AHEARN MATTHEW FRASER

PrivateCIK: 2070582
Location

HOLLAND, MI

AHEARN MATTHEW FRASER (Chief Operating Officer) exercised options at SHOULDER INNOVATIONS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises
InsiderAHEARN MATTHEW FRASERCIK 2070582
DirectorOfficer· Chief Operating Officer
Since Jan 2026
0.00
Net shares
Net seller
$59.2K
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
21.66K acquired · 21.66K disposed
Non-Derivative Transactions2

Common Stock

Direct
M · Option Exercise

Shares

+7.42K

Price / share

$2.48

Trade value

$18.41K

% of position

2.8%
4/20/2026
265.10K272.52K

Common Stock

Direct
M · Option Exercise

Shares

+14.24K

Price / share

$2.86

Trade value

$40.76K

% of position

5.2%
4/20/2026
272.52K286.76K
Total

Net shares

+21.66K

Net value

$59.17K

Derivative Transactions2

Stock Option

Direct
M · Option Exercise
Converts to

Common Stock

7.42K shares

Shares

7.42K

Strike price

2.4804

Held after

8.86K

Exercisable

4/20/2026

Stock Option

Direct
M · Option Exercise
Converts to

Common Stock

14.24K shares

Shares

14.24K

Strike price

2.862

Held after

42.73K

Exercisable

4/20/2026
AHEARN MATTHEW FRASER — Insider Transaction (Form 4) Filed Apr 21, 2026 | Finecho