Sundar PichaiSundar Pichai earned $164M in 2023

Albert DaCosta has been the CEO of Paragon 28 since the company's inception in 2012. He holds a B.S. in Chemical Engineering from the University of Florida, which gives him a solid technical background in the medical device industry. With...

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Albert DaCosta

Founder and CEO of Paragon 28

Education

B.S. in Chemical Engineering from the University of Florida

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Healthcare

Born

January 1, 1974 - 51 years ago

CEO of Paragon 28 for

13 years 4 months (Jan 2012 - Present)

Previous Experience

Director of Biologics & Extremities for Wright Medical

Rivals

Competitors/colleagues of Albert DaCosta

Holdings

See how much did Albert DaCosta make over time.

Albert DaCosta has a significant holding in Paragon 28, owning 11,661,097 shares as of March 2023, which equates to about 14.05% of the company's stock. His holdings peaked during late 2022, hitting a value of approximately $136.5 million. However, this...

Total Stock Sold

$20.32M

FNA

$20.32M

1,210,000 FNA shares

What if they kept their stock?

If Albert DaCosta didn't sell their stock, today they would have:
Extra FNA1,210,000 shares worth $22.64M.
This is 11.44% and $2.32M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Albert DaCosta.

FNA

$255.23K

FNA at $9.12/share

Mar 15, 2024

Purchase

FNA

166,924 shares

FNA

Mar 8, 2024

Received

FNA

$259.56K

FNA at $8.51/share

Nov 10, 2023

Purchase

FNA

102,374 shares

FNA

Feb 28, 2023

Received

FNA

$2.55M

FNA at $17.00/share

Feb 17, 2023

Sale

FNA

$17.00M

FNA at $17.00/share

Jan 30, 2023

Sale

FNA

$585.42K

FNA at $19.51/share

Dec 1, 2022

Sale

FNA

206,246 shares

FNA

Oct 21, 2022

Received

FNA

206,246 shares

FNA

Oct 21, 2022

Received

FNA

$540.21K

FNA at $18.01/share

Sep 8, 2022

Sale

Compensation History

See how much did Albert DaCosta make over time.

In 2023, Albert DaCosta’s total compensation reached $3,232,420, with a base salary of $700,769 and a performance-based bonus of $667,400. His bonus was notably tied to specific performance metrics, making up a significant part of his overall pay. Besides this, DaCosta also received over $1.8 million in stock awards that contribute to his overall earning potential. His compensation structure reflects a focus on aligning his interests with the growth of Paragon 28. In 2022, his total compensation was even higher at $5,214,743, indicating a strong year for the company and highlighting the results-driven approach he advocates. This is significant in understanding leadership performance in the healthcare industry.

Year

2023

Total Compensation

$1.89M

Salary

$700.77K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain high caliber management, aligning executive compensation with company performance and stockholder interests.

Bonus

$667.40K

Board Justification

The annual cash bonus for 2023 was based on performance metrics including revenue achievement, with a payout equal to 94% of the target bonus opportunity.

Other

$31.76K

Board Justification

Other compensation includes contributions to the 401(k) plan and executive-level medical insurance.

Restricted Stock

$489.32K(51.56K RSU)

Board Justification

The stock awards that vested in 2023 were part of the long-term incentive compensation plan, with shares vesting based on continued service and performance metrics.

Performance Metrics

The performance metrics for determining the compensation included revenue achievement and adjusted free cash flow.