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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1531978	Paragon 28 Inc.	FNA	Surgical & Medical Instruments & Apparatus (3841)	273170186

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1947083	Mvm Partners, Llc	45 School Street Boston MA 02108		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2025-01-27	27,142	$11.62	10,313,841	No	4	S	Indirect	See footnotes
Common Stock	Disposition	2025-01-28	84,323	$11.94	10,229,518	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Footnotes

Consists of (i) 5,350,592 shares of common stock owned by MVM V (2020) LP; (ii) 4,798,028 shares of common stock held by MVM V LP; and (iii) 165,221 shares of common stock held by MVM GP (No. 5) LP.
Consists of (i) 5,350,592 shares of common stock owned by MVM V (2020) LP; (ii) 4,720,257 shares of common stock held by MVM V LP; and (iii) 158,669 shares of common stock held by MVM GP (No. 5) LP.
The reporting person is the current manager of MVM V LP, MVM V (2020) LP and MVM GP (No.5) LP.
The reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, if any, and this Form 4 shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.