Align Technology (NASDAQ: ALGN) EVP granted stock units and has shares withheld for taxes

Rhea-AI Filing Summary

ALIGN TECHNOLOGY INC executive Julie Ann Coletti reported multiple equity transactions involving company stock and stock units. On February 20, 2026, she received a grant of 5,493 Restricted Stock Units and 11,153 Market Stock Units, both at a price of $0.00 per unit. The filing notes that the market stock unit amount reflects the target number of shares, and that up to 250% of this target may vest depending on performance.

The report also shows several exercises of previously granted restricted stock units and market stock units on the same date, resulting in the acquisition of 5,864 shares of common stock through derivative exercises. In connection with these equity events, 1,718 shares of common stock were disposed of at $190.02 per share to satisfy tax obligations through share withholding, leaving Coletti with 11,445 shares of common stock held directly after these transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Coletti Julie Ann

(Last) (First) (Middle)

C/O ALIGN TECHNOLOGY, INC.

410 N. SCOTTSDALE ROAD., SUITE 1300

(Street)

TEMPE AZ 85288

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALIGN TECHNOLOGY INC [ ALGN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CHIEF LEGAL & REGULATORY

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/20/2026		M		5,864	A	$0	13,163(1)	D
Common Stock	02/20/2026		F		1,718	D	$190.02	11,445	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	$0.0001(2)	02/20/2026		A		5,493		(3)	(3)	Common Stock	5,493	$0	5,493	D
Market Stock Unit	$0.0001(2)	02/20/2026		A		11,153		(4)	(4)	Common Stock	11,153	$0	11,153	D
Restricted Stock Unit	$0.0001(2)	02/20/2026		M			598	(5)	(5)	Common Stock	598	$0	1,195	D
Restricted Stock Unit	$0.0001(2)	02/20/2026		M			947	(6)	(6)	Common Stock	947	$0	2,841	D
Restricted Stock Unit	$0.0001(2)	02/20/2026		M			291	(7)	(7)	Common Stock	291	$0	0	D
Market Stock Unit	$0.0001(2)	02/20/2026		M			3,490	(8)	(8)	Common Stock	3,490	$0	0	D
Restricted Stock Unit	$0.0001(2)	02/20/2026		M			538	(9)	(9)	Common Stock	538	$0	538	D

Explanation of Responses:

1. Includes 120 shares acquired on January 30, 2026 and 69 shares acquired on January 31, 2025 under the ALGN Employee Stock Purchase Plan.

2. Represents par value of ALGN common stock.

3. 1/4th of the restricted stock unit granted on February 20, 2026 will become vested on February 20, 2027 and shares will be delivered to reporting person on such date. 1/4th of restricted stock unit will vest annually thereafter and shares will be delivered to reporting person on such vest date.

4. Represents the number of shares which may be issued at target under the market stock unit. 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 unit occurs on the last day of the third year of the Performance Period (as defined in the market stock unit agreement).

5. 1/4th of the restricted stock unit granted on February 20, 2024 became vested on February 20, 2026 and shares were delivered to reporting person on such grant date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each such vest date.

6. 1/4th of the restricted stock unit granted on February 20, 2025 became vested on February 20, 2026 and shares were delivered to reporting person on such grant date.1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each such vest date.

7. 1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2026 and shares were delivered to reporting person on such grant date.

8. The market stock unit granted on February 20, 2023 became vested on February 20, 2026 and shares were delivered to reporting person on such vest date.

9. 1/4th of the restricted stock unit granted on February 20, 2023 became vested on February 20, 2026 and shares were delivered to reporting person on such grant date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each such vest date.

	/s/ Julie Ann Coletti	02/24/2026
	** Signature of Reporting Person	Date
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FAQ

What did ALGN executive Julie Ann Coletti report in her latest Form 4 filing?

Julie Ann Coletti reported new equity awards and related share activity. She received restricted and market stock unit grants, exercised previously granted units into common shares, and had some shares withheld to cover taxes, all dated February 20, 2026.

How many stock units were granted to Julie Ann Coletti of ALGN on February 20, 2026?

She received 5,493 Restricted Stock Units and 11,153 Market Stock Units. Both grants were recorded at a price of $0.00 per unit, reflecting typical equity compensation rather than an open-market purchase of Align Technology (ALGN) shares.

What is the performance feature of the ALGN market stock units granted to Julie Ann Coletti?

The market stock units reflect a target share amount, and up to 250% of this target may vest if performance exceeds target. Vesting, if any, occurs on the last day of the third year of the defined performance period under the applicable agreement.

Did Julie Ann Coletti sell Align Technology (ALGN) stock in the open market in this Form 4?

The filing shows a disposition of 1,718 common shares at $190.02 per share coded as “F.” This represents shares withheld or delivered to satisfy tax obligations tied to equity vesting, not a discretionary open-market sale transaction.

How many ALGN common shares does Julie Ann Coletti hold after these reported transactions?

After the reported exercises and tax-withholding disposition, Julie Ann Coletti directly holds 11,445 shares of Align Technology common stock. This figure reflects the net position following the issuance of shares from vested units and the related tax-share withholding.

How do the restricted stock units granted to ALGN’s Julie Ann Coletti vest over time?

One quarter of the February 20, 2026 restricted stock unit grant is scheduled to vest on February 20, 2027, with additional quarters vesting annually thereafter. Shares are delivered to her on each applicable vesting date, subject to continued eligibility.