Form 4: Alphatec Holdings Director Demski Receives Stock Grant

Director David M. Demski of Alphatec Holdings, Inc. received 16,747 restricted stock units on June 12, 2024, according to a recent SEC filing.

Summary

• On June 12, 2024, David M. Demski, a director of Alphatec Holdings, Inc., was granted 16,747 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of Alphatec Holdings' common stock.
• The RSUs vest on the earlier of the next annual meeting of stockholders or the death or resignation of Demski.
• In the event of death or resignation, the grant will vest pro-rata based on the number of days served from the grant date, divided by 365.
• Following the transaction, Demski beneficially owns 198,441 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule provides an incentive for continued service.

Future Outlook

The vesting of the restricted stock units is contingent upon future events, specifically the next annual meeting of stockholders or the director's continued service.

Industry Context

Grants of restricted stock units are a common form of executive compensation in the corporate world, aligning management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the grant positively as it aligns the director's interests with the company's performance.
• The director benefits from the potential future value of the stock units.

Key Dates