Form 4: Alphatec COO Sells 10,875 Shares Under 10b5-1 Plan

Alphatec Holdings, Inc.'s Chief Operating Officer, Scott Lish, sold 10,875 shares of common stock at a weighted average price of $21.47 as part of a pre-arranged trading plan.

Summary

• Scott Lish, Chief Operating Officer of Alphatec Holdings, Inc. (ATEC), reported a sale of common stock.
• The transaction involved the disposition of 10,875 shares.
• The shares were sold at a weighted average price of $21.47 per share, with individual transaction prices ranging from $21.32 to $21.63.
• The sale was executed on December 5, 2025.
• Following this transaction, Mr. Lish beneficially owns 661,332 shares of Alphatec common stock directly.
• The transaction was made pursuant to a Rule 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider stock sale under a Rule 10b5-1 plan, which is generally considered neutral in terms of company sentiment as it's not typically indicative of new positive or negative company developments.

Positives

• The transaction was conducted under a Rule 10b5-1 pre-arranged trading plan, indicating a scheduled sale rather than a reaction to recent non-public information, which enhances transparency and reduces concerns about insider trading.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived by the market as a lack of confidence, although this is often mitigated by the 10b5-1 plan.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Stakeholder Impact

• Shareholders: May observe a minor increase in shares available on the market, but the impact is likely minimal given the pre-planned nature and relatively small volume.

Key Dates

Keywords

Alphatec Holdings, ATEC, Scott Lish, Chief Operating Officer, Insider Sale, Form 4, Stock Transaction, 10b5-1 Plan, Common Stock