PARDO GEOFFREY B purchased 4.4% of their position (100K shares) of SHOULDER INNOVATIONS, INC. on the open market
Open‑market purchase worth $1.50M — a small addition. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 8/5/2025ACC: 0001641172-25-022249
Director10% Owner
Since Jul 2025
-41.12M
Net shares
Net seller
$1.50M
Total acquired
1
Open market trades
1B · 0S
5
Total transactions
2.39M acquired · 43.51M disposed
Non-Derivative Transactions3
Common Stock
Indirect
Shares
+2.28M
Price / share
—
Trade value
—
% of position
New position
8/1/2025
0.00→2.28M
Common Stock
Indirect
Shares
+100K
Price / share
$15.00
Trade value
$1.50M
% of position
4.4%
8/1/2025
2.28M→2.38M
Common Stock
Direct
Shares
+7.67K
Price / share
—
Trade value
—
% of position
New position
8/1/2025
0.00→7.67K
Total
Net shares
+2.39M
Net value
$1.50M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 8/1/2025 | C · Conversion | +2.28M | — | — | New position | 0.00 | 2.28M |
| Common Stock Indirect | 8/1/2025 | P · Purchase | +100K | $15.00 | $1.50M | 4.4% | 2.28M | 2.38M |
| Common Stock Direct | 8/1/2025 | A · Award | +7.67K | — | — | New position | 0.00 | 7.67K |
| Total | +2.39M | $1.50M | ||||||
Derivative Transactions2
Series D Convertible Preferred Stock
Indirect
Converts to
Common Stock
1.74M shares
Shares
−33.26M
Strike price
Held after
0.00
Exercisable
—
8/1/2025
Series E Convertible Preferred Stock
Indirect
Converts to
Common Stock
537.33K shares
Shares
−10.25M
Strike price
Held after
0.00
Exercisable
—
8/1/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series D Convertible Preferred Stock Indirect | Common Stock1.74M shares | 8/1/2025 | C · Conversion | −33.26M | — | 0.00 | |
| Series E Convertible Preferred Stock Indirect | Common Stock537.33K shares | 8/1/2025 | C · Conversion | −10.25M | — | 0.00 |