Alphatec (NASDAQ: ATEC) director receives 32,012 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Berkowitz Mortimer III reported acquisition or exercise transactions in this Form 4 filing.
Alphatec Holdings director Mortimer Berkowitz III received an equity award of 32,012 restricted stock units (RSUs) on June 10, 2026. The RSUs were granted at no cash cost and each unit represents a contingent right to receive one share of Alphatec common stock.
The RSUs vest on the earlier of the next annual meeting of stockholders or the director’s death or resignation, with pro‑rata vesting in those latter cases based on days served out of 365. Following this grant, Berkowitz directly holds 650,062 shares of common stock, and the filing also reports indirect holdings through several 2016 family trusts and by his spouse, with beneficial ownership of those indirect positions expressly disclaimed except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Berkowitz Mortimer III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,012 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 650,062 shares (Direct, null);
Common Stock — 24,802 shares (Indirect, By Spouse)
Footnotes (1)
- On June 10, 2026, issuer granted to the reporting person 32,012 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of issuer's common stock. The restricted stock units vest on the earlier of (a) the next annual meeting of stockholders and (b) the death or resignation of the reporting person. In the event of death or resignation of the reporting person, the grant will vest pro-rata based on the number of actual days served by the reporting person from the time of the grant to such death or resignation, divided by 365. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. As one of two trustees of the identified trust, the reporting person may be deemed to be the beneficial owner of these shares.
Key Figures
RSU grant size: 32,012 restricted stock units
Grant price per unit: $0.00 per unit
Direct shares after grant: 650,062 shares
+2 more
5 metrics
RSU grant size
32,012 restricted stock units
Equity award granted June 10, 2026
Grant price per unit
$0.00 per unit
Reported transaction price for RSU grant
Direct shares after grant
650,062 shares
Common stock directly held following transaction
Trust holding example
146,575 shares
Common stock held by a 2016 family trust
Spouse indirect holding
24,802 shares
Common stock held indirectly by spouse
Key Terms
restricted stock units, contingent right, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock units financial
"issuer granted to the reporting person 32,012 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
beneficial ownership financial
"The reporting person expressly disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
trustees financial
"As one of two trustees of the identified trust"
Trustees are people or a small group legally appointed to hold and manage assets, documents, or obligations on behalf of others and must act in those beneficiaries’ best interests. Think of them as a neutral guardian or custodian who enforces rules, protects assets, and makes decisions that can affect payments, corporate governance, or recovery in a default — all of which directly influence investor returns and risk.
FAQ
What insider transaction did Alphatec (ATEC) director Mortimer Berkowitz report?
He reported receiving 32,012 restricted stock units as an equity award. Each unit is a contingent right to one Alphatec common share, granted at no cash cost as director compensation and subject to future vesting conditions described in the filing.
When do the 32,012 Alphatec (ATEC) restricted stock units granted to Berkowitz vest?
The restricted stock units vest on the earlier of the next annual meeting of stockholders or Berkowitz’s death or resignation. In a death or resignation scenario, vesting occurs pro‑rata based on actual days served from grant date divided by 365.
Is Berkowitz’s Alphatec (ATEC) RSU grant an open-market stock purchase?
No, the 32,012‑unit transaction is a compensation-related grant of restricted stock units. It was awarded at a reported price of $0.00 per unit, rather than acquired through an open-market purchase of existing Alphatec common shares.