Shoulder Innovations, Inc.: director Andrew Hykes received 669 shares

What happened Andrew Hykes, a director, received an award of 669 restricted stock units (RSUs) valued at $19.60 per share, for a total of $13,112, on Oct 05, 2026. The RSUs were granted in lieu of cash retainer fees and were fully vested as of the grant date.

Key details

• Transaction date and price: Oct 05, 2026, 669 shares at $19.60 per share.
• Total value reported: $13,112.
• Shares owned after the transaction: not reported in the filing.
• Footnote: the RSUs were received in lieu of cash retainer fees, were fully vested on the grant date, each RSU represents a contingent right to one share with no expiration, and the reporting person voluntarily elected to defer receipt of the shares until departure from the board.
• Filing timeliness: the filing date was Oct 06, 2026 (no late-report indicator provided).

Why it may matter

• This was an award of RSUs received in lieu of cash compensation, not a market purchase or sale.
• A filing does not show why the insider traded or why the company acted.