PRESIDIO MANAGEMENT GROUP XII, L.L.C. reported 7 transactions at CARLSMED, INC.

Review the transaction codes below to understand the nature of each event.

PRESIDIO MANAGEMENT GROUP XII, L.L.C.

Filed: 7/24/2025ACC: 0001415889-25-020276

InsiderPRESIDIO MANAGEMENT GROUP XII, L.L.C.CIK 1734820

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IssuerCARLSMED, INC.CIK 1794546

10% Owner

Since Jul 2025

0.00

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

5.64M acquired · 5.64M disposed

Non-Derivative Transactions7

Common Stock

Indirect

C · Conversion

+2.95M

Price / share

—

Trade value

—

% of position

New position

7/24/2025

0.00→2.95M

Common Stock

Indirect

C · Conversion

+825.13K

Price / share

—

Trade value

—

% of position

28.0%

7/24/2025

2.95M→3.77M

Common Stock

Indirect

C · Conversion

+531.88K

Price / share

—

Trade value

—

% of position

14.1%

7/24/2025

3.77M→4.31M

Common Stock

Indirect

C · Conversion

+149.66K

Price / share

—

Trade value

—

% of position

New position

7/24/2025

0.00→149.66K

Common Stock

Indirect

C · Conversion

+41.88K

Price / share

—

Trade value

—

% of position

28.0%

7/24/2025

149.66K→191.53K

Common Stock

Indirect

C · Conversion

+26.99K

Price / share

—

Trade value

—

% of position

14.1%

7/24/2025

191.53K→218.52K

Common Stock

Indirect

C · Conversion

+1.12M

Price / share

—

Trade value

—

% of position

New position

7/24/2025

0.00→1.12M

Total

Net shares

+5.64M

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	7/24/2025	C · Conversion	+2.95M	—	—	New position	0.00	2.95M
Common Stock Indirect	7/24/2025	C · Conversion	+825.13K	—	—	28.0%	2.95M	3.77M
Common Stock Indirect	7/24/2025	C · Conversion	+531.88K	—	—	14.1%	3.77M	4.31M
Common Stock Indirect	7/24/2025	C · Conversion	+149.66K	—	—	New position	0.00	149.66K
Common Stock Indirect	7/24/2025	C · Conversion	+41.88K	—	—	28.0%	149.66K	191.53K
Common Stock Indirect	7/24/2025	C · Conversion	+26.99K	—	—	14.1%	191.53K	218.52K
Common Stock Indirect	7/24/2025	C · Conversion	+1.12M	—	—	New position	0.00	1.12M
Total			+5.64M		$0.00

Derivative Transactions7

Preferred Series A Stock

Indirect

C · Conversion

Converts to

Common Stock

2.95M shares

−2.95M

Strike price

Held after

0.00

Exercisable

—

7/24/2025

Preferred Series B Stock

Indirect

C · Conversion

Converts to

Common Stock

825.13K shares

−825.13K

Strike price

Held after

0.00

Exercisable

—

7/24/2025

Preferred Series C Stock

Indirect

C · Conversion

Converts to

Common Stock

531.88K shares

−531.88K

Strike price

Held after

0.00

Exercisable

—

7/24/2025

Preferred Series A Stock

Indirect

C · Conversion

Converts to

Common Stock

149.66K shares

−149.66K

Strike price

Held after

0.00

Exercisable

—

7/24/2025

Preferred Stock Series B

Indirect

C · Conversion

Converts to

Common Stock

41.88K shares

−41.88K

Strike price

Held after

0.00

Exercisable

—

7/24/2025

Preferred Series C Stock

Indirect

C · Conversion

Converts to

Common Stock

26.99K shares

−26.99K

Strike price

Held after

0.00

Exercisable

—

7/24/2025

Preferred Series C Stock

Indirect

C · Conversion

Converts to

Common Stock

1.12M shares

−1.12M

Strike price

Held after

0.00

Exercisable

—

7/24/2025

Security	Converts To	Date	Type	Shares	Exercisable
Preferred Series A Stock Indirect	Common Stock2.95M shares	7/24/2025	C · Conversion	−2.95M	—
Preferred Series B Stock Indirect	Common Stock825.13K shares	7/24/2025	C · Conversion	−825.13K	—
Preferred Series C Stock Indirect	Common Stock531.88K shares	7/24/2025	C · Conversion	−531.88K	—
Preferred Series A Stock Indirect	Common Stock149.66K shares	7/24/2025	C · Conversion	−149.66K	—
Preferred Stock Series B Indirect	Common Stock41.88K shares	7/24/2025	C · Conversion	−41.88K	—
Preferred Series C Stock Indirect	Common Stock26.99K shares	7/24/2025	C · Conversion	−26.99K	—
Preferred Series C Stock Indirect	Common Stock1.12M shares	7/24/2025	C · Conversion	−1.12M	—