Marshall Tyson Eliot 4
4 · Alphatec Holdings, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Alphatec (ATEC) GC Marshall Eliot Receives RSU Award
What Happened
Marshall Tyson Eliot, Alphatec Holdings (ATEC) General Counsel & Corporate Secretary, was granted a set of restricted stock unit (RSU) awards on February 25, 2026. The filing reports: 205,094 RSUs (vest in three equal installments on Mar 5, 2026/2027/2028), 84,918 RSUs (vest in three equal installments on Mar 5, 2027/2028/2029), and 12,840 RSUs (vest Dec 4, 2026; grant tied to 30‑day average price). In addition, he received two performance-based awards of up to 42,459 RSUs each (total up to 84,918 performance RSUs) that vest only if certain stock price targets and/or operational metrics are achieved by specified dates. Each RSU represents a contingent right to one share of common stock.
Key Details
- Transaction date: February 25, 2026; reported on Form 4 filed Feb 27, 2026 (timely filing).
- Awarded shares: 205,094 RSUs; 84,918 RSUs; 12,840 RSUs; plus two performance-based awards of up to 42,459 RSUs each.
- Price/consideration: awards recorded at $0 (standard for RSU grants); the 12,840 RSU grant noted as determined using the 30‑day average price (per filing).
- Vesting: 205,094 vests in thirds March 5, 2026/2027/2028; 84,918 vests in thirds March 5, 2027/2028/2029; 12,840 vests Dec 4, 2026; performance RSUs vest only if specified price targets ($25/$36 30‑day averages) or operational metrics are met by 2028/2030 per grant terms.
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- No tax‑withholding sales or option exercises reported in this filing.
Context
RSUs are awards, not open‑market purchases or sales; they convert to shares only when vested (and are contingent for performance RSUs). Performance RSUs are conditional — they may never vest if targets aren’t met. Awards are common for compensation and retention and should be viewed as compensation events rather than direct insider market timing signals.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-25+205,094→ 550,536 total - Award
Common Stock
[F2][F3]2026-02-25+84,918→ 635,454 total - Award
Common Stock
[F2][F4]2026-02-25+12,840→ 648,294 total - Award
Restricted Stock Units
[F5][F2]2026-02-25+42,459→ 42,459 total→ Common Stock (42,459 underlying) - Award
Restricted Stock Units
[F6][F2]2026-02-25+42,459→ 42,459 total→ Common Stock (42,459 underlying)
Footnotes (6)
- [F1]On February 25, 2026, the issuer awarded 205,094 restricted stock units (RSUs) to the reporting person under a performance based award granted to the reporting person on January 29, 2025 upon confirmation by the issuer's compensation committee of satisfaction of certain performance criteria for the fiscal year ended December 31, 2025. The RSUs vest in three equal installments on each of March 5, 2026, March 5, 2027 and March 5, 2028.
- [F2]Each RSU represents a contingent right to receive one share of the issuer's common stock.
- [F3]On February 25, 2026, the issuer awarded 84,918 RSUs to the reporting person. The RSUs vest in three equal installments on each of March 5, 2027, March 5, 2028 and March 5, 2029.
- [F4]On February 25, 2026, the issuer granted 12,840 RSUs to the reporting person in connection with the issuer's election to grant RSUs to the reporting person in lieu of a portion of the reporting person's 2025 cash bonus. The grant was approved and adopted by the issuer's compensation committee on February 25, 2026. The RSUs vest December 4, 2026. The grant amount was determined using the 30-day average trading price of the issuer's common stock as of close of market on February 25, 2026.
- [F5]On February 25, 2026, the issuer granted to the reporting person an award of up to 42,459 performance-based RSUs. The RSUs vest upon the issuer's (i) common stock achieving a 30-day average trading price of at least $25.00 per share at any time prior to December 31, 2028, (ii) common stock achieving a 30-day average trading price of at least $36.00 per share at any time prior to December 31, 2030, (iii) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2028, or (iv) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2030.
- [F6]On February 25, 2026, the issuer granted to the reporting person an award of up to 42,459 performance-based RSUs. The RSUs vest upon the issuer's (i) common stock achieving a 30-day average trading price of at least $36.00 per share at any time prior to December 31, 2030, or (ii) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2030.