Shoulder Innovations, Inc.: director Paul Buckman received 1,275 shares

What happened Paul Buckman, a director, was granted 1,275 restricted stock units (RSUs) on Oct 5, 2026, reported on a Form 4 filed Oct 6, 2026. The filing shows a per-unit value of $19.60 for a total of $24,990. The RSUs were received in lieu of cash retainer fees and were fully vested as of the grant date.

Key details

• Transaction date and price: Oct 5, 2026; $19.60 per RSU; total value $24,990.
• Transaction code: A (award/grant).
• Shares owned after the transaction: not reported in the Form 4.
• Footnote: the award represents RSUs that each confer a contingent right to one share, have no expiration date, and the reporting person voluntarily elected to defer delivery of the underlying shares until departure from the board.
• Filing date: Form 4 filed Oct 6, 2026; the Form 4 does not indicate a late filing.

Why it may matter

• This was an award of RSUs, not a market purchase, sale, or option exercise.
  A filing does not show why the insider traded or why the company acted.