source":{"system":"sec-edgar","filing":"0001215243-26-000001","document":"wk-form4_1773783487.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1215243/000121524326000001/wk-form4_1773783487.xml","form_type":"4"}},{"id":837413,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-03-17T21:38:10.000Z","date":"2026-03-13","kind":"tax_withholding","planned":false,"acquired":false,"shares":3714,"price":14.82,"value":55041.48,"ownership":{"direct":true},"balance_after":58704,"source":{"system":"sec-edgar","filing":"0001215243-26-000001","document":"wk-form4_1773783487.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1215243/000121524326000001/wk-form4_1773783487.xml","form_type":"4"}},{"id":837412,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-03-17T21:38:10.000Z","date":"2026-03-13","kind":"tax_withholding","planned":false,"acquired":false,"shares":3292,"price":14.62,"value":48129.04,"ownership":{"direct":true},"balance_after":62418,"source":{"system":"sec-edgar","filing":"0001215243-26-000001","document":"wk-form4_1773783487.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1215243/000121524326000001/wk-form4_1773783487.xml","form_type":"4"}},{"id":837411,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-03-17T21:38:10.000Z","date":"2026-03-13","kind":"exercise","planned":false,"acquired":true,"shares":26205,"price":2.0988,"value":54999.054,"ownership":{"direct":true},"balance_after":65710,"source":{"system":"sec-edgar","filing":"0001215243-26-000001","document":"wk-form4_1773783487.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1215243/000121524326000001/wk-form4_1773783487.xml","form_type":"4"}},{"id":837410,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34773,"kind":"person","name":"BUCKMAN PAUL","position":1,"cik":"0001215243","reported_name":"BUCKMAN PAUL","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-03-17T21:38:10.000Z","date":"2026-03-13","kind":"exercise","planned":false,"acquired":true,"shares":19401,"price":2.4804,"value":48122.2404,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes the following shares received without consideration as in-kind distributions: (i) 3,144 shares from cultivate(MD) Capital Accelerator Fund, L.P.; and (ii) 3,096 shares from Cultivate MD Capital Fund II, LP. In prior reports, the reporting person reported beneficial ownership of 13,864 shares of Shoulder Innovations common stock held directly."}],"balance_after":39505,"source":{"system":"sec-edgar","filing":"0001215243-26-000001","document":"wk-form4_1773783487.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1215243/000121524326000001/wk-form4_1773783487.xml","form_type":"4"}},{"id":836729,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34735,"kind":"person","name":"Buchholz Richard","position":1,"cik":"0001737133","reported_name":"Buchholz Richard","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2026-03-17T21:34:29.000Z","date":"2026-03-13","kind":"purchase","planned":false,"acquired":true,"shares":1000,"price":14.84,"value":14840.0,"ownership":{"direct":true},"balance_after":13666,"source":{"system":"sec-edgar","filing":"0001737133-26-000001","document":"wk-form4_1773783266.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000173713326000001/wk-form4_1773783266.xml","form_type":"4"}},{"id":836728,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2026-03-17T21:31:09.000Z","date":"2026-03-13","kind":"purchase","planned":false,"acquired":true,"shares":2200,"price":15.1782,"value":33392.04,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 is a weighted average purchase price. The shares of Common Stock were purchased in multiple transactions at prices ranging from $14.80 to $15.50, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth herein."}],"balance_after":278866,"source":{"system":"sec-edgar","filing":"0002070664-26-000004","document":"wk-form4_1773783067.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000004/wk-form4_1773783067.xml","form_type":"4"}},{"id":838049,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Financial Officer"}}],"security":"Stock Option","published_at":"2026-03-17T17:42:34.000Z","date":"2026-03-13","kind":"exercise","planned":false,"acquired":false,"shares":13264,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option vests in 31 equal increments on the last day of each calendar month beginning on March 31, 2025."}],"balance_after":42004,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-11-16","underlying":"Common Stock","underlying_shares":13264},"source":{"system":"sec-edgar","filing":"0001731414-26-000003","document":"wk-form4_1773783749.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000173141426000003/wk-form4_1773783749.xml","form_type":"4"}},{"id":838048,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Financial Officer"}}],"security":"Common Stock","published_at":"2026-03-17T17:42:34.000Z","date":"2026-03-13","kind":"purchase","planned":false,"acquired":true,"shares":2000,"price":15,"value":30000.0,"ownership":{"direct":true},"balance_after":70785,"source":{"system":"sec-edgar","filing":"0001731414-26-000003","document":"wk-form4_1773783749.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000173141426000003/wk-form4_1773783749.xml","form_type":"4"}},{"id":838047,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Financial Officer"}}],"security":"Common Stock","published_at":"2026-03-17T17:42:34.000Z","date":"2026-03-13","kind":"exercise","planned":false,"acquired":true,"shares":13264,"price":2.4804,"value":32900.0256,"ownership":{"direct":true},"balance_after":68785,"source":{"system":"sec-edgar","filing":"0001731414-26-000003","document":"wk-form4_1773783749.