[144] Alphatec Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Alphatec Holdings, Inc. (ATEC) Form 144 shows a proposed sale of 300,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $4,362,000. The shares were originally acquired as restricted stock units on 10/02/2020. The filing lists total outstanding shares of 147,983,775 and an approximate planned sale date of 10/01/2025 on NASDAQ. The notice also discloses a related 10b5-1 sale on 09/02/2025 of 300,000 shares that generated gross proceeds of $4,717,830. The filer certifies they are not aware of any undisclosed material adverse information and references reliance on a trading plan or instruction where applicable.

Insights

Financial Analyst

TL;DR: Insider plans to sell 300,000 shares (~$4.36M), representing a small percentage of outstanding stock; likely routine liquidity.

The sale involves 300,000 common shares acquired as restricted stock units on 10/02/2020 and planned to be sold via Morgan Stanley Smith Barney with an aggregate market value reported at $4,362,000. Against 147,983,775 shares outstanding, this size is limited in absolute and relative terms (roughly 0.20%). The filing also notes a prior 10b5-1 sale on 09/02/2025 of 300,000 shares with gross proceeds of $4,717,830, indicating the insider has executed recent plan-based transactions. No earnings or operational metrics are disclosed here, so valuation impact is likely minimal from this notice alone.

Corporate Governance Expert

TL;DR: Filing follows Rule 144 and discloses a plan-based sale; governance procedures appear observed based on the notice.

The Form 144 lists broker details and confirms the filers representation about lack of undisclosed material information, and references reliance on Rule 10b5-1 where applicable. The shares were RSUs granted by the issuer and the planned sale is being reported per regulatory requirements. The presence of a prior 10b5-1 sale in the past month suggests ongoing, pre-arranged dispositions rather than opportunistic trading. No governance issues or compliance exceptions are evident within the provided text.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	300000	4362000.00	147983775	10/01/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/02/2020	Restricted Stock Units	Issuer			300000	10/02/2020	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for PATRICK MILES 1950 Camino Vida Roble Carlsbad CA 92008	Common	09/02/2025	300000	4717830.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for ATEC report?

The Form 144 reports a proposed sale of 300,000 common shares with an aggregate market value of $4,362,000, to be executed via Morgan Stanley Smith Barney.

When were the shares being sold acquired?

The 300,000 shares were acquired as restricted stock units on 10/02/2020.

What prior sales are disclosed in the filing for the seller?

The filing lists a 10b5-1 sale on 09/02/2025 of 300,000 shares that generated gross proceeds of $4,717,830.

How many shares of ATEC are outstanding according to the filing?

The filing reports 147,983,775 shares outstanding.

What representations does the filer make about nonpublic information?

The filer certifies they do not know any material adverse information about the issuer that has not been publicly disclosed and references any applicable 10b5-1 plan adoption date.