02/17/2026 | Press release | Distributed by Public on 02/17/2026 17:55
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| 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 | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Hunsaker Craig E C/O ALPHATEC SPINE, INC. 1950 CAMINO VIDA ROBLE CARLSBAD, CA 92008 |
EVP, PEOPLE & CULTURE | |||
| /s/ Tyson E. Marshall, Attorney-in-Fact | 02/17/2026 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (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. |