Presidio Management Group XII, L.L.C. - 24 Jul 2025 Form 4 Insider Report for CARLSMED, INC.

Reporting relationship: 10%+ Owner
Issuer ticker: CARL on Nasdaq
Reported as of: 24 Jul 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Jul 2025, 20:47:16 UTC
Prior SEC filing: 22 Jul 2025
Next SEC filing: 07 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Dale Holladay, Authorized Signatory on behalf of Presidio Management Group

Filing notes and source

Key filing fact

Presidio Management Group XII, L.L.C. filed Form 4 for CARLSMED, INC. on 24 Jul 2025.

Key facts

This page summarizes Presidio Management Group XII, L.L.C.'s Form 4 filing for CARLSMED, INC..
14 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 24 Jul 2025, 20:47.

Change

Previous filing in this sequence was filed on 22 Jul 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0001734820 Primary reporting owner

Presidio Management Group XII, L.L.C.

Relationship: 10%+ Owner
Address: C/O U.S. VENTURE PARTNERS, 1460 EL CAMINO REAL, SUITE 100, MENLO PARK
Signature: /s/ Dale Holladay, Authorized Signatory on behalf of Presidio Management Group
Signature date: 24 Jul 2025

CIK 0001734819

U.S. Venture Partners XII, L.P.

Relationship: 10%+ Owner
Address: 1460 EL CAMINO REAL, SUITE 100, MENLO PARK
Signature: /s/ Dale Holladay, Authorized Signatory on behalf of U.S. Venture Partners XII, L.P.
Signature date: 24 Jul 2025

CIK 0001474322

Tansey Casey M

Relationship: 10%+ Owner
Address: 1460 EL CAMINO REAL, SUITE 100, MENLO PARK
Signature: /s/ Dale Holladay, Attorney-in-Fact for Casey M. Tansey
Signature date: 24 Jul 2025

This filing has been restated. Open the amended filing.

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CARL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +2,948,794
Change %
Price
Shares after: 2,948,794
Date: 24 Jul 2025
Ownership: See footnote
Footnotes: F1, F2, F3, F4

CARL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +825,135
Change %: +28%
Price
Shares after: 3,773,929
Date: 24 Jul 2025
Ownership: See footnote
Footnotes: F1, F2, F3, F4

CARL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +531,877
Change %: +14%
Price
Shares after: 4,305,806
Date: 24 Jul 2025
Ownership: See footnote
Footnotes: F1, F2, F3, F4

CARL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +149,655
Change %
Price
Shares after: 149,655
Date: 24 Jul 2025
Ownership: See footnote
Footnotes: F1, F3, F4, F5

CARL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +41,876
Change %: +28%
Price
Shares after: 191,531
Date: 24 Jul 2025
Ownership: See footnote
Footnotes: F1, F3, F4, F5

CARL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +26,993
Change %: +14%
Price
Shares after: 218,524
Date: 24 Jul 2025
Ownership: See footnote
Footnotes: F1, F3, F4, F5

CARL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +1,117,743
Change %
Price
Shares after: 1,117,743
Date: 24 Jul 2025
Ownership: See footnote
Footnotes: F1, F3, F4, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CARL transaction Derivative

Preferred Series A Stock

Conversion of derivative security

Transaction value: $0
Shares: -2,948,794
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jul 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 2,948,794
Exercise price
Footnotes: F1, F2, F3, F4

CARL transaction Derivative

Preferred Series B Stock

Conversion of derivative security

Transaction value: $0
Shares: -825,135
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jul 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 825,135
Exercise price
Footnotes: F1, F2, F3, F4

CARL transaction Derivative

Preferred Series C Stock

Conversion of derivative security

Transaction value: $0
Shares: -531,877
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jul 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 531,877
Exercise price
Footnotes: F1, F2, F3, F4

CARL transaction Derivative

Preferred Series A Stock

Conversion of derivative security

Transaction value: $0
Shares: -149,655
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jul 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 149,655
Exercise price
Footnotes: F1, F3, F4, F5

CARL transaction Derivative

Preferred Stock Series B

Conversion of derivative security

Transaction value: $0
Shares: -41,876
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jul 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 41,876
Exercise price
Footnotes: F1, F3, F4, F5

CARL transaction Derivative

Preferred Series C Stock

Conversion of derivative security

Transaction value: $0
Shares: -26,993
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jul 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 26,993
Exercise price
Footnotes: F1, F3, F4, F5

CARL transaction Derivative

Preferred Series C Stock

Conversion of derivative security

Transaction value: $0
Shares: -1,117,743
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jul 2025
Ownership: See footnotes
Underlying class: Common Stock
Underlying amount: 1,117,743
Exercise price
Footnotes: F1, F3, F4, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

These shares of preferred stock are reported after giving effect to the 1-for-5.58 reverse split of the Issuer's common and preferred stock effected on July 10, 2025 (the "Reverse Split"). Each share of Series A Preferred Stock, Series B Preferred Stock, and Series C Preferred Stock is convertible into one share of the Issuer's common stock immediately prior to the closing of the Issuer's initial public offering. These shares are reported in Table II above on an as-converted 1-to-1 basis with no additional consideration and have no expiration date.

Footnote F2

Stock held by U.S. Venture Partners XII, L.P. ("USVP XII").

Footnote F3

Presidio Management Group XII, L.L.C ("PMG XII") is the general partner of USVP XII and U.S. Venture Partners XII-A, L.P. ("USVP XII-A", and together with USVP XII, the "USVP XII Funds"). Presidio Management Group Select Fund I, L.L.C ("PMG SFI", and, together with USVP XII, USVP XII-A, U.S. Venture Partners Select Fund I, L.P. ("USVP SFI"), U.S. Venture Partners Select Fund I-A, L.P. ("USVP SFI-A"), and PMG XII, "USVP") is the general partner of USVP SFI and USVP SFI-A. PMG XII and PMG SFI may be deemed to share voting and dispositive power over the stock held by USVP.

Footnote F4

Each of Jonathan D. Root, Richard W. Lewis, Dafina Toncheva and Steven M. Krausz, are managing members of PMG XII, who may be deemed to share voting and dispositive power over the reported securities held by the USVP XII Funds. In addition, Casey M. Tansey is the managing partner of PMG XII and may be deemed to share voting and dispositive power over the reported securities held by the USVP XII Funds. Each such persons and entities disclaim beneficial ownership of the reported securities held by the USVP XII Funds, except to the extent of any pecuniary interest therein.

Footnote F5

Stock Held by USVP XII-A.

Footnote F6

Stock held by USVP SFI, on its own behalf and as nominee for USVP SFI-A.

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