Monitor for additional selling from other insiders or downward revisions in company fundamentals; this level of divestiture by a senior executive may signal reduced confidence, especially if not part of a pre-arranged plan.
Price Chart
Executive Summary
Alphatec Holdings EVP of Sales, David Sponsel, sold over 163,000 shares in an open-market transaction valued at approximately $2.05 million. This represents a significant insider sale, though consistent with recent selling trends given $3.2M in insider sales over the past 30 days.
Key Financial Metrics
Key Facts
- EVP of Sales David Sponsel sold 163,452 shares at $12.52 per share for total proceeds of $2,046,419.
- This sale was executed in the open market (Form 4 code 'S'), indicating a direct liquidity event.
- Represents 64% of the $3.2M in total insider selling over the past 30 days.
- Sale amount equals ~0.11% of Alphatec's $1.9B market cap — modest but notable for a single insider transaction.
Financial Impact
$2.05 million in open-market selling by a C-suite executive
Risk Factors
- Perception of insider pessimism, particularly from a revenue-generating executive (EVP of Sales).
- Potential for follow-on selling or negative market reaction if no public rationale is provided.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (1 trades, 7d window) | cluster-ATEC-1773439242361 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 6w ago | Insider Buy | $10.58 | awaiting T+60 | — | $10.85 (+2.55%) |
Aug 4, 2026 11w ago | Institutional Cluster | $10.35 | awaiting T+60 | — | $10.85 (+4.83%) |
Jun 11, 2026 19w ago | 144 | $8.13 $9.45 | ▲ +16.24% | ▲ +11.84% | $10.85 (+33.46%) |
Jun 11, 2026 19w ago | Institutional Cluster | $8.13 $9.45 | ▲ +16.24% | ▲ +11.84% | $10.85 (+33.46%) |
Mar 11, 2026 32w ago | Insider Cluster | $12.66 $7.68 | ▲ +39.34% | ▲ +50.86% | $10.85 (+14.30%) |
Mar 5, 2026 33w ago | Insider Cluster | $12.57 $7.48 | ▲ +40.49% | ▲ +51.79% | $10.85 (+13.68%) |
Feb 24, 2026 34w ago | 8-K | $14.04 $8.24 | ▼ −41.31% | ▼ −48.26% | $10.85 (−22.72%) |
US Market Status
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