Form 4: Alphatec Holdings Executive Sells Shares to Cover Tax Obligations

Tyson E. Marshall, General Counsel & Corp. Sec. of Alphatec Holdings, sold 9,225 shares of common stock on March 6, 2024, to cover tax withholding obligations.

Summary

• On March 6, 2024, Tyson E. Marshall, General Counsel & Corp. Sec. of Alphatec Holdings, sold 9,225 shares of common stock.
• The sale was executed at a weighted average price of $13.16 per share, with individual transactions ranging from $13.07 to $13.28.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 14, 2023.
• The purpose of the sale was to satisfy tax withholding obligations resulting from the vesting of restricted stock units.
• Following the transaction, Marshall directly owns 295,870 shares of Alphatec Holdings common stock.

Sentiment

Score: 5

Explanation: This is a routine Form 4 filing related to an executive stock sale for tax purposes. It doesn't indicate any significant positive or negative sentiment towards the company.

Future Outlook

There are no explicit forward-looking statements in this document.

Industry Context

Executive stock sales are a common occurrence and can be driven by various factors, including personal financial planning and tax obligations. The use of a pre-arranged Rule 10b5-1 trading plan suggests that the sale was planned in advance and not based on insider information.

Key Dates