<SEC-DOCUMENT>0001641172-25-022249.txt : 20250805
<SEC-HEADER>0001641172-25-022249.hdr.sgml : 20250805
<ACCEPTANCE-DATETIME>20250805160511
ACCESSION NUMBER:		0001641172-25-022249
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250801
FILED AS OF DATE:		20250805
DATE AS OF CHANGE:		20250805

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Pardo Geoffrey B
		CENTRAL INDEX KEY:			0001753143
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42771
		FILM NUMBER:		251184849

	MAIL ADDRESS:	
		STREET 1:		100 DOMAIN DRIVE
		CITY:			EXETER
		STATE:			NH
		ZIP:			03833

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SHOULDER INNOVATIONS, INC.
		CENTRAL INDEX KEY:			0001699350
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		EIN:				270538764
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		13827 PORT SHELDON STREET
		CITY:			HOLLAND
		STATE:			MI
		ZIP:			49424
		BUSINESS PHONE:		616-566-0286

	MAIL ADDRESS:	
		STREET 1:		13827 PORT SHELDON STREET
		CITY:			HOLLAND
		STATE:			MI
		ZIP:			49424
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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        <issuerCik>0001699350</issuerCik>
        <issuerName>SHOULDER INNOVATIONS, INC.</issuerName>
        <issuerTradingSymbol>SI</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001753143</rptOwnerCik>
            <rptOwnerName>Pardo Geoffrey B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SHOULDER INNOVATIONS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1535 STEELE AVENUE SW, SUITE B</rptOwnerStreet2>
            <rptOwnerCity>GRAND RAPIDS</rptOwnerCity>
            <rptOwnerState>MI</rptOwnerState>
            <rptOwnerZipCode>49507</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
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    <derivativeTable>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
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                </underlyingSecurityShares>
            </underlyingSecurity>
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                    <value>See Footnote</value>
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        <derivativeTransaction>
            <securityTitle>
                <value>Series E Convertible Preferred Stock</value>
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                    <value>See Footnote</value>
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        </derivativeTransaction>
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    <footnotes>
        <footnote id="F1">Immediately prior to the closing of the Issuer's initial public offering, the shares of preferred stock of the Issuer automatically converted into shares of Common Stock on a one-for-0.052410901 basis.</footnote>
        <footnote id="F2">Held directly by Cooperatieve Gilde Healthcare V U.A. (&quot;Gilde&quot;). Gilde Healthcare V Management B.V. is the managing director of Gilde and has sole voting and dispositive power with respect to the shares held by Gilde. Gilde Healthcare V Management B.V. is owned by Gilde Healthcare Holding B.V. and managed by Edwin de Graaf and Pieter van der Meer. Geoff Pardo is a partner at Gilde and may be deemed to share voting and dispositive power with respect to the shares held of record by Gilde. Mr. Pardo disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares.</footnote>
        <footnote id="F3">Represents an award of restricted stock units (&quot;RSUs&quot;). The RSUs will vest on the earlier of the date of the annual meeting of stockholders to be held in 2026 or August 1, 2026. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Jeffrey Points, as Attorney-in-Fact</signatureName>
        <signatureDate>2025-08-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
