Form 4: Alphatec Holdings COO Scott Lish Sells Shares to Cover Tax Obligations

Alphatec Holdings' Chief Operating Officer, Scott Lish, sold 27,994 shares of common stock on March 10, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On March 10, 2025, Scott Lish, the Chief Operating Officer of Alphatec Holdings, Inc., sold 27,994 shares of common stock.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 14, 2022, and amended on August 10, 2023.
• The purpose of the sale was to satisfy tax withholding obligations arising from the vesting of restricted stock units.
• The shares were sold at a weighted average price of $9.72, with individual transactions ranging from $9.45 to $10.35.
• Following the transaction, Lish directly owns 816,500 shares of Alphatec Holdings, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan to cover tax obligations. It doesn't necessarily indicate a positive or negative outlook on the company's performance.

Industry Context

Insider sales are a common occurrence, especially when tied to pre-arranged trading plans like Rule 10b5-1. These plans allow insiders to sell shares at predetermined times and prices, often to cover tax obligations or diversify their holdings. The market typically views these sales as less significant than discretionary sales, as they are planned in advance.

Stakeholder Impact

• The sale may have a minimal impact on shareholders, as it was a planned transaction to cover tax obligations and not a reflection of the COO's sentiment on the company's future prospects.

Key Dates