Form 4: Paragon 28, Inc. Director Albert DaCosta Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Albert DaCosta, a director, 10% owner, and officer of Paragon 28, Inc., reports a transaction involving common stock related to tax liability from vesting restricted stock units.
Summary
- On October 21, 2024, Albert DaCosta, a director, 10% owner, and officer of Paragon 28, Inc., reported a transaction.
- The transaction involved the withholding of 22,559 common stock shares at a price of $5.33 to cover tax liabilities related to the vesting of restricted stock units (RSUs).
- Following the transaction, DaCosta directly owns 620,777 shares, including 346,826 RSUs.
- DaCosta also indirectly owns 5,339,110 shares through The DaCosta Family Trust and 5,000,000 shares through DaCosta Investment Company, LLC.
- Additionally, DaCosta indirectly owns 25,000 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine adjustment of share ownership due to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of stock transaction. |
| 10/23/2024 | Date of signature for the report. |
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