Form 4: Alphatec Holdings Director Pelizzon Increases Stake in Company

Director David R. Pelizzon reports acquisition of Alphatec Holdings shares through direct purchases and indirect holdings via Squadron Capital LLC.

Summary

• David R. Pelizzon, a director of Alphatec Holdings, Inc., has reported changes in his beneficial ownership of the company's stock.
• On August 22, 2024, Pelizzon acquired 8,818 shares of common stock at a price of $5.67 per share, increasing his direct holdings.
• On August 23, 2024, he acquired an additional 16,978 shares at $5.89 per share, further increasing his direct holdings.
• Following these transactions, Pelizzon directly owns 331,696 shares of Alphatec Holdings common stock.
• Pelizzon also has indirect ownership of 11,395,045 shares through Squadron Capital LLC, where he is a member of the Managing Committee.
• He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's increased stake suggests confidence, but it's a routine disclosure.

Positives

• Director Pelizzon's increased investment in Alphatec Holdings may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, and 10% owners) buy or sell their company's stock. These filings are closely watched by investors as they can provide insights into management's view of the company's prospects.

Stakeholder Impact

• The increased stake by a director could positively influence shareholder sentiment.

Key Dates