Form 4: Alphatec Holdings Director Jeffrey Rydin Granted 15,131 Restricted Stock Units
Insider Transaction Report
Alphatec Holdings, Inc. Director Jeffrey P. Rydin was granted 15,131 restricted stock units (RSUs) on June 11, 2025, as part of his compensation, which will vest upon the earlier of the next annual meeting or his death or resignation.
Summary
- Jeffrey P. Rydin, a Director of Alphatec Holdings, Inc. (ATEC), was granted 15,131 restricted stock units (RSUs) on June 11, 2025.
- Each RSU represents a contingent right to receive one share of the company's common stock.
- The RSUs were granted at a price of $0, indicating they are part of compensation.
- Following this transaction, Mr. Rydin beneficially owns 585,441 shares of common stock directly.
- The RSUs will vest on the earlier of the next annual meeting of stockholders or Mr. Rydin's death or resignation.
- In case of death or resignation, the grant will vest pro-rata based on the number of days served from the grant date, divided by 365.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. It's a routine compensation grant, which is expected and aligns director interests with shareholders, but doesn't indicate new strategic initiatives or significant financial performance changes.
Positives
- The grant of restricted stock units aligns the director's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
- It represents a standard form of non-cash compensation for board members, indicating ongoing commitment to retaining experienced leadership.
Negatives
- The grant of RSUs, while common, can lead to dilution of existing shares upon vesting, although the amount is relatively small in this context.
Future Outlook
The restricted stock units are designed to vest on the earlier of the next annual meeting of stockholders or the reporting person's death or resignation, providing a future incentive structure.
Industry Context
This transaction is a routine insider filing, common in the medical technology and healthcare industry, where equity grants are a standard component of executive and director compensation packages to align interests with long-term company performance.
Related Party Transactions
- The grant of 15,131 restricted stock units to Jeffrey P. Rydin, a director of Alphatec Holdings, Inc., constitutes a related party transaction as it involves compensation from the company to a member of its board.
Stakeholder Impact
- Shareholders: The grant aligns the director's interests with shareholders, potentially encouraging long-term value creation. However, it also represents potential future dilution upon vesting.
- Employees: No direct impact on general employees is indicated.
- Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated.
Next Steps
- The restricted stock units will vest on the earlier of the next annual meeting of stockholders or the death/resignation of Jeffrey P. Rydin.
Key Dates
| Date | Description |
|---|---|
| 06/11/2025 | Date of grant of 15,131 restricted stock units to Jeffrey P. Rydin. |
| 06/13/2025 | Date the Form 4 was signed by the attorney-in-fact for Jeffrey P. Rydin. |
| Next Annual Meeting of Stockholders | Earliest potential vesting date for the restricted stock units. |
Keywords
Alphatec Holdings, ATEC, Jeffrey P. Rydin, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, SEC Form 4, Equity Grant, Stock Ownership
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