Blackford Quentin S. 4
Research Summary
AI-generated summary
Alphatec (ATEC) Director Quentin Blackford Receives Award of 32,012 RSUs
What Happened
Quentin S. Blackford, a director of Alphatec Holdings, was granted 32,012 restricted stock units (RSUs) on June 10, 2026. The grant was reported as an award/acquisition at $0.00 (no cash paid). RSUs are a contingent right to receive one share of common stock per unit upon vesting; no shares were delivered at grant.
Key Details
- Transaction type/code: Award/Grant (code A) — 32,012 RSUs granted on 2026-06-10. Reported value: $0.00 at acquisition.
- Filing: Form 4 filed 2026-06-12 (timely; within required reporting window).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Vesting/footnote: RSUs vest on the earlier of (a) the next annual meeting of stockholders or (b) the reporting person’s death or resignation. If death or resignation occurs, vesting is pro‑rata based on days served from grant up to that event (divided by 365).
Context
RSU grants are common compensation for directors and employees and do not indicate an immediate purchase or sale of stock. These RSUs represent a future entitlement to shares if vesting conditions are met; they are not the same as exercised options or open‑market purchases.