Align Technology (ALGN) director gets 1,836 RSUs, 1,745 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conroy Kevin T reported acquisition or exercise transactions in this Form 4 filing.
ALIGN TECHNOLOGY INC director Kevin T. Conroy reported routine equity compensation changes. On May 20, 2026, 1,745 restricted stock units granted on May 21, 2025 fully vested and were settled in 1,745 shares of common stock, bringing his direct holdings to 3,553 shares.
On the same date, he received a new grant of 1,836 restricted stock units. These RSUs will vest on the earlier of May 20, 2027 or the next annual stockholder meeting, subject to his continued service, and are then deliverable in an equal number of common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,745 shares exercised/converted
Mixed
3 txns
Insider
Conroy Kevin T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,745 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,836 | $0.00 | -- |
| Exercise | Common Stock | 1,745 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 3,553 shares (Direct, null)
Footnotes (1)
- 100% of the restricted stock units ("RSUs") granted on May 21, 2025 vested on May 20, 2026 and shares were delivered to the Reporting Person. 100% of the RSUs granted on May 20, 2026 will become vested on the earlier of (i) May 20, 2027 or (ii) the date of the next annual meeting of stockholders. Shares will be delivered to the Reporting Person on such vesting date assuming the continued service of the Reporting Person on such vesting date.
Key Figures
RSUs vested into shares: 1,745 shares
Shares held after vesting: 3,553 shares
New RSU grant: 1,836 RSUs
+2 more
5 metrics
RSUs vested into shares
1,745 shares
RSUs granted May 21, 2025; vested May 20, 2026
Shares held after vesting
3,553 shares
Common stock directly owned after May 20, 2026 transactions
New RSU grant
1,836 RSUs
Granted May 20, 2026 to director Kevin T. Conroy
RSU vesting schedule
Earlier of May 20, 2027 or next meeting
Vesting terms for 1,836 RSUs, contingent on continued service
Derivative exercises
1,745 RSUs exercised
Exercise or conversion of derivative security on May 20, 2026
Key Terms
Restricted Stock Units, derivative exercise/conversion, Grant, award, or other acquisition, vested
4 terms
Restricted Stock Units financial
"100% of the restricted stock units ("RSUs") granted on May 21, 2025 vested on May 20, 2026"
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vested financial
"100% of the restricted stock units ("RSUs") granted on May 21, 2025 vested on May 20, 2026"
FAQ
What insider transactions did Align Technology (ALGN) director Kevin T. Conroy report?
Kevin T. Conroy reported equity compensation activity, not open-market trades. 1,745 previously granted RSUs vested into common stock, and he received a new grant of 1,836 RSUs that may convert into shares upon future vesting.
What happened to the 1,745 restricted stock units reported by Align Technology (ALGN) director Conroy?
All 1,745 restricted stock units granted on May 21, 2025 fully vested on May 20, 2026. These units were settled in 1,745 shares of Align Technology common stock delivered to Kevin T. Conroy as compensation.
What are the vesting terms of the new 1,836 RSUs granted to Align Technology (ALGN) director Conroy?
The 1,836 RSUs granted on May 20, 2026 vest on the earlier of May 20, 2027 or the next annual stockholder meeting. Delivery of common shares requires Kevin T. Conroy’s continued service through that vesting date.