Form 4: Shoulder Innovations COO Sells Shares
Insider Transaction (Form 4)
Matthew Fraser Ahearn, Chief Operating Officer and a Director of Shoulder Innovations, Inc., sold 22,500 shares of common stock on August 14, 2026.
Summary
- Bona fide gift: disposed of 2,500 Common Stock on August 14, 2026; holds 266,676 after (Direct).
- Open-market sale: disposed of 8,314 Common Stock at $20.10 ($167,101) on August 17, 2026; holds 258,362 after (Direct).
- Open-market sale: disposed of 12,586 Common Stock at $20.94 ($263,493) on August 18, 2026; holds 245,776 after (Direct).
- Open-market sale: disposed of 1,600 Common Stock at $21.38 ($34,211) on August 18, 2026; holds 244,176 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $464,805 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Matthew Fraser Ahearn — Director, Officer (Chief Operating Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-14 | Bona fide gift | Common Stock | 2,500 | — | — | 266,676 |
| 2026-08-17 | Open-market sale | Common Stock | 8,314 | $20 | $167.1K | 258,362 |
| 2026-08-18 | Open-market sale | Common Stock | 12,586 | $21 | $263.5K | 245,776 |
| 2026-08-18 | Open-market sale | Common Stock | 1,600 | $21 | $34.2K | 244,176 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Bona fide gift (2,500 shares) |
| 2026-08-17 | Open-market sale (8,314 shares) |
| 2026-08-18 | Open-market sale (12,586 shares) |
| 2026-08-18 | Open-market sale (1,600 shares) |
Keywords
insider transaction, Form 4, SI, SHOULDER INNOVATIONS, INC., bearish, Matthew Fraser Ahearn
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.