Form 4: Paragon 28, Inc. Executive Matthew Jarboe Reports Stock Transaction
SEC Form 4 Filing
Chief Commercial Officer Matthew Jarboe reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 28, 2024, Matthew Jarboe, Chief Commercial Officer of Paragon 28, Inc., disposed of 3,282 shares of common stock to cover tax liabilities associated with the vesting of restricted stock units.
- The transaction was executed at a price of $12.15 per share.
- Following the transaction, Jarboe directly owns 298,846 shares, which includes 80,207 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transaction |
| 03/01/2024 | Date of signature |
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