Form 4: Alphatec Holdings Executive Sells Shares to Cover Tax Obligations from Vesting Restricted Stock Units

Alphatec Holdings, Inc. EVP of People & Culture, Craig E. Hunsaker, sold 200,000 shares of common stock for approximately $2.47 million to satisfy tax withholding obligations related to the vesting of restricted stock units.

Summary

• Craig E. Hunsaker, Executive Vice President of People & Culture at Alphatec Holdings, Inc. (ATEC), reported the sale of common stock.
• On June 4, 2025, Mr. Hunsaker sold 186,122 shares of common stock at a weighted average price of $12.34 per share, with prices ranging from $12.19 to $12.71.
• On June 5, 2025, an additional 13,878 shares were sold at a weighted average price of $12.36 per share, with prices ranging from $12.17 to $12.53.
• The total number of shares sold across both transactions was 200,000.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on March 5, 2025.
• The primary purpose of these sales was to satisfy tax withholding obligations arising from the vesting of restricted stock units.
• Following these transactions, Mr. Hunsaker beneficially owns 1,450,018 shares of Alphatec Holdings common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The sale of shares by an executive is explicitly stated as being for tax withholding obligations related to the vesting of restricted stock units, which is a non-discretionary and common event, rather than a discretionary sale indicating a change in confidence.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2025, to satisfy certain tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.

Industry Context

This filing is a routine disclosure of an insider stock transaction, specifically a sale by an executive to cover tax obligations. It does not provide broader insights into industry trends or competitive dynamics within the medical technology or spine surgery sector where Alphatec Holdings operates.

Stakeholder Impact

• Shareholders: The sale of 200,000 shares by an executive is a routine transaction for tax purposes and is unlikely to have a significant direct impact on the company's share price or long-term shareholder value, especially given the pre-arranged nature and stated reason.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Alphatec Holdings, ATEC, SEC Form 4, Insider Trading, Stock Sale, Executive Compensation, Restricted Stock Units, Tax Withholding, Rule 10b5-1 Plan