AHEARN MATTHEW FRASER

PrivateCIK: 2070582
Location

HOLLAND, MI

AHEARN MATTHEW FRASER (Chief Operating Officer) sold 8.4% of their position (22.50K shares) of SHOULDER INNOVATIONS, INC. on the open market

Open‑market sale worth $464.8K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales
InsiderAHEARN MATTHEW FRASERCIK 2070582
DirectorOfficer· Chief Operating Officer
Since Jan 2026
-25K
Net shares
Net seller
$464.8K
Total sold
3
Open market trades
0B · 3S
4
Total transactions
25K disposed
Non-Derivative Transactions4

Common Stock

Direct
G · Gift

Shares

2.50K

Price / share

Trade value

% of position

0.9%
8/14/2026
269.18K266.68K

Common Stock

Direct
S · Sale

Shares

8.31K

Price / share

$20.10

Trade value

$167.10K

% of position

3.1%
8/17/2026
266.68K258.36K

Common Stock

Direct
S · Sale

Shares

12.59K

Price / share

$20.94

Trade value

$263.49K

% of position

4.9%
8/18/2026
258.36K245.78K

Common Stock

Direct
S · Sale

Shares

1.60K

Price / share

$21.38

Trade value

$34.21K

% of position

0.7%
8/18/2026
245.78K244.18K
Total

Net shares

25K

Net value

-$464.81K

Derivative Transactions0
No derivative transactions reported