---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-087271"
form_type: "8-K"
ticker: null
cik: "0001531978"
company_name: "Paragon 28, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:53:32.670461+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Paragon 28 appoints new CFO, reports Q2 revenue $61.0M (+19.6%), narrows FY24 guidance

## Summary
- Appointed Chadi Chahine as CFO and EVP of Supply Chain Operations; Kristina Wright returns to Board.
- Q2 2024 revenue $61.0M, +19.6% YoY; net loss $13.8M; adjusted EBITDA loss $3.0M vs. $5.4M YoY.
- Operational efficiency: ~7% workforce reduction, up to $8M annualized savings, ~$1M severance.
- Narrowed 2024 revenue guidance to $249M-$255M (15.1%-17.8% growth).
- CEO forfeits salary increase and 2024 bonus; other executives cap bonuses at 50%.

## SEC filing metadata
- accession: 0001104659-24-087271
- form_type: 8-K
- cik: 0001531978
- company_name: Paragon 28, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1531978/000110465924087271/0001104659-24-087271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1531978/000110465924087271/tm2421069d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-087271
- JSON: https://secwatch.observer/filing/0001104659-24-087271.json
- Plain text: https://secwatch.observer/filing/0001104659-24-087271.txt

## Key facts
- Executive change
  Chadi Chahine was appointed as Chief Financial Officer and EVP of Supply Chain Operations at Paragon 28, Inc..
  - Action: appointed
  - Role: Chief Financial Officer and EVP of Supply Chain Operations
  source text: Effective August 5, 2024, Chadi Chahine, age 51, has been appointed as Chief Financial Officer (“CFO”) and EVP of Supply Chain Operations of Paragon 28.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1531978/000110465924087271/0001104659-24-087271-index.htm
- Executive change
  Kristina Wright changed role as Interim Chief Financial Officer at Paragon 28, Inc..
  - Action: stepped down
  - Role: Interim Chief Financial Officer
  source text: Kristina Wright has concurrently stepped down as Interim Chief Financial Officer and will continue as a member of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1531978/000110465924087271/0001104659-24-087271-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.