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$SI All transactions

SHOULDER INNOVATIONS, INC.

C

$ Value

Shares

1,618,470

Price

Filed

Aug 5

Insider

Name

LSV Associates II, LLC

Title

CIK

0001818388

Roles

Other

Transaction Details

Transaction Date

2025-08-01

Code

C

Table

Non-Derivative

Ownership

Indirect

Equity Swap

No

Shares After

1,618,470

Footnotes

Immediately prior to the closing of the Issuer's initial public offering, the shares of preferred stock of the Issuer automatically converted into shares of Common Stock on a one-for-0.052410901 basis. | LSV Associates II, LLC is the general partner of Lightstone Ventures II, L.P. ("LSV II") and Lightstone Ventures II (A), L.P. ("LSV II (A)") and has sole voting and dispositive power with respect to the shares held by LSV II and LSV II (A). The reporting person is a managing director of LSV Associates II, LLC, and shares voting and dispositive power with respect to the shares held of record by LSV II and LSV II (A). Jean George, Michael A. Carusi and Henry A. Plain, Jr. are the managing directors of LSV Associates II, LLC, and share voting and dispositive power with respect to the shares held of record by LSV II and LSV II (A). Mr. Carusi is a director of the Issuer and files separate Section 16 reports. Each of the reporting persons disclaims beneficial ownership of such shares except to the extent of his, her or its respective pecuniary interest therein. | Following the transactions reported in this Form 4, (i) 1,781,479 shares of Common Stock are held by LSV II and (ii) 103,657 shares of Common Stock are held by LSV II (A). | Consists of (i) 1,036,638 shares of Common Stock underlying Series C Preferred Stock and 492,833 shares of Common Stock underlying Series D Preferred Stock held by LSV II; and (ii) 60,333 shares of Common Stock underlying Series C Preferred Stock and 28,666 shares of Common Stock underlying Series D Preferred Stock held by LSV II (A).

Filing Info

Accession No.

0001641172-25-022247

Form Type

4

Issuer CIK

0001699350

LSV Associates II, LLC's History

Date Ticker Type Value
2025-08-01 SI C
2025-08-01 SI $4.0M
2025-08-01 SI C
2025-08-01 SI C

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