Alphatec CEO Miles Patrick Purchases $1 Million Worth of Shares
Miles Patrick, the Chairman and CEO of Alphatec Holdings (NASDAQ: ATEC), purchased approximately 115,000 shares for a total value of $1 million on September 10, 2026. The transaction was disclosed via an SEC Form 4 filing and involved multiple open-market trades at prices ranging from $8.73 to $8.84 per share. Patrick now holds approximately 5.9 million shares directly and over 260,900 indirectly through various entities like MOM, LLC and an IRA, giving him a total stake of around 6.2 million shares with a market value exceeding $54 million as of the transaction date. Alphatec reported trailing twelve-month revenue of $815.1 million but also recorded a net loss of $110 million during that period. The purchase is seen by some analysts as a bullish signal, given Patrick's long tenure at the company and his direct financial commitment to its stock.
Tickers: $ATEC
Topics: CEO activity SEC filing stock purchase