ATEC 8-K
Alphatec Holdings, Inc. (ATEC)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 25, 2026, Ward W. Woods informed Alphatec Holdings, Inc. (the “Company”) that he had decided to retire from the Board of Directors (the “Board”), effective February 27, 2026 (the “Departure Date”), for personal reasons and not as a result of any disagreement with the Company or any matter relating to the Company’s operations, policies, or practices. Mr. Woods also served as a member of the Board’s Compensation Committee.
In connection with his departure from the Board, Mr. Woods and the Company entered into a Vesting Acceleration Agreement (the “Vesting Agreement”). Pursuant to the Vesting Agreement, any restricted stock units granted to Mr. Woods on June 11, 2025, that remain unvested as of the Departure Date shall become fully vested as of such date. The foregoing summary of the Vesting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Vesting Agreement, which is filed as Exhibit 10.1 hereto.
Item 8.01 Other Events.
On February 26, 2026, the Board set the number of directors at seven to reflect the reduction in the number of directors serving on the Board from eight to seven following Mr. Woods’s resignation.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
10.1 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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Alphatec Holdings, Inc. |
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Date: |
March 3, 2026 |
By: |
/s/ J. Todd Koning |
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J. Todd Koning |
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Exhibit 10.1 |
VESTING ACCELERATION AGREEMENT
THIS VESTING ACCELERATION AGREEMENT (this “Agreement”), dated as of February 25, 2026 (the “Effective Date”), is entered into by and between Alphatec Holdings, Inc. (the “Company”), and Ward W. Woods (“Director”).
WHEREAS, the Company and Director currently are parties to certain agreements related to the Company’s equity, including those certain 15,131 restricted stock units granted to Director on June 11, 2025, representing a contingent right to receive one share of the Company’s common stock for each restricted stock unit subject to certain vesting prerequisites, of which 4,269 remain unvested (the “June 2025 Grant”); and
WHEREAS, the Company has agreed to modify the June 2025 Grant as set forth in this Agreement following the departure of the Director from the Company’s Board of Directors on February 27, 2026 (the “Departure Date”).
NOW THEREFORE, for consideration duly given, the undersigned agree to the following:
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The undersigned do hereby agree to be bound by the terms and conditions of this Agreement.
ALPHATEC HOLDINGS, INC.
Name: Patrick S. Miles Title: CEO & Chairman |
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WARD W. WOODS
By:__________________________ Name: Ward W. Woods
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