Form 4: Alphatec Director Mortimer Berkowitz III Receives RSU Grant

Alphatec Holdings director Mortimer Berkowitz III was granted 32,012 restricted stock units as part of his compensation.

Summary

• Director Mortimer Berkowitz III received a grant of 32,012 restricted stock units (RSUs) on June 10, 2026.
• Each RSU represents a contingent right to receive one share of Alphatec Holdings common stock.
• The RSUs vest on the earlier of the next annual meeting of stockholders or the director's death or resignation.
• Following this transaction, the director's direct beneficial ownership increased to 650,062 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation that carries no significant market-moving implications.

Positives

• The grant aligns the director's interests with those of shareholders through equity-based compensation.

Negatives

• The issuance of additional equity units results in potential future dilution for existing shareholders.

Risks

• Vesting is subject to the director's continued service or specific termination events, which could impact the final number of shares issued.

Future Outlook

The RSUs are scheduled to vest at the next annual meeting of stockholders, indicating a standard annual equity compensation cycle for board members.

Management Comments

• The reporting person disclaims beneficial ownership of shares held by trusts, except to the extent of his pecuniary interest.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the medical device sector to ensure board alignment with long-term company performance.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices among mid-cap medical technology companies.
• The vesting schedule tied to the annual meeting is a common benchmark for board-level equity awards.

Related Party Transactions

• The reporting person is a trustee for four separate family trusts, each holding 146,575 shares of common stock.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual vesting and conversion of these RSUs into common stock.

Next Steps

• Vesting of the 32,012 RSUs at the next annual meeting of stockholders.

Key Dates

Keywords

Alphatec Holdings, ATEC, Form 4, Insider Transaction, Restricted Stock Units, Director Compensation