Trade Summary

5 months ago, Carusi Michael A, serving as Dir at Shoulder Innovations, Inc. (SI), purchased 266,666 shares at $15.00 per share, for a total transaction value of $3,999,990.00. Following this transaction, Carusi Michael A now holds 1,892,802 shares of SI.

This purchase represents a 16.00% increase in Carusi Michael A's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, August 1, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, August 5, 2025, 4 days after the trade was made.

Shoulder Innovations, Inc. operates in the NONE sector, specifically within the NONE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.