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000173141426000003/wk-form4_1773783749.xml","form_type":"4"}},{"id":911357,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Stock Option","published_at":"2026-02-10T21:24:26.000Z","date":"2026-02-06","kind":"exercise","planned":false,"acquired":false,"shares":2062,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The stock option is fully vested and currently exercisable."}],"balance_after":181376,"derivative":{"exercise_price":2.0988,"expiration_date":"2030-12-16","underlying":"Common Stock","underlying_shares":2062},"source":{"system":"sec-edgar","filing":"0002070664-26-000003","document":"wk-form4_1770758663.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000003/wk-form4_1770758663.xml","form_type":"4"}},{"id":911356,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Stock Option","published_at":"2026-02-10T21:24:26.000Z","date":"2026-02-06","kind":"exercise","planned":false,"acquired":false,"shares":10000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The stock option vested as to one-fourth of the underlying shares on May 17, 2024, and the remaining shares vest in 36 equal increments on the last day of each calendar month thereafter."}],"balance_after":319756,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-05-17","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0002070664-26-000003","document":"wk-form4_1770758663.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000003/wk-form4_1770758663.xml","form_type":"4"}},{"id":911355,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2026-02-10T21:24:26.000Z","date":"2026-02-06","kind":"exercise","planned":false,"acquired":true,"shares":2062,"price":2.0988,"value":4327.7256,"ownership":{"direct":true},"balance_after":276666,"source":{"system":"sec-edgar","filing":"0002070664-26-000003","document":"wk-form4_1770758663.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000003/wk-form4_1770758663.xml","form_type":"4"}},{"id":911354,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2026-02-10T21:24:26.000Z","date":"2026-02-06","kind":"exercise","planned":false,"acquired":true,"shares":10000,"price":2.4804,"value":24804.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes the following shares received without consideration as in-kind distributions: (i) 110,331 shares from Genesis Investment Holdings; (ii) 7,859 shares from cultivate(MD) Capital Accelerator Fund, L.P.; (iii) 6,948 shares from Cultivate MD Capital Fund I, LLC; and (iv) 19,348 shares from Cultivate MD Capital Fund II, LP. In prior reports, the reporting person reported beneficial ownership of 120,118 shares of Shoulder Innovations common stock held directly."}],"balance_after":274604,"source":{"system":"sec-edgar","filing":"0002070664-26-000003","document":"wk-form4_1770758663.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000003/wk-form4_1770758663.xml","form_type":"4"}},{"id":920951,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"See Remarks"}}],"security":"Stock Option","published_at":"2026-02-03T21:39:36.000Z","date":"2026-01-30","kind":"grant","planned":false,"acquired":true,"shares":88450,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option vests as to one-fourth of the underlying shares on March 1st each year, beginning on March 1, 2027."}],"balance_after":88450,"derivative":{"exercise_price":14.16,"expiration_date":"2033-01-30","underlying":"Common Stock","underlying_shares":88450},"source":{"system":"sec-edgar","filing":"0002071751-26-000002","document":"wk-form4_1770154773.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207175126000002/wk-form4_1770154773.xml","form_type":"4"}},{"id":920950,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Stock Option","published_at":"2026-02-03T21:35:28.000Z","date":"2026-01-30","kind":"grant","planned":false,"acquired":true,"shares":265351,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option vests as to one-fourth of the underlying shares on March 1st each year, beginning on March 1, 2027."}],"balance_after":265351,"derivative":{"exercise_price":14.16,"expiration_date":"2033-01-30","underlying":"Common Stock","underlying_shares":265351},"source":{"system":"sec-edgar","filing":"0002070664-26-000002","document":"wk-form4_1770154525.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000002/wk-form4_1770154525.xml","form_type":"4"}},{"id":920949,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Stock Option","published_at":"2026-02-03T21:31:26.000Z","date":"2026-01-30","kind":"grant","planned":false,"acquired":true,"shares":88450,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option vests as to one-fourth of the underlying shares on March 1st each year, beginning on March 1, 2027."}],"balance_after":88450,"derivative":{"exercise_price":14.16,"expiration_date":"2033-01-30","underlying":"Common Stock","underlying_shares":88450},"source":{"system":"sec-edgar","filing":"0002070582-26-000002","document":"wk-form4_1770154283.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000002/wk-form4_1770154283.xml","form_type":"4"}},{"id":921975,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Financial Officer"}}],"security":"Stock Option","published_at":"2026-02-03T16:43:22.000Z","date":"2026-01-30","kind":"grant","planned":false,"acquired":true,"shares":126357,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option vests as to one-fourth of the underlying shares on March 1st each year, beginning on March 1, 2027."