COO Lish Scott sells 260.5K shares at $12.30; stock down -42.5% from 52-week high, post-sale holdings decline 24.2%
Lish Scott, Chief Operating Officer, sold 260,535 shares of ATEC at $12.30 on 2026-03-13, reducing his holdings by 24.2% from 1.08M to 815.7K shares. The sale occurred as the stock trades at $13.05, down -42.5% from its 52-week high of $22.68 and down -33.3% over the past 90 days. Notably, Scott's prior four sales at ATEC have had an unfavorable timing pattern: three of those sales were followed by 90-day gains of 28.6%, 35.6%, and 30.3% respectively, meaning he sold before subsequent rallies. The company itself remains unprofitable with a net loss of $28.6M despite $196.5M in quarterly revenue, and annual growth of 25.0%, raising questions about the path to profitability. The magnitude of this insider reduction—nearly one-quarter of his holdings—combined with the company's loss position and the historical pattern of his sales preceding rallies, warrants investor attention to whether fundamentals have deteriorated further.