Form 4: Alphatec EVP Sells Shares Under 10b5-1 Plan

Alphatec Holdings, Inc.'s EVP of Sales, David Sponsel, sold 21,106 shares of common stock at a weighted average price of $20.79 per share, executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

• David Sponsel, Executive Vice President of Sales at Alphatec Holdings, Inc. (ATEC), reported the sale of 21,106 shares of the company's common stock.
• The transaction occurred on December 10, 2025.
• The shares were sold at a weighted average price of $20.79 per share, with individual transaction prices ranging from $20.54 to $20.98.
• This sale was conducted pursuant to a Rule 10b5-1 trading plan, which Mr. Sponsel adopted on June 12, 2025.
• Following this transaction, Mr. Sponsel directly beneficially owns 439,767 shares of Alphatec Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral. The sale is a routine insider transaction executed under a pre-arranged 10b5-1 plan, which typically reduces the negative signal often associated with insider sales. It's neither overtly positive nor negative for the company's operational outlook.

Negatives

• An executive selling a significant number of shares, even under a pre-arranged plan, could be perceived negatively by some market participants, potentially raising questions about management's long-term confidence, though the 10b5-1 plan mitigates this concern.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May interpret the sale as a slight negative signal, though the execution under a Rule 10b5-1 plan generally mitigates concerns about opportunistic selling based on undisclosed information.

Key Dates

Keywords

Alphatec Holdings, ATEC, David Sponsel, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Executive Compensation, Common Stock