Valentine Keith 4
Research Summary
AI-generated summary
Alphatec (ATEC) Director Valentine Keith Receives 32,012 RSU Award
What Happened Valentine Keith, a director of Alphatec Holdings, Inc. (ATEC), was granted 32,012 restricted stock units (RSUs) on June 10, 2026. The RSUs were granted at $0.00 per unit (no cash exchanged) and therefore show $0 immediate purchase value; each RSU is a contingent right to one share of ATEC common stock. This is a compensation/retention award rather than an open-market purchase or sale.
Key Details
- Transaction type: Award/Grant (code A)
- Grant date and filing: Transaction dated 2026-06-10; Form 4 filed 2026-06-12 (appears timely)
- Quantity and price: 32,012 RSUs @ $0.00 (reported acquisition amount $0)
- Shares owned after transaction: Not specified in this filing
- Vesting terms (from footnote): RSUs vest on the earlier of (a) the next annual meeting of stockholders or (b) the director’s death or resignation. If death or resignation occurs, vesting is pro‑rata based on days served from grant divided by 365.
- No indication of 10b5-1 plan, tax-withholding sale, or immediate cash exercise in this filing
Context RSU grants are common director compensation/retention tools; they represent a future right to receive shares if and when vesting conditions are met and do not represent an immediate purchase or sale signal. Because these units vest at the next annual meeting (or upon certain termination events), they may convert into shares only if vesting conditions are satisfied.