}],"balance_after":126357,"derivative":{"exercise_price":14.16,"expiration_date":"2033-01-30","underlying":"Common Stock","underlying_shares":126357},"source":{"system":"sec-edgar","filing":"0001731414-26-000002","document":"wk-form4_1770154997.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000173141426000002/wk-form4_1770154997.xml","form_type":"4"}},{"id":942933,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"See Remarks"}}],"security":"Common Stock","published_at":"2026-01-08T22:01:36.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":1041,"price":12.16,"value":12658.56,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The Reporting Person is voluntarily reporting the acquisition of shares under the Issuer's 2025 Employee Stock Purchase Plan (\"ESPP\") ."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on December 31, 2025."}],"balance_after":139372,"source":{"system":"sec-edgar","filing":"0002071751-26-000001","document":"wk-form4_1767909694.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207175126000001/wk-form4_1767909694.xml","form_type":"4"}},{"id":942932,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2026-01-08T21:57:33.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":1661,"price":12.16,"value":20197.76,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The Reporting Person is voluntarily reporting the acquisition of shares under the Issuer's 2025 Employee Stock Purchase Plan (\"ESPP\") ."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on December 31, 2025."}],"balance_after":120118,"source":{"system":"sec-edgar","filing":"0002070664-26-000001","document":"wk-form4_1767909450.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207066426000001/wk-form4_1767909450.xml","form_type":"4"}},{"id":942931,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Operating Officer"}}],"security":"Common Stock","published_at":"2026-01-08T21:52:40.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":477,"price":12.16,"value":5800.32,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The Reporting Person is voluntarily reporting the acquisition of shares under the Issuer's 2025 Employee Stock Purchase Plan (\"ESPP\") ."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on December 31, 2025."}],"balance_after":215856,"source":{"system":"sec-edgar","filing":"0002070582-26-000001","document":"wk-form4_1767909157.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000207058226000001/wk-form4_1767909157.xml","form_type":"4"}},{"id":943261,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Financial Officer"}}],"security":"Common Stock","published_at":"2026-01-08T17:05:50.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":1076,"price":12.16,"value":13084.16,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The Reporting Person is voluntarily reporting the acquisition of shares under the Issuer's 2025 Employee Stock Purchase Plan (\"ESPP\") ."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on December 31, 2025."}],"balance_after":55521,"source":{"system":"sec-edgar","filing":"0001731414-26-000001","document":"wk-form4_1767909947.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000173141426000001/wk-form4_1767909947.xml","form_type":"4"}},{"id":968820,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2025-12-15T21:51:45.000Z","date":"2025-12-12","kind":"purchase","planned":false,"acquired":true,"shares":3900,"price":14.8911,"value":58075.29,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 is a weighted average purchase price. The shares of Common Stock were purchased in multiple transactions at prices ranging from $14.60 to $15.26, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth herein."}],"balance_after":118457,"source":{"system":"sec-edgar","filing":"0001628280-25-057067","document":"wk-form4_1765835502.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000162828025057067/wk-form4_1765835502.xml","form_type":"4"}},{"id":968819,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & Executive Chairman"}}],"security":"Common Stock","published_at":"2025-12-15T21:51:45.000Z","date":"2025-12-11","kind":"purchase","planned":false,"acquired":true,"shares":3300,"price":14.8285,"value":48934.05,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 is a weighted average purchase price. The shares of Common Stock were purchased in multiple transactions at prices ranging from $14.56 to $15.16, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth herein."}],"balance_after":114557,"source":{"system":"sec-edgar","filing":"0001628280-25-057067","document":"wk-form4_1765835502.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000162828025057067/wk-form4_1765835502.xml","form_type":"4"}},{"id":969515,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Financial Officer"}}],"security":"Common Stock","published_at":"2025-12-15T16:57:01.000Z","date":"2025-12-12","kind":"purchase","planned":false,"acquired":true,"shares":1005,"price":14.98,"value":15054.9,"ownership":{"direct":true},"balance_after":54445,"source":{"system":"sec-edgar","filing":"0001628280-25-057080","document":"wk-form4_1765835818.