Alphatec Holdings, Inc. (ATEC) saw its stock price surge by 5.92% on November 4, following the company's announcement of its participation in multiple upcoming investor conferences and the granting of restricted stock units (RSUs) to new employees.
The medical device company dedicated to spine surgery innovations revealed that its management team would participate in investor conferences hosted by Stifel, Jefferies, Piper Sandler, and Stifel MedTech Madness West Coast Bus Tour between November and December 2024. These events provide opportunities for Alphatec to engage with investors and showcase its business strategies and growth prospects.
Additionally, Alphatec granted a total of 57,170 RSUs to 18 new employees who are not executive officers. These RSUs will vest in equal installments over four years, provided the recipients remain employed by the company. The grants serve as an inducement for attracting and retaining talent, aligning employee interests with those of shareholders.
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