Form 4 for SI SHOULDER INNOVATIONS, INC.
Accepted 2025-08-05 00:00:00 ET · period of report 2025-08-01 · accession 0001641172-25-022249 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-08-05 | 2025-08-01 | SI | Pardo Geoffrey B | Dir, 10% | A - Grant | $0.00 | +7,666 | 7,666 | New | $0 |
| DI | 2025-08-05 | 2025-08-01 | SI | Pardo Geoffrey B | Dir, 10% | P - Purchase | $15.00 | +100.0K | 2.38M | +4% | +$1.50M |
| DI | 2025-08-05 | 2025-08-01 | SI | Pardo Geoffrey B | Dir, 10% | C - Cnv Deriv | — | +2.28M | 2.28M | New | — |
| DMI | 2025-08-05 | 2025-08-01 | SI | Pardo Geoffrey B | Dir, 10% | C - Cnv Deriv | — | -43.51M | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-08-01 | A | A | 7,666 | $0.00 | 7,666 | D | — | — | (F3) Represents an award of restricted stock units ("RSUs"). The RSUs will vest on the earlier of the date of the annual meeting of stockholders to be held in 2026 or August 1, 2026. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. |
| 2 | Common | Common Stock | 2025-08-01 | P | A | 100,000 | $15.00 | 2,380,482 | I See Footnote | — | — | (F2) Held directly by Cooperatieve Gilde Healthcare V U.A. ("Gilde"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. and managed by Edwin de Graaf and Pieter van der Meer. Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares. |
| 3 | Common | Common Stock | 2025-08-01 | C | A | 2,280,482 | — | 2,280,482 | I See Footnote | — | — | (F1) 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. (F2) Held directly by Cooperatieve Gilde Healthcare V U.A. ("Gilde"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. and managed by Edwin de Graaf and Pieter van der Meer. Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares. |
| 4 | Derivative | Series D Convertible Preferred Stock | 2025-08-01 | C | D | 33,259,424 | — | 0 | I See Footnote | — · — to — | 1,743,156 Common Stock | (F1) 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. (F2) Held directly by Cooperatieve Gilde Healthcare V U.A. ("Gilde"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. and managed by Edwin de Graaf and Pieter van der Meer. Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares. |
| 5 | Derivative | Series E Convertible Preferred Stock | 2025-08-01 | C | D | 10,252,188 | — | 0 | I See Footnote | — · — to — | 537,326 Common Stock | (F1) 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. (F2) Held directly by Cooperatieve Gilde Healthcare V U.A. ("Gilde"). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. and managed by Edwin de Graaf and Pieter van der Meer. Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares. |