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000162828025057080/wk-form4_1765835818.xml","form_type":"4"}},{"id":969514,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Financial Officer"}}],"security":"Common Stock","published_at":"2025-12-15T16:57:01.000Z","date":"2025-12-11","kind":"purchase","planned":false,"acquired":true,"shares":995,"price":14.65,"value":14576.75,"ownership":{"direct":true},"balance_after":53440,"source":{"system":"sec-edgar","filing":"0001628280-25-057080","document":"wk-form4_1765835818.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000162828025057080/wk-form4_1765835818.xml","form_type":"4"}},{"id":1040124,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Stock Option","published_at":"2025-09-15T20:21:39.000Z","date":"2025-09-12","kind":"exercise","planned":false,"acquired":false,"shares":15778,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The stock option vested as to one-fourth of the underlying shares on April 19, 2024, and the remaining shares vest in 36 equal increments on the last day of each calendar month thereafter."}],"balance_after":12271,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-05-09","underlying":"Common Stock","underlying_shares":15778},"source":{"system":"sec-edgar","filing":"0001493152-25-013483","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013483/ownership.xml","form_type":"4"}},{"id":1040123,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Stock Option","published_at":"2025-09-15T20:21:39.000Z","date":"2025-09-12","kind":"exercise","planned":false,"acquired":false,"shares":78616,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option is fully vested and currently exercisable."}],"balance_after":0,"derivative":{"exercise_price":2.0988,"expiration_date":"2030-12-16","underlying":"Common Stock","underlying_shares":78616},"source":{"system":"sec-edgar","filing":"0001493152-25-013483","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013483/ownership.xml","form_type":"4"}},{"id":1040122,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Common Stock","published_at":"2025-09-15T20:21:39.000Z","date":"2025-09-12","kind":"exercise","planned":false,"acquired":true,"shares":15778,"price":2.4804,"value":39135.7512,"ownership":{"direct":true},"balance_after":138331,"source":{"system":"sec-edgar","filing":"0001493152-25-013483","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013483/ownership.xml","form_type":"4"}},{"id":1040121,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Common Stock","published_at":"2025-09-15T20:21:39.000Z","date":"2025-09-12","kind":"exercise","planned":false,"acquired":true,"shares":78616,"price":2.0988,"value":164999.2608,"ownership":{"direct":true},"balance_after":122553,"source":{"system":"sec-edgar","filing":"0001493152-25-013483","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013483/ownership.xml","form_type":"4"}},{"id":1040120,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Common Stock","published_at":"2025-09-15T20:15:37.000Z","date":"2025-09-12","kind":"purchase","planned":false,"acquired":true,"shares":6000,"price":15.4909,"value":92945.4,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.9196 to $15.815. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."}],"balance_after":111259,"source":{"system":"sec-edgar","filing":"0001493152-25-013475","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013475/ownership.xml","form_type":"4"}},{"id":1040119,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Common Stock","published_at":"2025-09-15T20:15:37.000Z","date":"2025-09-11","kind":"purchase","planned":false,"acquired":true,"shares":2000,"price":14.9048,"value":29809.6,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.8096 to $15.00. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote."}],"balance_after":105259,"source":{"system":"sec-edgar","filing":"0001493152-25-013475","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013475/ownership.xml","form_type":"4"}},{"id":1040118,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF OPERATING OFFICER"}}],"security":"Stock Option","published_at":"2025-09-15T20:09:17.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":false,"shares":16443,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The stock option vested as to one-fourth of the underlying shares on April 19, 2024, and the remaining shares vest in 36 equal increments on the last day of each calendar month thereafter."}],"balance_after":16285,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-05-09","underlying":"Common Stock","underlying_shares":16443},"source":{"system":"sec-edgar","filing":"0001493152-25-013467","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013467/ownership.xml","form_type":"4"}},{"id":1040117,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF OPERATING OFFICER"}}],"security":"Stock Option","published_at":"2025-09-15T20:09:17.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":false,"shares":78616,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option is fully vested and currently exercisable."}],"balance_after":0,"derivative":{"exercise_price":2.0988,"expiration_date":"2030-12-16","underlying":"Common Stock","underlying_shares":78616},"source":{"system":"sec-edgar","filing":"0001493152-25-013467","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013467/ownership.xml","form_type":"4"}},{"id":1040116,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF OPERATING OFFICER"}}],"security":"Stock Option","published_at":"2025-09-15T20:09:17.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":false,"shares":12286,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option is fully vested and currently exercisable."}],"balance_after":0,"derivative":{"exercise_price":0.9349,"expiration_date":"2027-10-23","underlying":"Common Stock","underlying_shares":12286},"source":{"system":"sec-edgar","filing":"0001493152-25-013467","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013467/ownership.xml","form_type":"4"}},{"id":1040115,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF OPERATING OFFICER"}}],"security":"Common Stock","published_at":"2025-09-15T20:09:17.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":true,"shares":16443,"price":2.4804,"value":40785.2172,"ownership":{"direct":true},"balance_after":215379,"source":{"system":"sec-edgar","filing":"0001493152-25-013467","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013467/ownership.xml","form_type":"4"}},{"id":1040114,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF OPERATING OFFICER"}}],"security":"Common Stock","published_at":"2025-09-15T20:09:17.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":true,"shares":78616,"price":2.0988,"value":164999.2608,"ownership":{"direct":true},"balance_after":198936,"source":{"system":"sec-edgar","filing":"0001493152-25-013467","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013467/ownership.xml","form_type":"4"}},{"id":1040113,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":22026,"kind":"person","name":"Ahearn Matthew Fraser","position":1,"cik":"0002070582","reported_name":"Ahearn Matthew Fraser","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF OPERATING OFFICER"}}],"security":"Common Stock","published_at":"2025-09-15T20:09:17.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":true,"shares":12286,"price":0.9349,"value":11486.1814,"ownership":{"direct":true},"balance_after":120320,"source":{"system":"sec-edgar","filing":"0001493152-25-013467","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000149315225013467/ownership.xml","form_type":"4"}},{"id":1040554,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF FINANCIAL OFFICER"}}],"security":"Stock Option","published_at":"2025-09-15T16:25:01.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":false,"shares":13264,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The stock option vests in 31 equal increments on the last day of each calendar month beginning on March 31, 2025."}],"balance_after":55267,"derivative":{"exercise_price":2.4804,"expiration_date":"2033-11-16","underlying":"Common Stock","underlying_shares":13264},"source":{"system":"sec-edgar","filing":"0001493152-25-013488","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000149315225013488/ownership.xml","form_type":"4"}},{"id":1040553,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF FINANCIAL OFFICER"}}],"security":"Common Stock","published_at":"2025-09-15T16:25:01.000Z","date":"2025-09-12","kind":"purchase","planned":false,"acquired":true,"shares":1600,"price":15.67,"value":25072.0,"ownership":{"direct":true},"balance_after":52445,"source":{"system":"sec-edgar","filing":"0001493152-25-013488","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000149315225013488/ownership.xml","form_type":"4"}},{"id":1040552,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":59988,"kind":"person","name":"Points Jeffrey S.","position":1,"cik":"0001731414","reported_name":"Points Jeffrey S.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CHIEF FINANCIAL OFFICER"}}],"security":"Common Stock","published_at":"2025-09-15T16:25:01.000Z","date":"2025-09-11","kind":"exercise","planned":false,"acquired":true,"shares":13264,"price":2.4804,"value":32900.0256,"ownership":{"direct":true},"balance_after":50845,"source":{"system":"sec-edgar","filing":"0001493152-25-013488","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1731414/000149315225013488/ownership.xml","form_type":"4"}},{"id":1074386,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Series E Convertible Preferred Stock","published_at":"2025-08-05T22:37:22.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":10252188,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":537326},"source":{"system":"sec-edgar","filing":"0000950170-25-103309","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000095017025103309/ownership.xml","form_type":"4"}},{"id":1074385,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Series D Convertible Preferred Stock","published_at":"2025-08-05T22:37:22.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":33259424,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":1743156},"source":{"system":"sec-edgar","filing":"0000950170-25-103309","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000095017025103309/ownership.xml","form_type":"4"}},{"id":1074384,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-08-05T22:37:22.000Z","date":"2025-08-01","kind":"purchase","planned":false,"acquired":true,"shares":100000,"price":15,"value":1500000.0,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2380482,"source":{"system":"sec-edgar","filing":"0000950170-25-103309","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000095017025103309/ownership.xml","form_type":"4"}},{"id":1074383,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-08-05T22:37:22.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":true,"shares":537326,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":2280482,"source":{"system":"sec-edgar","filing":"0000950170-25-103309","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000095017025103309/ownership.xml","form_type":"4"}},{"id":1074382,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":18699,"kind":"organization","name":"Gilde Healthcare Holding B.V.","position":1,"cik":"0001420106","reported_name":"Gilde Healthcare Holding B.V.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-08-05T22:37:22.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":true,"shares":1743156,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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 without payment or further consideration. There was no expiration date for the shares of preferred stock."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. The managing partners of Gilde Healthcare Holding B.V. are Manapouri B.V. (of which Edwin de Graaf is the owner and managing director) and Martemanshurk B.V. (of which Pieter van der Meer is the owner and managing director). Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":1743156,"source":{"system":"sec-edgar","filing":"0000950170-25-103309","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1420106/000095017025103309/ownership.xml","form_type":"4"}},{"id":1073914,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Series E Convertible Preferred Stock","published_at":"2025-08-05T20:05:18.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":146459,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":7676},"source":{"system":"sec-edgar","filing":"0001641172-25-022242","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022242/ownership.xml","form_type":"4"}},{"id":1073913,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Series D Convertible Preferred Stock","published_at":"2025-08-05T20:05:18.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":706572,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":37032},"source":{"system":"sec-edgar","filing":"0001641172-25-022242","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022242/ownership.xml","form_type":"4"}},{"id":1073912,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Series B Convertible Preferred Stock","published_at":"2025-08-05T20:05:18.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":387346,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":20301},"source":{"system":"sec-edgar","filing":"0001641172-25-022242","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022242/ownership.xml","form_type":"4"}},{"id":1073911,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Series A Convertible Preferred Stock","published_at":"2025-08-05T20:05:18.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":176086,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":9228},"source":{"system":"sec-edgar","filing":"0001641172-25-022242","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022242/ownership.xml","form_type":"4"}},{"id":1073910,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Series Seed Convertible Preferred Stock","published_at":"2025-08-05T20:05:18.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":222304,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":11651},"source":{"system":"sec-edgar","filing":"0001641172-25-022242","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022242/ownership.xml","form_type":"4"}},{"id":1073909,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":50513,"kind":"person","name":"Ball Robert Joseph","position":1,"cik":"0002070664","reported_name":"Ball Robert Joseph","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CEO & EXECUTIVE CHAIRMAN"}}],"security":"Common Stock","published_at":"2025-08-05T20:05:18.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":true,"shares":85888,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."}],"balance_after":103259,"source":{"system":"sec-edgar","filing":"0001641172-25-022242","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022242/ownership.xml","form_type":"4"}},{"id":1073908,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34735,"kind":"person","name":"Buchholz Richard","position":1,"cik":"0001737133","reported_name":"Buchholz Richard","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-08-05T20:05:17.000Z","date":"2025-08-01","kind":"purchase","planned":false,"acquired":true,"shares":5000,"price":15,"value":75000.0,"ownership":{"direct":true},"balance_after":12666,"source":{"system":"sec-edgar","filing":"0001641172-25-022244","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022244/ownership.xml","form_type":"4"}},{"id":1073907,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34735,"kind":"person","name":"Buchholz Richard","position":1,"cik":"0001737133","reported_name":"Buchholz Richard","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-08-05T20:05:17.000Z","date":"2025-08-01","kind":"grant","planned":false,"acquired":true,"shares":7666,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"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."}],"balance_after":7666,"source":{"system":"sec-edgar","filing":"0001641172-25-022244","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022244/ownership.xml","form_type":"4"}},{"id":1073906,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Series E Convertible Preferred Stock","published_at":"2025-08-05T20:05:14.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":36614,"ownership":{"direct":false,"nature":"By David Lawrence Blue Living Trust"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":1918},"source":{"system":"sec-edgar","filing":"0001641172-25-022243","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022243/ownership.xml","form_type":"4"}},{"id":1073905,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Series C Convertible Preferred Stock","published_at":"2025-08-05T20:05:14.