Form 4: Albert DaCosta Reports Changes in Beneficial Ownership of Paragon 28, Inc. Shares

Albert DaCosta, a director, 10% owner, and officer of Paragon 28, Inc., reports changes in his beneficial ownership of the company's common stock due to gift transactions.

Summary

• On March 14, 2025, Albert DaCosta reported changes in his beneficial ownership of Paragon 28, Inc. common stock.
• He gifted 2,061,702 shares of common stock, resulting in a decrease in his directly held shares.
• He also acquired 2,061,702 shares of common stock through trusts for the benefit of his children.
• Following these transactions, DaCosta directly owns 976,932 shares, including 279,501 RSUs.
• He indirectly owns 3,277,408 shares through The DaCosta Family Trust, 2,061,702 shares through trusts for his children, 5,000,000 shares through DaCosta Investment Company, LLC, and 100,000 shares by spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It doesn't necessarily reflect a change in the company's prospects but provides transparency to investors.

Stakeholder Impact

• The changes in ownership may be of interest to shareholders, but the transactions themselves (gifts) are unlikely to have a significant impact on the company's operations or financial performance.

Key Dates