Alphatec (ATEC) investors approve 2026 equity plans, board slate and say-on-pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Alphatec Holdings, Inc. held its 2026 annual meeting of stockholders on June 10, 2026, where stockholders approved the 2026 Equity Incentive Plan and the 2026 Employee Stock Purchase Plan, making both plans effective upon approval.
Stockholders also elected seven directors for one-year terms, ratified Deloitte & Touche LLP as independent auditor for the fiscal year ending December 31, 2026, and approved on a non-binding advisory basis the compensation of named executive officers. The meeting had 153,702,057 common shares outstanding as of the record date, with a quorum of 118,373,608 shares represented.
Positive
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Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Shares outstanding: 153,702,057 shares
Shares represented (quorum): 118,373,608 shares
Auditor ratification votes for: 118,309,646 votes
+3 more
6 metrics
Shares outstanding
153,702,057 shares
Common stock issued and outstanding as of April 15, 2026 record date
Shares represented (quorum)
118,373,608 shares
Common shares represented in person or by proxy at the annual meeting
Auditor ratification votes for
118,309,646 votes
Votes for Deloitte & Touche LLP as independent auditor for FY ending Dec 31, 2026
2026 Equity Incentive Plan votes for
66,250,952 votes
Approval of Alphatec Holdings, Inc. 2026 Equity Incentive Plan
2026 ESPP votes for
94,532,324 votes
Approval of Alphatec Holdings, Inc. 2026 Employee Stock Purchase Plan
Say-on-pay votes for
81,927,395 votes
Non-binding advisory approval of named executive officer compensation
Key Terms
2026 Equity Incentive Plan, 2026 Employee Stock Purchase Plan, broker non-votes, non-binding advisory basis, +1 more
5 terms
2026 Equity Incentive Plan financial
"The stockholders approved the Alphatec Holdings, Inc. 2026 Equity Incentive Plan"
2026 Employee Stock Purchase Plan financial
"The stockholders approved the Alphatec Holdings, Inc. 2026 Employee Stock Purchase Plan"
broker non-votes financial
"Votes For, Votes Against, Abstentions, Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory basis financial
"The stockholders approved, on a non-binding advisory basis, the compensation"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
independent registered public accounting firm financial
"the Company’s independent registered public accounting firm for its fiscal year"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
FAQ
What did Alphatec (ATEC) stockholders approve at the 2026 annual meeting?
Alphatec stockholders approved the 2026 Equity Incentive Plan and the 2026 Employee Stock Purchase Plan. They also ratified Deloitte & Touche as auditor, elected seven directors, and passed a say-on-pay resolution for executive compensation.
Were Alphatec’s 2026 equity and employee stock purchase plans approved?
Yes. The 2026 Equity Incentive Plan received 66,250,952 votes for and the 2026 Employee Stock Purchase Plan received 94,532,324 votes for. Both plans became effective upon stockholder approval at the annual meeting.
Which directors were elected to Alphatec’s board at the 2026 meeting?
Stockholders elected Mortimer Berkowitz III, Quentin Blackford, David Demski, Karen K. McGinnis, Patrick S. Miles, David R. Pelizzon, and Keith Valentine to the board for one-year terms, continuing until the 2027 annual meeting.
Did Alphatec (ATEC) stockholders ratify the company’s independent auditor?
Yes. Stockholders ratified Deloitte & Touche LLP as Alphatec’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 118,309,646 votes for, 48,208 against, and 15,754 abstentions.
How did Alphatec (ATEC) stockholders vote on executive compensation?
On a non-binding advisory basis, stockholders approved Alphatec’s named executive officer compensation with 81,927,395 votes for, 12,420,476 against, and 293,219 abstentions, along with 23,732,518 broker non-votes recorded.