[144] Alphatec Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Brunswick Corp. (BC) has filed a Form 144 indicating an intended sale of 265 common shares through Morgan Stanley Smith Barney on 01 Aug 2025. The shares, valued at $15,446.85 in aggregate, were received as board compensation on 31 Jul 2025. With 65.3 million shares outstanding, the planned sale represents less than 0.001 % of total equity, signalling an immaterial transaction for public float and daily trading volumes. No other sales were reported in the past three months and no gifts or non-cash considerations are noted.

The filer affirms no undisclosed adverse information about the company and has not yet disclosed a Rule 10b5-1 trading plan date. While insider sales can prompt scrutiny, the modest size and routine nature of this transaction suggest minimal impact on Brunswick’s share price or governance outlook.

Insights

Securities Analyst

TL;DR: Small insider sale (<$16k) is routine, poses negligible market impact.

The Form 144 covers 265 shares—roughly 0.0004 % of outstanding stock—worth about $15 k. Such a nominal divestiture is typically linked to personal liquidity or tax planning rather than signaling fundamental concerns. Volume is far below thresholds that influence float or trigger programmatic selling limits, and the lack of prior 3-month sales further reduces signaling risk. Overall, I view the filing as non-impactful to BC’s valuation or trading dynamics.

Corporate Governance Expert

TL;DR: Routine board-compensation share sale; governance profile unchanged.

The shares stem from standard equity awards to directors, aligning incentives with shareholders. No 10b5-1 plan date is cited, but the modest volume and full disclosure comply with SEC rules, indicating sound governance processes. I see no red flags regarding information asymmetry or insider knowledge. Consequently, investor perception should remain neutral.

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

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	19230	203453.40	147983775	08/01/2025	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	02/22/2021	Restricted Stock Units	Issuer			7867	02/22/2021	N/A
Common	02/17/2024	Performance Stock Units	Issuer			11363	02/17/2024	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 SCOTT LISH 1950 Camino Vida Roble Carlsbad CA 92008	Common	07/10/2025	3982	47786.55
10b5-1 Sales for SCOTT LISH 1950 Camino Vida Roble Carlsbad CA 92008	Common	06/13/2025	22727	251579.10
SCOTT LISH 1950 Camino Vida Roble Carlsbad CA 92008	Common	05/19/2025	55375	719875.00
SCOTT LISH 1950 Camino Vida Roble Carlsbad CA 92008	Common	05/05/2025	12000	145440.00

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

How many Brunswick (BC) shares are being sold under this Form 144?

The filing covers 265 common shares.

What is the market value of the shares to be sold?

The aggregate market value is $15,446.85.

When is the approximate sale date for the shares?

The filer expects to sell on 08/01/2025.

What percentage of Brunswick’s shares outstanding does this sale represent?

Less than 0.001 % of the 65.3 million shares outstanding.

Which broker will execute the transaction?

The shares will be sold via Morgan Stanley Smith Barney LLC.