Align director Quentin Blackford lists no ALGN stake
ALIGN TECHNOLOGY INC (ALGN) filed an initial statement of beneficial ownership (Form 3) for Quentin S. Blackford, who is identified as a director of the company.
Rhea-AI Filing Summary
ALIGN TECHNOLOGY INC (ALGN) filed an initial statement of beneficial ownership (Form 3) for Quentin S. Blackford, who is identified as a director of the company. The filing does not report any equity transactions or initial holdings, and includes an exhibit for a limited power of attorney.
Positive
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Negative
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Key Terms
Form 3, beneficial ownership, limited power of attorney
3 terms
Form 3 regulatory
"filed an initial statement of beneficial ownership (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"filed an initial statement of beneficial ownership (Form 3)"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
limited power of attorney legal
"Exhibit List 24 - Limited Power of Attorney."
FAQ
What does this Form 3 filing mean for ALIGN TECHNOLOGY INC (ALGN)?
The Form 3 reports that Quentin S. Blackford is a director of ALIGN TECHNOLOGY INC. It is an initial disclosure of his status as a reporting person, but it does not show any reported holdings or transactions in ALGN securities.
Does the Form 3 show any stock transactions for Quentin S. Blackford in ALGN?
No. The Form 3 indicates no reported transactions, with counts for buy, sell, acquire, and dispose all at 0. It is purely an initial beneficial ownership statement without trade activity.
Is there any Rule 10b5-1 trading plan disclosed in this ALGN Form 3?
No. The document-level Rule 10b5-1 indicator is null, and there are no transactions or footnotes describing a trading plan, so no 10b5-1 trading activity is disclosed.
What additional document is referenced in this ALGN Form 3 filing?
The remarks state: “Exhibit List 24 - Limited Power of Attorney.” This indicates that a limited power of attorney related to the Form 3 reporting is included as an exhibit.
AI-generated analysis. How Rhea-AI works. Not financial advice.