Form 4: Alphatec General Counsel Sells Shares Under Pre-Arranged Trading Plan

Alphatec Holdings, Inc.'s General Counsel, Tyson Eliot Marshall, sold 1,500 shares of common stock for approximately $12.00 per share on July 10, 2025, pursuant to a Rule 10b5-1 trading plan.

Summary

• Tyson Eliot Marshall, General Counsel & Corporate Secretary of Alphatec Holdings, Inc. (ATEC), reported a sale of common stock.
• On July 10, 2025, Marshall sold 1,500 shares of ATEC common stock.
• The shares were sold at a weighted average price of $12.00 per share, with individual transactions ranging from $12.00 to $12.01.
• This transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which was adopted on March 14, 2025.
• Following this sale, Marshall beneficially owns 469,301 shares of Alphatec Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction under a pre-arranged plan, which is generally not indicative of strong positive or negative sentiment regarding the company's immediate prospects.

Positives

• The transaction was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale not based on immediate insider information.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived negatively by the market, though the amount is relatively small compared to total holdings.

Future Outlook

This Form 4 does not provide any forward-looking statements or guidance.

Industry Context

This Form 4 is a routine insider transaction filing and does not provide broader industry context or trends. Insider sales under 10b5-1 plans are common across industries for personal financial planning.

Comparison to Industry Standards

• This document is a standard insider transaction report (Form 4) and does not contain information for comparison to industry-specific financial or operational benchmarks.
• The transaction itself is a routine insider sale under a pre-arranged plan, which is a common practice for executives across publicly traded companies.

Corporate Governance

Related Party Transactions

• The sale of 1,500 shares of common stock by Tyson Eliot Marshall, an officer of Alphatec Holdings, Inc., constitutes a related party transaction.

Stakeholder Impact

• Shareholders: A minor dilution effect from the sale, but the pre-planned nature mitigates concerns about insider sentiment.

Key Dates

Recommendation

Keywords

Alphatec Holdings, ATEC, Form 4, insider trading, stock sale, Rule 10b5-1, Tyson Eliot Marshall, General Counsel, common stock