Shoulder Innovations, Inc.: 10% owner Casey M Tansey received 733 shares

What happened Casey M Tansey, listed as a 10% owner and a member of the issuer's board of directors, received an award of 733 restricted stock units (RSUs) on Oct 5, 2026, at a grant price of $19.60 per share for a total value of $14,367. The filing states the RSUs were received in lieu of cash retainer fees and were fully vested as of the grant date; the reporting person elected to defer receipt of the underlying common stock until departure from the board.

Key details

• Transaction date and price: Oct 5, 2026 at $19.60 per share.
• Shares involved: 733 RSUs; total reported value $14,367.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: RSUs received in lieu of cash retainer, fully vested, each RSU entitles holder to one share, no expiration, deferred settlement until board departure.
• Footnotes F2 and F3: Describe governance/ownership structure of Presidio Management Group entities (PMG XII and PMG Select), naming managing members and that Casey M Tansey is a managing partner who may be deemed to share voting and dispositive power over related fund holdings; managing members disclaim beneficial ownership except for pecuniary interest.
• Filing date: Oct 6, 2026; no late-filing flag indicated in the provided information.

Why it may matter

• Award/grant: this was an RSU award/settlement election, not an open-market buy or sale.
• 10% owner: the reporting person is listed as a 10% owner, indicating a large holder role rather than an executive compensation action.
  A filing does not show why the insider traded or why the company acted.