Alphatec (ATEC) CEO granted time- and performance-based RSU awards

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Form Type

Rhea-AI Filing Summary

Miles Patrick reported acquisition or exercise transactions in this Form 4 filing.

Alphatec Holdings CEO Patrick Miles reported multiple equity awards dated February 25, 2026. He received 611,673 restricted stock units (RSUs) tied to a performance-based award originally granted January 29, 2025, after confirmation that performance goals for the year ended December 31, 2025 were met. These RSUs vest in three equal installments on March 5 of 2026, 2027, and 2028.

He was also granted 305,707 additional RSUs vesting in three equal installments on March 5 of 2027, 2028, and 2029, and 48,913 RSUs in lieu of part of his 2025 cash bonus that vest on December 4, 2026. Separately, he was awarded two performance-based RSU tranches of up to 152,853 units each, which vest only if Alphatec’s stock achieves 30-day average prices of $25.00 or $36.00 per share by specified dates or if certain operational metrics set by the compensation committee are achieved by December 31, 2028 or 2030.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider Miles Patrick

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	152,853	$0.00	--
Grant/Award	Restricted Stock Units	152,853	$0.00	--
Grant/Award	Common Stock	611,673	$0.00	--
Grant/Award	Common Stock	305,707	$0.00	--
Grant/Award	Common Stock	48,913	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 152,853 shares (Direct); Common Stock — 5,643,680 shares (Direct); Common Stock — 10,900 shares (Indirect, By IRA)

Footnotes (1)

On February 25, 2026, the issuer awarded 611,673 restricted stock units (RSUs) to the reporting person under a performance based award granted to the reporting person on January 29, 2025 upon confirmation by the issuer's compensation committee of satisfaction of certain performance criteria for the fiscal year ended December 31, 2025. The RSUs vest in three equal installments on each of March 5, 2026, March 5, 2027 and March 5, 2028. Each RSU represents a contingent right to receive one share of the issuer's common stock. Beneficial ownership reflects forfeiture of 103,391 previously reported RSUs for failure to satisfy applicable performance criteria. On February 25, 2026, the issuer awarded 305,707 RSUs to the reporting person. The RSUs vest in three equal installments on each of March 5, 2027, March 5, 2028 and March 5, 2029. On February 25, 2026, the issuer granted 48,913 RSUs to the reporting person in connection with the issuer's election to grant RSUs to the reporting person in lieu of a portion of the reporting person's 2025 cash bonus. The grant was approved and adopted by the issuer's compensation committee on February 25, 2026. The RSUs vest December 4, 2026. The grant amount was determined using the 30-day average trading price of the issuer's common stock as of close of market on February 25, 2026. On February 25, 2026, the issuer granted to the reporting person an award of up to 152,853 performance-based RSUs. The RSUs vest upon the issuer's (i) common stock achieving a 30-day average trading price of at least $25.00 per share at any time prior to December 31, 2028, (ii) common stock achieving a 30-day average trading price of at least $36.00 per share at any time prior to December 31, 2030, (iii) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2028, or (iv) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2030. On February 25, 2026, the issuer granted to the reporting person an award of up to 152,853 performance-based RSUs. The RSUs vest upon the issuer's (i) common stock achieving a 30-day average trading price of at least $36.00 per share at any time prior to December 31, 2030, or (ii) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2030.

Form 4 Insider Transactions: What Each Field Means →

02/27/2026 - 09:30 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Miles Patrick

(Last)

(First)

(Middle)

C/O ALPHATEC SPINE, INC.

1950 CAMINO VIDA ROBLE

(Street)

CARLSBAD

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾⁽²⁾	02/25/2026		A⁽¹⁾		611,673⁽¹⁾	A	$0	5,643,680⁽³⁾	D
Common Stock⁽²⁾⁽⁴⁾	02/25/2026		A⁽⁴⁾		305,707⁽⁴⁾	A	$0	5,949,387	D
Common Stock⁽²⁾⁽⁵⁾	02/25/2026		A⁽⁵⁾		48,913⁽⁵⁾	A	⁽⁵⁾	5,998,300	D
Common Stock								10,900	I	By IRA
Common Stock								250,000	I	By MOM, LLC

