Align director converts 1,745 stock units to shares
Myong Anne reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Myong Anne reported acquisition or exercise transactions in this Form 4 filing.
ALIGN TECHNOLOGY INC director Anne Myong reported routine equity compensation activity. On May 20, 2026, 1,745 Restricted Stock Units (RSUs) granted on May 21, 2025 fully vested and were settled in Common Stock, increasing her direct holdings to 9,830 shares. She also received a new grant of 1,836 RSUs that will vest on the earlier of May 20, 2027 or the next annual stockholder meeting, assuming continued service.
Insider Trade Summary
1,745 shares exercised/converted
Exercise
3 txns
Insider
Myong Anne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,745 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,836 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,745 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,836 contracts (Direct);
Common Stock — 9,830 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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: 1,745 units
Common Stock after vesting: 9,830 shares
New RSU grant: 1,836 units
+2 more
5 metrics
RSUs vested
1,745 units
RSUs granted May 21, 2025 vested on May 20, 2026
Common Stock after vesting
9,830 shares
Direct holdings following RSU settlement on May 20, 2026
New RSU grant
1,836 units
Granted May 20, 2026, vesting by May 20, 2027 or next annual meeting
Exercise transactions
1 transaction, 1,745 shares
Derivative exercise/conversion on May 20, 2026
Acquisition transactions
3 acquisitions
All classified as acquire direction in transaction summary
Key Terms
Restricted Stock Units, derivative security, grant, award, or other acquisition, vesting
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 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting financial
"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."
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 insider transactions did Anne Myong report for ALIGN TECHNOLOGY INC (ALGN)?
Anne Myong reported routine equity compensation activity. 1,745 RSUs vested and converted into Common Stock, and she received a new grant of 1,836 RSUs, all dated May 20, 2026, with no open-market buying or selling involved.
What happened to the 1,745 Restricted Stock Units reported by Anne Myong at ALIGN TECHNOLOGY INC (ALGN)?
The 1,745 RSUs granted on May 21, 2025 fully vested on May 20, 2026. Upon vesting, they were settled in shares of ALIGN TECHNOLOGY INC Common Stock and delivered to Anne Myong as part of her equity compensation.
What are the vesting terms of the new 1,836 RSUs granted to Anne Myong at ALGN?
The 1,836 RSUs granted on May 20, 2026 vest on the earlier of May 20, 2027 or the date of the next annual stockholder meeting, provided Anne Myong continues in service through that vesting date, when shares will then be delivered.
Did Anne Myong buy or sell ALIGN TECHNOLOGY INC (ALGN) stock on the open market?
No open-market purchases or sales were reported. The filing shows RSUs vesting into Common Stock and a new RSU grant, both classified as acquisitions through equity compensation, not discretionary market trades of ALGN shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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