Alphatec (NASDAQ: ATEC) CEO logs tax-withholding disposal of 219,749 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alphatec Holdings, Inc. CEO Miles Patrick reported a tax-related share disposition. On March 5, 2026, he disposed of 219,749 shares of Common Stock at $12.57 per share through a Form 4 transaction coded “F.”
The footnote explains these shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock units, rather than an open-market sale. After this transaction, Patrick directly owned 5,778,551 shares, and indirectly held 10,900 shares by IRA and 250,000 shares by MOM, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Miles Patrick
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 219,749 | $12.57 | $2.76M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,778,551 shares (Direct);
Common Stock — 10,900 shares (Indirect, By IRA)
Footnotes (1)
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FAQ
What did Alphatec (ATEC) CEO Miles Patrick report in this Form 4 filing?
Alphatec CEO Miles Patrick reported a tax-withholding disposition of shares. The company withheld shares of Common Stock to cover his tax obligations from restricted stock units vesting, rather than a discretionary open-market sale.
Was the Alphatec (ATEC) CEO’s Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to cover tax liabilities from restricted stock units vesting, as indicated by the “F” transaction code and footnote.
What does transaction code F mean in the Alphatec (ATEC) CEO’s Form 4?
Transaction code F signifies payment of the exercise price or tax liability by delivering securities. In this case, Alphatec withheld Common Stock shares from CEO Miles Patrick to satisfy his tax withholding obligations from restricted stock unit vesting.
How is the Alphatec (ATEC) CEO’s indirect ownership reported in this Form 4?
The Form 4 shows indirect ownership of 10,900 shares held by IRA and 250,000 shares held by MOM, LLC. These entries reflect shares attributed to entities associated with Miles Patrick, separate from his directly owned holdings.