cultivate(MD) Holdings, LLC - 30 Sep 2025 SCHEDULE 13G Report for SHOULDER INNOVATIONS, INC. Common Stock, par value $0.001 per share (SI)

Filing Manager: cultivate(MD) Holdings, LLC
Reporting Manager: cultivate(MD) Holdings, LLC
Security: SHOULDER INNOVATIONS, INC. Common Stock, par value $0.001 per share
Symbol: SI
Shares outstanding: 20.3M shares
Disclosed Ownership: 1.36M shares
Ownership: 6.7%
Form type: SCHEDULE 13G
Filing time: 12 Nov 2025, 16:17:11 UTC
Date of event: 30 Sep 2025
SEC: View on sec.gov

Reporting Managers (5)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title
cultivate(MD) Holdings, LLC	6.7%	1.36M	1.36M	0	/s/ R. Sean Churchill	Managing Director
Blue David Lawrence	6.7%	1.36M	0	1.36M	/s/ David Lawrence Blue	Self
Ahearn Matthew Fraser	6.7%	1.36M	0	1.36M	/s/ Matthew Fraser Ahearn	Self
Ball Robert Joseph	6.7%	1.36M	0	1.36M	/s/ Robert Joseph Ball	Self
Churchill R. Sean	6.7%	1.36M	0	1.36M	/s/ R. Sean Churchill	Self