Form 4: Paragon 28 Executive Andrew James Hill Reports Stock Transaction
SEC Form 4 Filing
Andrew James Hill, EVP of Research & Development at Paragon 28, Inc., reports the withholding of 9,397 shares of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On October 23, 2024, Andrew James Hill, EVP of Research & Development at Paragon 28, Inc., had 9,397 shares of common stock withheld to cover tax liabilities.
- The shares were withheld incident to the vesting of restricted stock units (RSUs).
- The price per share for the transaction was $5.06.
- Following the transaction, Hill beneficially owns 76,513 shares of Paragon 28, Inc., which includes 64,432 RSUs.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested stock, so it doesn't significantly impact sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives, buy or sell their company's stock. This filing indicates a transaction related to tax obligations from vested stock awards, a common occurrence.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Date of stock transaction (withholding of shares for tax liability). |
| 10/25/2024 | Date of signature on the Form 4 filing. |
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