Align Technology executive reports initial holdings
Align Technology executive Jaime Holte Richardson filed an initial ownership report showing a mix of common shares and equity awards.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Align Technology executive Jaime Holte Richardson filed an initial ownership report showing a mix of common shares and equity awards. She holds 937 shares of common stock, plus multiple grants of restricted stock units and market stock units that can convert into common shares at a nominal $0.0001 per-share exercise price.
The RSU awards cover 290, 579, 1,101 and 2,746 underlying shares that vest annually on grant anniversaries between February 20, 2027 and February 20, 2029. A separate market stock unit grant covers 5,576 target shares, with up to 250% of that amount eligible to vest based on performance at the end of a three-year performance period.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Richardson Jaime Holte
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Market Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,716 contracts (Direct);
Market Stock Units — 5,576 contracts (Direct);
Common Stock — 937 shares (Direct)
Footnotes (6)
- F1. On February 20, 2023, the reporting person received an award of 1,160 restricted stock units ("RSU"s), vesting 25% on each anniversary of the grant date. The remaining 290 unvested shares will vest in full on February 20, 2027, and shares will be delivered to the reporting person on such vesting date.
- F2. Represents par value of ALGN common stock.
- F3. On February 20, 2024, the reporting person received an award of 1,159 RSUs, vesting 25% on each anniversary of the grant date. The remaining 579 unvested shares will vest in equal installments on February 20, 2027 and February 20, 2028, and shares will be delivered to the reporting person on each such vesting date.
- F4. On February 20, 2025, the reporting person received an award of 1,469 RSUs, vesting 25% on each anniversary of the grant date. The remaining 1,101 unvested shares will vest in equal installments on February 20, 2027, February 20, 2028 and February 20, 2029, and shares will be delivered to the reporting person on each such vesting date.
- F5. On February 20, 2026, the reporting person received an award of 2,746 RSUs, vesting 25% on each anniversary of the grant date, and shares will be delivered to the reporting person on each such vesting date.
- F6. Represents the number of shares which may be issued at target pursuant to the market stock units granted on February 20, 2026. If performance exceeds target, the maximum number of shares that may vest is 250% of the at target amount. Vesting, if any, of the market stock units occurs on the last day of the third year of the Performance Period (as defined in the market stock unit agreement).
Key Figures
Common stock held: 937 shares
RSU underlying shares (grant 1): 290 shares
RSU underlying shares (grant 2): 579 shares
+5 more
8 metrics
Common stock held
937 shares
Direct ownership as reported in Form 3
RSU underlying shares (grant 1)
290 shares
Unvested portion of 2023 RSU award vesting on February 20, 2027
RSU underlying shares (grant 2)
579 shares
Unvested portion of 2024 RSU award vesting in 2027 and 2028
RSU underlying shares (grant 3)
1,101 shares
Unvested portion of 2025 RSU award vesting 2027–2029
RSU underlying shares (grant 4)
2,746 shares
2026 RSU award vesting 25% annually from grant date
Market stock units target shares
5,576 shares
Target shares for 2026 market stock unit grant
Market stock units max vesting multiplier
250% of target
Maximum shares that may vest if performance exceeds target
Equity award exercise price
$0.0001 per share
Exercise/conversion price for RSUs and market stock units
Key Terms
Restricted Stock Units, Market Stock Units, Performance Period, par value, +1 more
5 terms
Restricted Stock Units financial
"the reporting person received an award of 1,160 restricted stock units ("RSU"s)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Market Stock Units financial
"Represents the number of shares which may be issued at target pursuant to the market stock units granted"
Performance Period financial
"the third year of the Performance Period (as defined in the market stock unit agreement)"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
par value financial
"Represents par value of ALGN common stock."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
vesting financial
"vesting 25% on each anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Align Technology (ALGN) Form 3 filing show for Jaime Holte Richardson?
The Form 3 shows Jaime Holte Richardson’s existing ownership in Align Technology, including 937 common shares and several restricted and market stock unit awards that can convert into common stock over time as vesting and performance conditions are met.
What restricted stock unit (RSU) awards are reported for Jaime Holte Richardson at Align Technology (ALGN)?
She holds RSU awards tied to 290, 579, 1,101 and 2,746 underlying Align Technology shares. These RSUs generally vest 25% on each anniversary of their respective grant dates, with remaining shares vesting between February 20, 2027 and February 20, 2029.
What are the market stock units reported for Jaime Holte Richardson at Align Technology (ALGN)?
The filing lists market stock units granted on February 20, 2026 covering 5,576 target shares. If performance exceeds target, up to 250% of that target amount may vest, with vesting, if any, occurring on the last day of the three-year performance period.
Do the reported Align Technology (ALGN) equity awards for Jaime Holte Richardson have an exercise price?
The restricted stock units and market stock units reference an exercise price of $0.0001 per underlying share. This nominal amount indicates the units convert into Align Technology common stock at virtually no cost when vesting and performance conditions are met.
Are there any buy or sell transactions in this Align Technology (ALGN) Form 3 for Jaime Holte Richardson?
The Form 3 is an initial ownership report and lists holdings rather than new trades. It shows existing common stock, restricted stock units, and market stock units, without recording open-market purchases or sales by Jaime Holte Richardson in this disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates