SEC Form 4 · accession 0002070664-26-000006
SHOULDER INNOVATIONS, INC. · SI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Joseph Ball
Officer — CEO & Executive Chairman · Director
Period of report
Sep 14, 2026
Accepted (ET)
Sep 14, 2026 · 8:23 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001699350
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 14, 2026 | M | 89,233 | $2.0988 | A | 390,999 | D | |
| Common StockF2 | Sep 14, 2026 | S | 10,175 | $18.4478 | D | 380,824 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $2.0988 | Sep 14, 2026 | M | 89,233 | D | — | Dec 16, 2030 | Common Stock | 89,233 | 92,143 | D |
Explanation of responses
- F1Includes 1,748 shares of Common Stock acquired on June 30, 2026 pursuant to the Issuer's 2025 Employee Stock Purchase Plan.
- F2The 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.
- F3The stock option is fully vested and currently exercisable.