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":46512,"ownership":{"direct":false,"nature":"By David Lawrence Blue Living Trust"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":2437},"source":{"system":"sec-edgar","filing":"0001641172-25-022243","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022243/ownership.xml","form_type":"4"}},{"id":1073904,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Series B Convertible Preferred Stock","published_at":"2025-08-05T20:05:14.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":308916,"ownership":{"direct":false,"nature":"By David Lawrence Blue Living Trust"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":16190},"source":{"system":"sec-edgar","filing":"0001641172-25-022243","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022243/ownership.xml","form_type":"4"}},{"id":1073903,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Series A Convertible Preferred Stock","published_at":"2025-08-05T20:05:14.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":346333,"ownership":{"direct":false,"nature":"By David Lawrence Blue Living Trust"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":18151},"source":{"system":"sec-edgar","filing":"0001641172-25-022243","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022243/ownership.xml","form_type":"4"}},{"id":1073902,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Series Seed Convertible Preferred Stock","published_at":"2025-08-05T20:05:14.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":100000,"ownership":{"direct":false,"nature":"By David Lawrence Blue Living Trust"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":5241},"source":{"system":"sec-edgar","filing":"0001641172-25-022243","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022243/ownership.xml","form_type":"4"}},{"id":1073901,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":67886,"kind":"person","name":"Blue David Lawrence","position":1,"cik":"0002071751","reported_name":"Blue David Lawrence","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SEE REMARKS"}}],"security":"Common Stock","published_at":"2025-08-05T20:05:14.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":true,"shares":43937,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."}],"balance_after":43937,"source":{"system":"sec-edgar","filing":"0001641172-25-022243","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022243/ownership.xml","form_type":"4"}},{"id":1073900,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34734,"kind":"person","name":"Sidow Kevin K.","position":1,"cik":"0002072468","reported_name":"Sidow Kevin K.","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Series D Convertible Preferred Stock","published_at":"2025-08-05T20:05:12.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":235524,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":12344},"source":{"system":"sec-edgar","filing":"0001641172-25-022251","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022251/ownership.xml","form_type":"4"}},{"id":1073899,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34734,"kind":"person","name":"Sidow Kevin K.","position":1,"cik":"0002072468","reported_name":"Sidow Kevin K.","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-08-05T20:05:12.000Z","date":"2025-08-01","kind":"grant","planned":false,"acquired":true,"shares":7666,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F2","text":"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."}],"balance_after":20010,"source":{"system":"sec-edgar","filing":"0001641172-25-022251","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022251/ownership.xml","form_type":"4"}},{"id":1073898,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":34734,"kind":"person","name":"Sidow Kevin K.","position":1,"cik":"0002072468","reported_name":"Sidow Kevin K.","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-08-05T20:05:12.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":true,"shares":12344,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."}],"balance_after":12344,"source":{"system":"sec-edgar","filing":"0001641172-25-022251","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022251/ownership.xml","form_type":"4"}},{"id":1073897,"issuer":{"id":5607,"kind":"organization","name":"SHOULDER INNOVATIONS, INC.","symbol":"SI"},"owners":[{"id":66854,"kind":"person","name":"Pardo Geoffrey B","position":1,"cik":"0001753143","reported_name":"Pardo Geoffrey B","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Series E Convertible Preferred Stock","published_at":"2025-08-05T20:05:11.000Z","date":"2025-08-01","kind":"exercise","planned":false,"acquired":false,"shares":10252188,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"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."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Held directly by Cooperatieve Gilde Healthcare V U.A. (\"Gilde\"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. and managed by Edwin de Graaf and Pieter van der Meer. Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":537326},"source":{"system":"sec-edgar","filing":"0001641172-25-022249","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1699350/000164117225022249/ownership.xml","form_type":"4"}}],"next_cursor":"2025-08-05T20:05:11.000000Z,1073897"}