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

Sentiment:

SEC Form 4 Filing


Albert DaCosta, a director, 10% owner, and officer of Paragon 28, Inc., reported a transaction involving common stock due to tax liability from vesting restricted stock units.

Summary

  • On March 10, 2025, Albert DaCosta reported a transaction involving Paragon 28, Inc. common stock.
  • The transaction involved the withholding of 18,258 shares to cover tax liabilities incident to the vesting of restricted stock units (RSUs) at a price of $13.01.
  • Following the transaction, DaCosta directly owns 976,932 shares, including 279,501 RSUs.
  • DaCosta indirectly owns 5,339,110 shares through The DaCosta Family Trust, where he serves as trustee.
  • He also indirectly owns 5,000,000 shares through DaCosta Investment Company, LLC, where he is a manager.
  • Additionally, DaCosta indirectly owns 100,000 shares through his spouse.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is related to tax obligations of an executive.

Key Dates

DateDescription
03/10/2025Date of the reported transaction involving common stock.
03/12/2025Date of signature by Attorney-in-Fact for Albert DaCosta.

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