Director at Align Technology (ALGN) receives 1,745 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALIGN TECHNOLOGY INC director George J. Morrow reported a routine equity compensation event. On May 20, 2026, 1,745 Restricted Stock Units (RSUs) granted on May 21, 2025 fully vested and were converted into an equal number of shares of common stock delivered to him.
Following this RSU vesting, he directly holds 5,036 shares of Align Technology common stock. In addition, 3,273 shares are held indirectly through a family trust. The filing shows no share sales or tax-withholding dispositions, and no remaining derivative position from this RSU grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,745 shares exercised/converted
Mixed
3 txns
Insider
MORROW GEORGE J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,745 | $0.00 | -- |
| Exercise | Common Stock | 1,745 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 5,036 shares (Direct, null);
Common Stock — 3,273 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
RSUs vested: 1,745 shares
Direct holdings after transaction: 5,036 shares
Indirect holdings via family trust: 3,273 shares
+2 more
5 metrics
RSUs vested
1,745 shares
100% of RSUs granted May 21, 2025 vested May 20, 2026
Direct holdings after transaction
5,036 shares
Common stock directly owned after RSU vesting
Indirect holdings via family trust
3,273 shares
Common stock held indirectly by Family Trust
Exercise price of RSUs
$0.00 per share
Conversion or exercise price for vested RSUs
Derivative position after vesting
0 RSUs
Restricted Stock Units remaining after 1,745 vested
Key Terms
Restricted Stock Units, Family Trust, derivative security, Form 4
4 terms
Restricted Stock Units financial
"100% of the restricted stock units ("RSUs") granted on May 21, 2025 vested"
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.
Family Trust financial
"Common Stock ... indirect ... nature_of_ownership: "By Family Trust""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Align Technology (ALGN) report for George J. Morrow?
Align Technology director George J. Morrow reported RSU vesting that delivered 1,745 common shares. The event reflects routine equity compensation rather than an open-market purchase or sale, with no cash sale proceeds or tax-withholding dispositions disclosed in the filing.
What does the RSU footnote in George J. Morrow’s Align Technology filing explain?
The footnote explains that 100% of the Restricted Stock Units granted on May 21, 2025 vested on May 20, 2026. Upon vesting, shares of Align Technology common stock were delivered to the reporting person, clarifying that this transaction is compensation-related.