Sponsel David 4
4 · Alphatec Holdings, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Alphatec (ATEC) EVP David Sponsel Receives RSU Awards
What Happened
David Sponsel, EVP of Sales at Alphatec Holdings (ATEC), received awards totaling 412,294 restricted stock units (RSUs) on February 25, 2026. The filing shows: 205,094 RSUs (performance-based, $0.00 per share), 93,410 RSUs (time-based, $0.00), 20,380 RSUs (in lieu of cash bonus; price N/A — set using a 30‑day average), and two separate performance-based awards of up to 46,705 RSUs each (both shown at $0.00). These are grants/awards (transaction code A) — not open‑market purchases or sales — and represent contingent rights to receive shares if/when vesting conditions are met.
Key Details
- Transaction date: February 25, 2026; filing date: February 27, 2026 (filed promptly).
- Total RSUs awarded: 412,294.
- Reported grant prices: $0.00 for most awards; the 20,380‑share grant uses a 30‑day average price (listed as N/A).
- Vesting highlights:
- 205,094 RSUs: performance-based award (originally granted Jan 29, 2025); vest in three equal installments on March 5, 2026, March 5, 2027 and March 5, 2028.
- 93,410 RSUs: vest in three equal installments on March 5, 2027, March 5, 2028 and March 5, 2029.
- 20,380 RSUs: granted in lieu of part of 2025 cash bonus; vest on December 4, 2026; grant value set using 30‑day average price as of Feb 25, 2026.
- Two awards of up to 46,705 RSUs each: performance-based vesting tied to 30‑day average stock price thresholds ($25 by 12/31/2028 and/or $36 by 12/31/2030) and/or specified operational metrics measured as of year‑end 2028 or 2030 (specific conditions differ between the two awards).
- Each RSU equals a contingent right to one share of common stock (per filing).
- Shares owned after the grants were not specified in the Form 4 summary provided.
Context
RSU grants are common executive compensation and are not immediate purchases or sales — they vest over time or upon meeting performance targets. Performance-based RSUs only convert to actual shares (and thus become potentially sellable) if the stated price or operational goals are met within the specified windows. For retail investors, awards like these align management incentives with company performance but do not by themselves indicate insider buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-25+205,094→ 554,594 total - Award
Common Stock
[F2][F3]2026-02-25+93,410→ 648,004 total - Award
Common Stock
[F2][F4]2026-02-25+20,380→ 668,384 total - Award
Restricted Stock Units
[F5][F2]2026-02-25+46,705→ 46,705 total→ Common Stock (46,705 underlying) - Award
Restricted Stock Units
[F6][F2]2026-02-25+46,705→ 46,705 total→ Common Stock (46,705 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 93,410 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 20,380 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 46,705 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 46,705 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.