Form 4: Alphatec Holdings Director Granted Over 15,000 Restricted Stock Units

Alphatec Holdings, Inc. director Ward W. Woods Jr. was granted 15,131 restricted stock units, aligning his interests with shareholders.

Summary

• Ward W. Woods Jr., a Director of Alphatec Holdings, Inc. (ATEC), was granted 15,131 restricted stock units (RSUs) on June 11, 2025.
• Each restricted stock unit represents a contingent right to receive one share of Alphatec's common stock.
• The RSUs will vest on the earlier of the next annual meeting of stockholders or the death or resignation of the reporting person.
• In the event of death or resignation, the grant will vest pro-rata based on the number of actual days served from the grant date divided by 365.
• Following this transaction, Mr. Woods beneficially owns 154,291 shares of common stock directly and 2,056,311 shares indirectly through The Woods 1994 Family Partnership, LP.

Sentiment

Score: 6

Explanation: The grant of equity to a director is generally a neutral to slightly positive event, as it aligns the director's financial interests with the long-term performance of the company and its shareholders.

Positives

• The grant of restricted stock units to a director helps align management and board interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The vesting schedule encourages continued service and commitment from the director.

Future Outlook

The restricted stock units are set to vest on the earlier of the next annual meeting of stockholders or the director's death or resignation, with pro-rata vesting in the latter case.

Industry Context

The granting of restricted stock units to directors is a common practice in the medical technology and broader corporate sectors to compensate board members and align their long-term interests with company performance and shareholder value.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a form of director compensation is a standard practice across various industries, including medical devices, as it ties compensation directly to the company's equity performance.
• The vesting conditions, which include service-based vesting (until the next annual meeting or resignation) and pro-rata vesting upon certain events, are typical for such equity grants to non-employee directors.

Corporate Governance

Related Party Transactions

• Ward W. Woods Jr. indirectly beneficially owns 2,056,311 shares of common stock through The Woods 1994 Family Partnership, LP, which is a related party.

Stakeholder Impact

• Shareholders: The grant aligns the director's interests with shareholders, potentially leading to decisions that enhance long-term stock value.
• Employees: No direct impact on employees mentioned in this filing.

Next Steps

• The restricted stock units will vest on the earlier of the next annual meeting of stockholders or the death/resignation of the reporting person.

Key Dates

Recommendation

Keywords

Alphatec Holdings, ATEC, Form 4, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Beneficial Ownership, Equity Grant