Form 4: Alphatec COO Sells 19,900 Shares Under 10b5-1 Plan

Alphatec Holdings, Inc.'s Chief Operating Officer, Scott Lish, sold 19,900 shares of common stock for a weighted average price of $19.64 per share under a pre-arranged trading plan.

Summary

• Scott Lish, Chief Operating Officer of Alphatec Holdings, Inc. (ATEC), reported a sale of common stock.
• A total of 19,900 shares were sold on December 16, 2025.
• The shares were sold at a weighted average price of $19.64 per share, with individual transaction prices ranging from $19.34 to $19.98.
• This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lish on March 14, 2025.
• Following the reported transaction, Mr. Lish beneficially owns 641,432 shares of Alphatec Holdings, Inc. common stock directly.

Sentiment

Score: 5

Explanation: The transaction represents a pre-scheduled sale of shares by a corporate officer under a Rule 10b5-1 trading plan, which is generally considered a neutral event as it does not typically reflect new information about the company's performance or prospects.

Negatives

• An insider sale, even if planned, reduces the officer's direct equity stake in the company.

Future Outlook

There are no forward-looking statements or guidance provided in this filing.

Industry Context

This insider transaction is a routine disclosure and does not inherently reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but mitigated by the pre-planned nature of the sale under a 10b5-1 plan.

Key Dates

Keywords

Alphatec Holdings Inc., ATEC, Scott Lish, Chief Operating Officer, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Beneficial Ownership