Form 4: Alphatec Holdings CFO John Todd Koning Sells Shares to Cover Tax Obligations

Alphatec Holdings CFO John Todd Koning sold 165,121 shares of common stock on March 10, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• John Todd Koning, the CFO of Alphatec Holdings, Inc., sold 165,121 shares of common stock on March 10, 2025.
• The sale was executed to satisfy tax withholding obligations resulting from the vesting of restricted stock units.
• The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on June 14, 2023, and amended on November 13, 2023.
• Following the sale, Koning directly owns 483,107 shares of Alphatec Holdings, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine stock sale by an executive to cover tax obligations, which is neither particularly positive nor negative.

Industry Context

Sales by company executives are a normal part of corporate governance. Often these sales are planned in advance to avoid any perception of insider trading. It is common for executives to sell shares to cover tax obligations related to vesting equity.

Stakeholder Impact

• The sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small volume of shares sold.

Key Dates