Koning John Todd 4
4 · Alphatec Holdings, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Alphatec (ATEC) CFO John Koning Receives RSU Awards
What Happened
- John Koning, Chief Financial Officer of Alphatec Holdings, received equity awards on February 25, 2026 consisting of 205,094 RSUs, 110,394 RSUs, 20,380 RSUs (in lieu of cash bonus), and two performance‑based awards of up to 55,197 RSUs each — a total of up to 446,262 RSUs. The grants were reported at $0 (typical for RSU awards); each RSU represents a contingent right to one share of common stock if/when they vest. These are awards, not purchases or sales, and vest on specified future dates or upon satisfaction of performance/price conditions.
Key Details
- Transaction date: February 25, 2026; Form filed February 27, 2026 (timely filing).
- Award breakdown and vesting:
- 205,094 RSUs: performance‑based award confirmed 1/29/2025; vests in three equal installments on March 5, 2026, March 5, 2027 and March 5, 2028.
- 110,394 RSUs: service/award RSUs vesting 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; vests December 4, 2026; grant amount tied to the 30‑day average trading price as of Feb 25, 2026.
- Two performance‑based awards (up to 55,197 RSUs each): vest upon specified 30‑day average stock‑price hurdles ($25 or $36 depending on award and date) and/or achievement of operational metrics by end-of-year 2028 or 2030.
- Total maximum RSUs: 446,262. One footnote notes forfeiture of 32,403 previously reported RSUs for failure to meet performance criteria.
- Shares owned after transaction: not provided in the supplied details.
- Transaction code: A = Award/Grant. The entries include derivative awards (performance‑contingent RSUs); these are not immediate share issuances until vesting conditions are met.
Context
- RSUs are compensation awards that convert to actual shares only when vesting conditions are satisfied; they are common executive pay and do not by themselves indicate a buy/sell signal. Performance‑based RSUs can lapse if targets are not met (as evidenced by the forfeiture noted). No cash exercise or open‑market trade occurred in this filing.
Insider Transaction Report
Form 4
Koning John Todd
CHIEF FINANCIAL OFFICER
Transactions
- Award
Common Stock
[F1][F2][F3]2026-02-25+205,094→ 618,646 total - Award
Common Stock
[F2][F4]2026-02-25+110,394→ 729,040 total - Award
Common Stock
[F2][F5]2026-02-25+20,380→ 749,420 total - Award
Restricted Stock Units
[F6][F2]2026-02-25+55,197→ 55,197 total→ Common Stock (55,197 underlying) - Award
Restricted Stock Units
[F7][F2]2026-02-25+55,197→ 55,197 total→ Common Stock (55,197 underlying)
Footnotes (7)
- [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]Beneficial ownership reflects forfeiture of 32,403 previously reported RSUs for failure to satisfy applicable performance criteria.
- [F4]On February 25, 2026, the issuer awarded 110,394 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.
- [F5]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.
- [F6]On February 25, 2026, the issuer granted to the reporting person an award of up to 55,197 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.
- [F7]On February 25, 2026, the issuer granted to the reporting person an award of up to 55,197 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.
Signature
/s/ Tyson E. Marshall, Attorney-in-Fact|2026-02-27