Insider Trading February 4, 2026

Alphatec EVP Sells 37,358 Shares in Pre-Set Plan as Company Reports Mixed Quarter

Craig Hunsaker disposes of roughly $549,500 in stock under 10b5-1 plan; Alphatec posts modest beats and trims guidance growth expectations

By Leila Farooq ATEC
Alphatec EVP Sells 37,358 Shares in Pre-Set Plan as Company Reports Mixed Quarter
ATEC

Alphatec Holdings Executive Vice President of People & Culture Craig E. Hunsaker sold 37,358 shares on February 3, 2026 under a pre-arranged Rule 10b5-1 trading plan to cover tax obligations tied to vested restricted stock units. The company posted preliminary fourth-quarter and full-year 2025 results that modestly beat expectations, but the stock fell nearly 20% after management issued 2026 revenue guidance of $890 million.

Key Points

  • Executive Vice President Craig E. Hunsaker sold 37,358 shares on Feb. 3, 2026 under a Rule 10b5-1 plan to cover tax obligations from vested RSUs.
  • Alphatec reported preliminary Q4 and full-year 2025 results that modestly beat expectations and set 2026 revenue guidance of $890 million, implying 17% growth.
  • The stock dropped nearly 20% after the announcement; several brokerages maintained Buy ratings though price targets and valuation views varied.

Transaction details

Craig E. Hunsaker, Executive Vice President, People & Culture at Alphatec Holdings Inc. (NASDAQ: ATEC), sold 37,358 shares of common stock on February 3, 2026 for approximately $549,536, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed at a weighted average price of $14.71 per share, with individual trades reported in the range of $14.38 to $14.91.

The filing states the disposition was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2025. The plan was implemented to cover tax obligations associated with the vesting of restricted stock units.


Post-sale ownership and equity adjustments

After the February 3 transaction, Hunsaker directly holds 1,173,025 shares of Alphatec. The Form 4 also notes that 46,175 previously reported restricted stock units were forfeited because certain performance criteria were not met.


Financial snapshot and recent results

Alphatec is currently not profitable on a trailing twelve-month basis, recording earnings per share of -$1.05. Analyst expectations reflected in available research suggest the company should move to profitability this year. The company has reported robust top-line expansion, with revenue growth of 27% noted in filings and commentary.

In its preliminary release for the fourth quarter and full-year 2025, Alphatec modestly exceeded expectations. Management provided a 2026 revenue forecast of $890 million, representing 17% growth year-over-year. That forecast is below the company’s historical growth rate but is slightly above the analyst consensus figure of $886.9 million.


Market reaction and analyst positioning

Following the preliminary results and guidance, Alphatec’s share price fell sharply, declining nearly 20% after the announcement. Several brokerages issued or reiterated coverage notes: Freedom Capital Markets and Canaccord Genuity both maintained Buy ratings with $25.00 price targets. TD Cowen revised its price target downward to $20.00 from $27.00, citing valuation concerns while retaining a Buy rating. Stifel commented that Alphatec’s Q4 2025 revenue growth showed a deceleration relative to more recent quarters but remained above historical averages; Stifel attributed the slowdown to particularly strong earlier-quarter performance rather than to a material downturn.

Alphatec is preparing to present at the upcoming JPM healthcare conference, according to the company’s investor communications.


Where to find further analysis

Comprehensive analyst research and equity reports are available through the company’s research publications and extended coverage platforms for investors seeking additional detail on Alphatec and a broad set of US-listed equities.

Risks

  • Company remains unprofitable on a trailing twelve-month basis with EPS of -$1.05 - impacts equity valuations in the healthcare and medical-device sector.
  • Forecasted 17% revenue growth for 2026 is below Alphatec’s historical pace, presenting execution and investor expectation risk - relevant to investors in healthcare and medical-equipment equities.
  • Forfeiture of 46,175 restricted stock units due to unmet performance criteria signals potential performance variability that could affect executive compensation and investor sentiment in the healthcare sector.

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