Traders should monitor for potential downward pressure on ATEC shares, especially if no offsetting corporate developments are announced. The concentration of C-suite selling suggests possible lack of confidence in near-term valuation or upcoming headwinds.
Price Chart
Executive Summary
Three senior executives at Alphatec Holdings — the COO, CFO, and EVP of Sales — sold shares in a coordinated open-market transaction cluster totaling $6.24 million over a 3-day window. The sales represent a material insider divestment by C-suite leadership at market prices near $12.30–$12.52 per share.
Key Financial Metrics
Key Facts
- Chief Operating Officer Lish Scott sold 260,535 shares for $3.20M in open-market transactions on March 13, 2026.
- Chief Financial Officer Koning John Todd sold 79,789 shares for $986K on March 13, 2026.
- EVP of Sales David Sponsel sold 163,452 shares for $2.05M on March 11, 2026.
- All transactions were open-market sales (Form 4 code 'S'), indicating deliberate cash realization.
- Total cluster value: $6.24 million, representing ~0.33% of ATEC's $1.9B market cap.
Financial Impact
$6.24 million in insider sales over 7 days, with all sellers being C-suite executives
Risk Factors
- Perceived lack of confidence from top management could erode investor sentiment.
- Potential for follow-on selling if other insiders exit positions.
- Risk of negative interpretation ahead of earnings or regulatory milestones.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-ATEC-1773783029830 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 6w ago | Insider Buy | $10.58 | awaiting T+60 | — | $10.90 (+3.02%) |
Aug 4, 2026 11w ago | Institutional Cluster | $10.35 | awaiting T+60 | — | $10.90 (+5.31%) |
Jun 11, 2026 19w ago | 144 | $8.13 $9.45 | ▲ +16.24% | ▲ +11.84% | $10.90 (+34.07%) |
Jun 11, 2026 19w ago | Institutional Cluster | $8.13 $9.45 | ▲ +16.24% | ▲ +11.84% | $10.90 (+34.07%) |
Mar 11, 2026 32w ago | Insider Cluster | $12.66 $7.68 | ▲ +39.34% | ▲ +50.86% | $10.90 (+13.90%) |
Mar 5, 2026 33w ago | Insider Cluster | $12.57 $7.48 | ▲ +40.49% | ▲ +51.79% | $10.90 (+13.29%) |
Feb 24, 2026 34w ago | 8-K | $14.04 $8.24 | ▼ −41.31% | ▼ −48.26% | $10.90 (−22.36%) |
US Market Status
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