Trade Summary

9 months ago, Pardo Geoffrey B, serving as Dir, 10% owner at Shoulder Innovations, Inc. (SI), purchased 100,000 shares at $15.00 per share, for a total transaction value of $1,500,000.00. Following this transaction, Pardo Geoffrey B now holds 2,388,148 shares of SI.

This purchase represents a 4.00% increase in Pardo Geoffrey B's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Friday, August 1, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, August 5, 2025 at 4:05 PM ET, 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.