Form 4: Paragon 28, Inc. Executive Robert S. McCormack Reports Stock Transaction
SEC Form 4 Filing
Robert S. McCormack, General Counsel and Corporate Secretary of Paragon 28, Inc., reports the withholding of 8,165 common stock shares to cover tax liabilities related to vesting restricted stock units on March 10, 2025.
Summary
- On March 10, 2025, Robert S. McCormack, General Counsel and Corporate Secretary of Paragon 28, Inc., had 8,165 shares of common stock withheld to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
- The shares were withheld at a price of $13.01 per share.
- Following the transaction, McCormack directly owns 112,267 shares, which includes 94,832 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices and tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of RSUs, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves the withholding of shares for tax purposes related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of the stock transaction (tax withholding). |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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