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units⁽⁶⁾	⁽²⁾	02/25/2026		A⁽⁶⁾		152,853⁽⁶⁾		⁽⁶⁾	⁽⁶⁾	Common Stock	152,853	$0	152,853	D
Restricted Stock Units⁽⁷⁾	⁽²⁾	02/25/2026		A⁽⁷⁾		152,853⁽⁷⁾		⁽⁷⁾	⁽⁷⁾	Common Stock	152,853	$0	152,853	D

Explanation of Responses:

1. On February 25, 2026, the issuer awarded 611,673 restricted stock units (RSUs) to the reporting person under a performance based award granted to the reporting person on January 29, 2025 upon confirmation by the issuer's compensation committee of satisfaction of certain performance criteria for the fiscal year ended December 31, 2025. The RSUs vest in three equal installments on each of March 5, 2026, March 5, 2027 and March 5, 2028.

2. Each RSU represents a contingent right to receive one share of the issuer's common stock.

3. Beneficial ownership reflects forfeiture of 103,391 previously reported RSUs for failure to satisfy applicable performance criteria.

4. On February 25, 2026, the issuer awarded 305,707 RSUs to the reporting person. The RSUs vest in three equal installments on each of March 5, 2027, March 5, 2028 and March 5, 2029.

5. On February 25, 2026, the issuer granted 48,913 RSUs to the reporting person in connection with the issuer's election to grant RSUs to the reporting person in lieu of a portion of the reporting person's 2025 cash bonus. The grant was approved and adopted by the issuer's compensation committee on February 25, 2026. The RSUs vest December 4, 2026. The grant amount was determined using the 30-day average trading price of the issuer's common stock as of close of market on February 25, 2026.

6. On February 25, 2026, the issuer granted to the reporting person an award of up to 152,853 performance-based RSUs. The RSUs vest upon the issuer's (i) common stock achieving a 30-day average trading price of at least $25.00 per share at any time prior to December 31, 2028, (ii) common stock achieving a 30-day average trading price of at least $36.00 per share at any time prior to December 31, 2030, (iii) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2028, or (iv) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2030.

7. On February 25, 2026, the issuer granted to the reporting person an award of up to 152,853 performance-based RSUs. The RSUs vest upon the issuer's (i) common stock achieving a 30-day average trading price of at least $36.00 per share at any time prior to December 31, 2030, or (ii) achievement of certain operational metrics determined by the issuer's compensation committee measured as of December 31, 2030.

	/s/ Tyson E. Marshall, Attorney-in-Fact	02/27/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Alphatec (ATEC) report for CEO Patrick Miles?

Alphatec reported that CEO Patrick Miles received several equity awards on February 25, 2026, including time-based and performance-based restricted stock units and RSUs granted instead of part of his 2025 cash bonus, all at a stated price of $0.00 per share.

How many performance-based RSUs did Alphatec (ATEC) grant to its CEO?

Alphatec granted its CEO two awards of up to 152,853 performance-based RSUs each. These units vest only if the company’s stock reaches specified 30-day average prices or if operational metrics determined by the compensation committee are met by 2028 or 2030.

What are the vesting terms for Patrick Miles’ newly confirmed 611,673 RSUs at Alphatec (ATEC)?

The 611,673 RSUs tied to previously granted performance awards vest in three equal installments. The installments are scheduled for March 5, 2026, March 5, 2027, and March 5, 2028, following confirmation that performance criteria for the year ended December 31, 2025 were satisfied.

How is part of Alphatec (ATEC) CEO Patrick Miles’ 2025 bonus being paid?

Part of Patrick Miles’ 2025 bonus is being paid in equity rather than cash. On February 25, 2026, Alphatec granted 48,913 RSUs in lieu of a portion of his 2025 cash bonus, with those units scheduled to vest on December 4, 2026.

What stock price targets affect Alphatec (ATEC) CEO Patrick Miles’ performance RSUs?

Some performance RSUs vest only if Alphatec’s stock reaches specific 30-day average prices. Thresholds include at least $25.00 per share by December 31, 2028 and at least $36.00 per share by December 31, 2030, or if designated operational metrics are achieved.

Do Patrick Miles’ RSUs at Alphatec (ATEC) convert into common stock?

Each restricted stock unit represents a contingent right to receive one share of Alphatec common stock. Actual delivery depends on vesting conditions, which include time-based schedules, achievement of stock price thresholds, or satisfaction of operational metrics set by the compensation committee.