Form 4: Alphatec Director Sells 250,000 Shares

Jennifer N. Pritzker, a Director and 10% Owner of Alphatec Holdings, Inc., sold 250,000 shares of common stock for approximately $5.15 million.

Summary

• Jennifer N. Pritzker, a Director and 10% Owner of Alphatec Holdings, Inc. (ATEC), reported the sale of 250,000 shares of common stock.
• The transaction occurred on November 24, 2025, at a weighted average price of $20.62 per share.
• The total value of the shares sold amounts to approximately $5,155,000.
• The shares were sold in multiple transactions at prices ranging from $20.34 to $20.79.
• Following this transaction, Jennifer N. Pritzker beneficially owns a total of 13,715,781 shares, comprising 58,000 directly and 13,657,781 indirectly through various entities and trusts.

Sentiment

Score: 3

Explanation: The sentiment is moderately negative due to a significant insider sale by a director and 10% owner, which can be interpreted as a bearish signal for the stock.

Negatives

• A Director and 10% Owner selling a significant number of shares (250,000) can be perceived as a negative signal by the market, potentially indicating a lack of confidence or a desire to diversify holdings.

Risks

• Insider selling, especially by a significant shareholder and director, may lead to negative market sentiment and potential downward pressure on the stock price.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends. It reflects a specific action by a key stakeholder within Alphatec Holdings, Inc.

Related Party Transactions

• The filing details various indirect beneficial ownership structures involving entities like Squadron Capital LLC, Pritzker Military Foundation, Tawani Foundation, Tawani Holdings LLC, Pritzker Military Museum and Library, and Mary's Go Round LLC, where the reporting person holds significant influence or is a member/manager/trustee. These represent related party holdings.

Stakeholder Impact

• Shareholders may view the insider sale as a negative indicator, potentially leading to decreased investor confidence and downward pressure on the stock price.

Key Dates

Recommendation

While a significant insider sale by a director and 10% owner is generally a negative signal, this single transaction alone does not warrant an immediate 'sell' recommendation without further analysis of the company's fundamentals, broader market conditions, and the insider's specific reasons for selling (e.g., diversification, liquidity needs). Investors should 'hold' and monitor for additional insider activity or company-specific news.

Keywords

Alphatec Holdings, ATEC, Insider Sale, Form 4, Jennifer N. Pritzker, Stock Transaction, Director Selling, 10% Owner