Form 4: Alphatec Holdings EVP, Sales David Sponsel Reports Stock Sales

David Sponsel, EVP of Sales at Alphatec Holdings, reported the sale of common stock on January 10 and January 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• David Sponsel, the EVP of Sales at Alphatec Holdings, sold shares of common stock on January 10 and January 13, 2025.
• On January 10, 2025, 238 shares were sold at $10 each.
• On January 13, 2025, 58,283 shares were sold at a weighted average price of $10.71, with prices ranging from $10.01 to $11.23.
• Following these transactions, Sponsel directly owns 502,311 shares of Alphatec Holdings common stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 11, 2024.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by an executive, which is neither particularly positive nor negative. The use of a 10b5-1 plan suggests the sales were pre-planned.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on inside information.

Stakeholder Impact

• The stock sales could have a minor impact on shareholder sentiment, but the pre-planned nature of the sales mitigates concerns about insider information.

Key Dates