Sponsel David 4

What Happened

• David Sponsel, EVP of Sales at Alphatec Holdings (ATEC), sold 163,452 shares on March 11, 2026. The reported weighted-average sale price was $12.52, producing gross proceeds of about $2,046,419. This was a sale (not a purchase), commonly a routine disposition rather than a direct bullish signal.

Key Details

• Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13 — timely filing).
• Price: weighted average $12.52; individual sales ranged from $12.13 to $12.92 per share.
• Shares disposed: 163,452; proceeds ≈ $2,046,419.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: (1) Sales were made pursuant to a Rule 10b5-1 trading plan adopted June 12, 2025 to satisfy tax withholding obligations from RSU vesting. (2) The reported price is a weighted average; the filer can provide exact per-trade breakdown on request.

Context

• Because the sales were executed under a pre-established 10b5-1 plan and were to satisfy tax withholding from vested restricted stock units, they are typically considered routine. Such transactions do not, by themselves, indicate the insider’s private view of the company’s prospects.