Sponsel David 4
Research Summary
AI-generated summary
Alphatec (ATEC) EVP David Sponsel Sells 60,425 Shares
What Happened
- David Sponsel, Executive Vice President, Sales of Alphatec Holdings, sold 60,425 shares on February 5, 2026. The weighted-average sale price was $13.79, generating gross proceeds of approximately $833,261. The reported sale was coded as a disposition (S).
Key Details
- Transaction date: 2026-02-05 (reported on Form 4 filed 2026-02-06).
- Price: weighted average $13.79; individual trades ranged from $13.43 to $14.22 (reporting person can provide breakdown on request).
- Shares disposed: 60,425; proceeds ≈ $833,261.
- Purpose/plan: Sold pursuant to a Rule 10b5-1 trading plan adopted June 12, 2025 to satisfy tax withholding obligations from RSU vesting (Footnote F1).
- Additional note (F3): Filing references acquisitions of 276 and 196 shares under the issuer's ESPP (May 15, 2025 and Nov 14, 2025) and the forfeiture of 30,314 previously reported RSUs for failure to meet performance criteria.
- Shares owned after transaction: not specified in the information provided in the summary filing excerpt.
- Timeliness: Form 4 was filed the next day (timely, not flagged late).
Context
- This sale was executed under a pre-established 10b5-1 plan to cover tax withholding from vested RSUs, which is a common, routine reason for insider sales and does not by itself indicate a change in insider sentiment. The filing discloses a weighted‑average price and a price range for multiple trades; detailed per-trade prices are available from the reporting person on request.