Form 4: Alphatec Director Sells 250,000 Shares

Alphatec Holdings, Inc. Director and 10% owner Jennifer N. Pritzker sold 250,000 shares of common stock for approximately $5.2 million.

Summary

• Jennifer N. Pritzker, a Director and 10% owner of Alphatec Holdings, Inc. (ATEC), reported the sale of common stock.
• On November 12, 2025, Pritzker sold 250,000 shares of Alphatec common stock.
• The shares were sold at a weighted average price of $20.8 per share, with individual transaction prices ranging from $20.67 to $21.07.
• The total value of the transaction is approximately $5,200,000.
• Following the transaction, Pritzker directly beneficially owns 11,145,045 shares of common stock.
• Pritzker also indirectly beneficially owns shares through various entities, including Squadron Capital LLC (58,000 shares), spouse (11,931 shares), Pritzker Military Foundation (8,000 shares), Tawani Foundation (6,000 shares), Tawani Holdings LLC (2,725,805 shares), Pritzker Military Museum and Library (1,000 shares), and Mary's Go Round LLC (10,000 shares).
• Pritzker expressly disclaims beneficial ownership of indirectly held shares, except to the extent of her pecuniary interest therein.

Sentiment

Score: 4

Explanation: The sale of a substantial number of shares by a director and 10% owner, while a routine disclosure, can be perceived by the market as a signal of reduced confidence, potentially leading to slightly negative sentiment.

Negatives

• A significant sale of 250,000 shares by a Director and 10% owner could be interpreted by the market as a lack of confidence in the company's near-term prospects.

Risks

• Potential negative market perception due to insider selling, which could put downward pressure on the stock price.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction report does not provide specific industry context, but insider selling can sometimes be a signal watched by investors within the medical technology or orthopedic device industry, where Alphatec operates.

Stakeholder Impact

• Shareholders may view the sale by a significant insider as a potential signal of reduced confidence in the company's future performance, which could influence their investment decisions.

Key Dates

Keywords

Alphatec Holdings, ATEC, Jennifer Pritzker, Insider Sale, Form 4, Stock Transaction, 10% Owner