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Alphatec Holdings, Inc.·4

Feb 27, 9:30 PM ET

Sponsel David 4

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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.