secwatch / observer
8-K filed April 21, 2025, 7:59 PM ET CIK 0001531978
M&A confidence high sentiment neutral materiality 1.00

Paragon 28, Inc.: M&A transaction — Paragon 28 acquired by Zimmer Biomet for $13.00/sh plus contingent value right

Paragon 28, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Albert DaCosta

Other Named Officer
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
Departed

Chadi Chahine

Chief Financial Officer and EVP of Supply Chain Operations
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
On April 17, 2025, Chadi Chahine delivered a letter of resignation to the Company and Parent to notify the Company and Parent of his decision to resign as Chief Financial Officer and EVP of Supply Chain Operations of the Company, effective upon the consummation of the Merger.
Departed

Robert McCormack

Other Named Officer
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
Departed

Andrew Hill

Other Named Officer
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
Departed

Stephen Oesterle

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Departed

Quentin Blackford

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Departed

Megan Scanlon

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Appointed

Paul Stellato

Other Named Officer
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
At the Effective Time, Mark Bezjak, Suketu Upadhyay and Paul Stellato became officers of the Surviving Corporation.
Appointed

Suketu Upadhyay

Other Named Officer
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
At the Effective Time, Mark Bezjak, Suketu Upadhyay and Paul Stellato became officers of the Surviving Corporation.
Departed

B. Kris Johnson

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Departed

Matthew Jarboe

Other Named Officer
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
Departed

Albert DaCosta

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Departed

Krissy Wright

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Departed

Dave Demski

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Appointed

Mark Bezjak

Other Named Officer
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
At the Effective Time, Mark Bezjak, Suketu Upadhyay and Paul Stellato became officers of the Surviving Corporation.
Departed

Alf Grunwald

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
Departed

Tom Schnettler

Director
Paragon 28, Inc.
Effective
2025-04-21
Filed
April 21, 2025, 7:59 PM ET
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Albert DaCosta departed as other_named_officer at Paragon 28, Inc..

Action
ceased
Exact text from the filing
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Chadi Chahine resigned as Chief Financial Officer and EVP of Supply Chain Operations at Paragon 28, Inc..

Action
resigned
Role
Chief Financial Officer and EVP of Supply Chain Operations
Exact text from the filing
On April 17, 2025, Chadi Chahine delivered a letter of resignation to the Company and Parent to notify the Company and Parent of his decision to resign as Chief Financial Officer and EVP of Supply Chain Operations of the Company, effective upon the consummation of the Merger.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Robert McCormack departed as other_named_officer at Paragon 28, Inc..

Action
ceased
Exact text from the filing
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Hill departed as other_named_officer at Paragon 28, Inc..

Action
ceased
Exact text from the filing
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Oesterle departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Quentin Blackford departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Megan Scanlon departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Stellato was appointed as other_named_officer at Paragon 28, Inc..

Action
appointed
Exact text from the filing
At the Effective Time, Mark Bezjak, Suketu Upadhyay and Paul Stellato became officers of the Surviving Corporation.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Suketu Upadhyay was appointed as other_named_officer at Paragon 28, Inc..

Action
appointed
Exact text from the filing
At the Effective Time, Mark Bezjak, Suketu Upadhyay and Paul Stellato became officers of the Surviving Corporation.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

B. Kris Johnson departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Jarboe departed as other_named_officer at Paragon 28, Inc..

Action
ceased
Exact text from the filing
In connection with the consummation of the Merger, each of Albert DaCosta, Chadi Chahine, Matthew Jarboe, Robert McCormack and Andrew Hill ceased to be an executive officer of the Company as of the Effective Time.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Albert DaCosta departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Krissy Wright departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Dave Demski departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Bezjak was appointed as other_named_officer at Paragon 28, Inc..

Action
appointed
Exact text from the filing
At the Effective Time, Mark Bezjak, Suketu Upadhyay and Paul Stellato became officers of the Surviving Corporation.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Alf Grunwald departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Tom Schnettler departed as Director at Paragon 28, Inc..

Action
ceased
Role
Director
Exact text from the filing
Upon the consummation of the Merger, each of Albert DaCosta, Quentin Blackford, Dave Demski, Alf Grunwald, B. Kris Johnson, Stephen Oesterle, Megan Scanlon, Tom Schnettler and Krissy Wright ceased to be a member of the board of directors of the Company.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Paragon 28, Inc.: Amended and restated certificate of incorporation of surviving corporation at effective time of merger.

Change
charter amendment
Exact text from the filing
At the Effective Time, the certificate of incorporation of the Surviving Corporation was amended and restated in the form set forth as Exhibit B to the Merger Agreement.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Paragon 28, Inc.: Amended and restated bylaws of surviving corporation to be substantially identical to Merger Sub's bylaws.

Change
bylaw amendment
Exact text from the filing
At the Effective Time, the bylaws of the Company were amended and restated to be substantially identical to the bylaws of Merger Sub as in effect immediately prior to the Effective Time.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.98

Paragon 28, Inc. underwent a change of control involving Zimmer Biomet Holdings, Inc. for $13.00 in cash and one contingent value right (closed 2025-04-21).

Action
change of control
Counterparty
Zimmer Biomet Holdings, Inc.
Consideration
$13.00 in cash and one contingent value right
Closing
2025-04-21
Exact text from the filing
of Gazelle Merger Sub I, Inc., a Delaware corporation (“ Merger Sub ”), a wholly owned subsidiary of Zimmer, Inc., a Delaware corporation (“ Parent ”), and a wholly owned indirect subsidiary of Zimmer Biomet Holdings, Inc. (“ Zimmer Biomet ”), with and into the Company (the “ Merger ”), with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent and a wholly owned indirect subsidiary of Zimmer
View on SEC.gov

83 governance changes filed in the last 30 days. Browse all governance changes →

Source: SEC EDGAR
accession 0000950157-25-000330
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