Form 4: Alphatec Holdings Director Bakst Increases Stake with $202,950 Purchase

Director Evan Bakst of Alphatec Holdings, Inc. [ATEC] recently acquired 15,000 shares of common stock at an average price of $13.53, increasing his holdings.

Summary

• On March 14, 2024, Evan Bakst, a director of Alphatec Holdings, Inc. [ATEC], purchased 15,000 shares of common stock.
• The shares were acquired at a weighted average price of $13.53 per share, with individual transactions ranging from $13.50 to $13.55.
• Following the transaction, Bakst directly owns 1,089,038 shares and indirectly owns 15,000 shares through The DEB Children's Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's not necessarily a strong indicator of future performance.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The stock purchase could have a minor positive impact on shareholder sentiment.

Key Dates