Form 4: Alphatec Holdings Director Keith Valentine Acquires 39,000 Shares
SEC Form 4 Filing
Director Keith Valentine of Alphatec Holdings, Inc. purchased 39,000 shares of common stock at an average price of $6.55 on August 2, 2024.
Summary
- On August 2, 2024, Keith Valentine, a director of Alphatec Holdings, Inc. (ATEC), acquired 39,000 shares of common stock.
- The shares were purchased at a weighted average price of $6.55, with individual prices ranging from $6.43 to $6.69.
- Following the transaction, Valentine directly owns 82,140 shares of Alphatec Holdings, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. Insider buying can be interpreted as a sign of confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
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
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide investors with insights into the actions of company insiders, such as directors and officers, regarding their company's stock.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of transaction: Keith Valentine purchased 39,000 shares of ATEC. |
| 08/05/2024 | Date of report filing. |
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