Form 4: Alphatec Holdings Director, Karen K McGinnis, Receives Restricted Stock Units

Karen K McGinnis, a director at Alphatec Holdings, was granted 16,747 restricted stock units on June 12, 2024.

Summary

• On June 12, 2024, Karen K McGinnis, a director of Alphatec Holdings, Inc., received 16,747 restricted stock units (RSUs).
• Each RSU represents the 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 the reporting person.
• In the event of death or resignation, the grant will vest pro-rata based on the number of days served from the grant date.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of RSUs is a standard practice and aligns the director's interests with shareholders. There are no immediate negative implications.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.

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 healthcare industry, aligning management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's performance.

Key Dates