Alphatec (ATEC) EVP Craig Hunsaker exercises options and receives 210,071 shares

Rhea-AI Filing Summary

Alphatec Holdings executive Craig E. Hunsaker exercised multiple stock options and increased his direct ownership. On February 12, 2026, he exercised options for 31,710 shares at $1.93, 120,248 shares at $1.68, 78,249 shares at $2.69, and 20,969 shares at $3.09 per share.

The exercise was handled on a cashless basis, with the issuer withholding 41,105 shares to cover the exercise price and issuing 210,071 shares of common stock to Hunsaker. Following these transactions, he directly owned 1,383,096 shares of Alphatec common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hunsaker Craig E

(Last) (First) (Middle)

C/O ALPHATEC SPINE, INC.

1950 CAMINO VIDA ROBLE

(Street)

CARLSBAD CA 92008

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Alphatec Holdings, Inc. [ ATEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, PEOPLE & CULTURE

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/12/2026		M		31,710	A	$1.93	1,204,735	D
Common Stock	02/12/2026		M		120,248	A	$1.68	1,324,983	D
Common Stock	02/12/2026		M		78,249	A	$2.69	1,403,232	D
Common Stock	02/12/2026		M		20,969	A	$3.09	1,424,201	D
Common Stock	02/12/2026		F(1)		41,105	D	$13.1(1)	1,383,096	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$1.93	02/12/2026		M			31,710	06/15/2017(2)	06/15/2027	Common Stock	31,710	$0	0	D
Employee Stock Option (right to buy)	$1.68	02/12/2026		M			120,248	07/26/2018(3)	07/26/2027	Common Stock	120,248	$0	0	D
Employee Stock Option (right to buy)	$2.69	02/12/2026		M			78,249	07/30/2019(3)	07/30/2028	Common Stock	78,249	$0	0	D
Employee Stock Option (right to buy)	$3.09	02/12/2026		M			20,969	02/21/2018(3)	02/21/2027	Common Stock	20,969	$0	104,031	D

Explanation of Responses:

1. On February 12, 2026, the reporting person exercised options to purchase 31,710 shares of the issuer's common stock for $1.93 per share, 120,248 shares of the issuer's common stock for $1.68 per share, 78,249 shares of the issuer's common stock for $2.69 per share, and 20,969 shares of the issuer's common stock for $3.09 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 41,105 of the option shares to pay the exercise price and issuing to the reporting person 210,071 shares.

2. The option grant was approved by a committee of the issuer's Board of Directors on February 21, 2017, subject to shareholder approval of an amendment to the issuer's 2016 Equity Incentive Plan to increase the maximum number of shares that may be granted to any one participant during a one-year period to 500,000. The issuer's shareholders approved the amendment on June 15, 2017. The option vested in 36 monthly installments beginning March 21, 2017, except that all vesting attributable to periods prior to June 15, 2017 was deemed to have occurred on June 15, 2017.

3. The option vested 25% on the first anniversary of the grant date and thereafter in 36 equal monthly installments.

	/s/ Tyson E. Marshall, Attorney-in-Fact	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did ATEC executive Craig E. Hunsaker report?

Craig E. Hunsaker reported exercising employee stock options and receiving Alphatec common shares. On February 12, 2026, he converted several option grants into stock through a cashless exercise, increasing his direct equity stake in the company.

How many Alphatec (ATEC) options did Craig Hunsaker exercise and at what prices?

He exercised options for 31,710 shares at $1.93, 120,248 shares at $1.68, 78,249 shares at $2.69, and 20,969 shares at $3.09. These were employee stock options granting the right to buy Alphatec common stock at those fixed exercise prices.

What does cashless exercise mean in Craig Hunsaker’s ATEC Form 4 filing?

Cashless exercise means the option holder uses some of the option shares to pay the exercise cost instead of paying cash. Alphatec withheld 41,105 option shares for this purpose and issued 210,071 net new shares of common stock to Craig Hunsaker.

How many Alphatec (ATEC) shares does Craig Hunsaker own after these transactions?

After the reported transactions, Craig Hunsaker directly owned 1,383,096 shares of Alphatec common stock. This post-transaction balance reflects both the exercised options converted into stock and the shares withheld to cover the exercise on a cashless basis.

What is transaction code M in the ATEC Form 4 for Craig Hunsaker?

Transaction code M indicates an exercise or conversion of a derivative security, such as an employee stock option. In this case, Craig Hunsaker converted option awards into Alphatec common shares rather than buying shares in the open market.

Why does Craig Hunsaker’s ATEC Form 4 show a code F transaction?

Code F represents a disposition of shares to pay the exercise price or tax liability. Alphatec withheld 41,105 shares of common stock at $13.10 per share value to satisfy obligations tied to Craig Hunsaker’s option exercises in the cashless transaction.