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buyNotable cluster of 7

Michael A Carusi bought $4.0M of SI

director at SHOULDER INNOVATIONS, INC.. 266,666 shares at an average of $15.00, traded Aug 1, 2025, filed Aug 5, 2025.

Conviction score
68
Value
$4.0M
266,666 shares
Holdings after
1,885,136
+16% from before
From 52-week low
0%
low $14.25, close $14.25
From 52-week high
-5%
high $15.05, as of Aug 1, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $4.0M at market
    +25
  • Relative to holdings
    Holdings up 16%
    +3
  • Price context
    0% above the 52-week low
    +10
  • Cluster
    7 insiders buying within 14 days
    +15
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +7.8%, 3m -21.1%, 6m -5.4%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

SIOct 9, 2026 · close 18.13
Since filing Aug 5, 2025: +28.0%SPY +25.7% · excess +2.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001641172-25-022246, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 1, 2025CConversion
Common Stockindirect: See Footnotes
+1,618,470--1,618,470Aug 5, 2025
Aug 1, 2025POpen-market purchase
Common Stockindirect: See Footnotes
+266,666$15.00$4.0M1,885,136Aug 5, 2025
Aug 1, 2025AGrant or award
Common Stock
+7,666$0.00$07,666Aug 5, 2025
Aug 1, 2025CConversion
Series C Convertible Preferred Stockderivativeindirect: See Footnotes
-20,930,233--0Aug 5, 2025
Aug 1, 2025CConversion
Series D Convertible Preferred Stockderivativeindirect: See Footnotes
-9,950,208--0Aug 5, 2025

Related signals

Other insiders at SHOULDER INNOVATIONS, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
22Weak
SIsell
SHOULDER INNOVATIONS, INC.
Robert Joseph Ball
CEO & Executive Chairman
$188k
10,175 shares
-3%
25Weak
SIsell 2
SHOULDER INNOVATIONS, INC.
Gilde Healthcare Holding B.V.
owner
$27k
1,196 shares
-0%
39Weak
SIsell 2
SHOULDER INNOVATIONS, INC.
Gilde Healthcare Holding B.V.
owner
$567k
25,097 shares
-1%
25Weak
SIsell 210b5-1
SHOULDER INNOVATIONS, INC.
Matthew Fraser Ahearn
Chief Operating Officer
$465k
22,500 shares
-8%
32Weak
SIsell 2
SHOULDER INNOVATIONS, INC.
Gilde Healthcare Holding B.V.
owner
$213k
9,433 shares
-0%
45Moderate
SIsell 2
SHOULDER INNOVATIONS, INC.
Gilde Healthcare Holding B.V.
owner
$2.5M
110,563 shares
-5%
37Weak
SIsell
SHOULDER INNOVATIONS, INC.
Gilde Healthcare Holding B.V.
owner
$1.1M
48,279 shares
-2%
15Weak
SIsell10b5-1
SHOULDER INNOVATIONS, INC.
Matthew Fraser Ahearn
Chief Operating Officer
$374k
20,000 shares
-7%
41Moderate
SIbuy 3
SHOULDER INNOVATIONS, INC.
Robert Joseph Ball
CEO & Executive Chairman
$33k
2,200 shares
+1%
33Weak
SIbuy 3
SHOULDER INNOVATIONS, INC.
Richard Buchholz
director
$15k
1,000 shares
+8%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Michael A Carusi bought $4.0M of SI | InsiderTell