Form 4: Alphatec Holdings EVP, Sales David Sponsel Sells Shares to Cover Tax Obligations

David Sponsel, EVP of Sales at Alphatec Holdings, sold 36,256 shares of common stock on February 3, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• David Sponsel, the EVP of Sales at Alphatec Holdings, sold 36,256 shares of common stock on February 3, 2025.
• The sale was executed to satisfy tax withholding obligations resulting from the vesting of restricted stock units.
• The shares were sold at a weighted average price of $11.42, with individual transactions ranging from $11.28 to $11.58.
• Following the transaction, Sponsel still beneficially owns 735,074 shares of Alphatec Holdings.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on September 11, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The sale is related to tax obligations and executed under a pre-arranged plan, suggesting it's not driven by negative sentiment towards the company's prospects.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was planned and not based on immediate market conditions.

Future Outlook

There is no future outlook information provided in this document.

Industry Context

Sales by executives to cover tax obligations are common and generally don't indicate a negative outlook for the company. It is a normal part of executive compensation and financial planning.

Stakeholder Impact

• The sale could have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates

Keywords

Alphatec Holdings, ATEC, David Sponsel, EVP Sales, Stock Sale, Form 4, Rule 10b5-1, Tax Obligations, Restricted Stock Units, Insider Trading