BLUE DAVID LAWRENCE

PrivateCIK: 2071751
Location

COLORADO SPRINGS, CO

BLUE DAVID LAWRENCE (See Remarks) exercised options at SHOULDER INNOVATIONS, INC.

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

M · 2 exercises
InsiderBLUE DAVID LAWRENCECIK 2071751
Officer· See Remarks
Since Jan 2026
0.00
Net shares
Net seller
$204.1K
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
94.39K acquired · 94.39K disposed
Non-Derivative Transactions2

Common Stock

Direct
M · Option Exercise

Shares

+78.62K

Price / share

$2.10

Trade value

$165K

% of position

178.9%
9/12/2025
43.94K122.55K

Common Stock

Direct
M · Option Exercise

Shares

+15.78K

Price / share

$2.48

Trade value

$39.14K

% of position

12.9%
9/12/2025
122.55K138.33K
Total

Net shares

+94.39K

Net value

$204.14K

Derivative Transactions2

Stock Option

Direct
M · Option Exercise
Converts to

Common Stock

78.62K shares

Shares

78.62K

Strike price

2.0988

Held after

0.00

Exercisable

9/12/2025

Stock Option

Direct
M · Option Exercise
Converts to

Common Stock

15.78K shares

Shares

15.78K

Strike price

2.4804

Held after

12.27K

Exercisable

9/12/2025
BLUE DAVID LAWRENCE — Insider Transaction (Form 4) Filed Sep 15, 2025 | Finecho