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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
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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*
Hunsaker Craig E

(Last) (First) (Middle)
C/O ALPHATEC SPINE, INC.
1950 CAMINO VIDA ROBLE

(Street)
CARLSBAD CA 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, PEOPLE & CULTURE
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
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)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 M 31,710 A $1.93 1,204,735 D
Common Stock 02/12/2026 M 120,248 A $1.68 1,324,983 D
Common Stock 02/12/2026 M 78,249 A $2.69 1,403,232 D
Common Stock 02/12/2026 M 20,969 A $3.09 1,424,201 D
Common Stock 02/12/2026 F(1) 41,105 D $13.1(1) 1,383,096 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $1.93 02/12/2026 M 31,710 06/15/2017(2) 06/15/2027 Common Stock 31,710 $0 0 D
Employee Stock Option (right to buy) $1.68 02/12/2026 M 120,248 07/26/2018(3) 07/26/2027 Common Stock 120,248 $0 0 D
Employee Stock Option (right to buy) $2.69 02/12/2026 M 78,249 07/30/2019(3) 07/30/2028 Common Stock 78,249 $0 0 D
Employee Stock Option (right to buy) $3.09 02/12/2026 M 20,969 02/21/2018(3) 02/21/2027 Common Stock 20,969 $0 104,031 D
Explanation of Responses:
1. On February 12, 2026, the reporting person exercised options to purchase 31,710 shares of the issuer's common stock for $1.93 per share, 120,248 shares of the issuer's common stock for $1.68 per share, 78,249 shares of the issuer's common stock for $2.69 per share, and 20,969 shares of the issuer's common stock for $3.09 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 41,105 of the option shares to pay the exercise price and issuing to the reporting person 210,071 shares.
2. The option grant was approved by a committee of the issuer's Board of Directors on February 21, 2017, subject to shareholder approval of an amendment to the issuer's 2016 Equity Incentive Plan to increase the maximum number of shares that may be granted to any one participant during a one-year period to 500,000. The issuer's shareholders approved the amendment on June 15, 2017. The option vested in 36 monthly installments beginning March 21, 2017, except that all vesting attributable to periods prior to June 15, 2017 was deemed to have occurred on June 15, 2017.
3. The option vested 25% on the first anniversary of the grant date and thereafter in 36 equal monthly installments.
/s/ Tyson E. Marshall, Attorney-in-Fact 02/17/2026
** 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.