Align Technology director exercises RSUs, gets new grant
ALIGN TECHNOLOGY INC director Poul Mojdeh reported routine equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
ALIGN TECHNOLOGY INC director Poul Mojdeh reported routine equity compensation activity. He exercised derivative securities covering 1,745 shares of Common Stock, bringing his direct Common Stock holdings to 3,553 shares. He also received a grant of 1,836 Restricted Stock Units, which are scheduled to vest on the earlier of May 20, 2027 or the next annual stockholder meeting, subject to continued service.
Insider Trade Summary
1,745 shares exercised/converted
Exercise
3 txns
Insider
Poul Mojdeh
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 — 3,553 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
Common Stock acquired via exercise: 1,745 shares
Common Stock held after exercise: 3,553 shares
New RSU grant: 1,836 units
+2 more
5 metrics
Common Stock acquired via exercise
1,745 shares
Exercise or conversion of derivative security on May 20, 2026
Common Stock held after exercise
3,553 shares
Direct holdings following transactions on May 20, 2026
New RSU grant
1,836 units
Restricted Stock Units granted on May 20, 2026
Underlying shares for new RSUs
1,836 shares
Common Stock underlying RSUs granted May 20, 2026
Vested RSUs converted
1,745 units
RSUs granted May 21, 2025, vested May 20, 2026
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"
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 Poul Mojdeh report for ALIGN TECHNOLOGY INC (ALGN)?
Director Poul Mojdeh reported routine equity compensation activity, including exercising derivative securities into 1,745 shares of Common Stock and receiving 1,836 new Restricted Stock Units, all held directly. No open-market purchases or sales were reported in this Form 4.
What Restricted Stock Unit awards did Poul Mojdeh receive from ALIGN TECHNOLOGY INC (ALGN)?
Poul Mojdeh received a grant of 1,836 Restricted Stock Units tied to ALIGN TECHNOLOGY INC Common Stock. These RSUs will vest on the earlier of May 20, 2027 or the company’s next annual stockholder meeting, assuming his continued service through that vesting date.
When did previously granted RSUs for ALIGN TECHNOLOGY INC (ALGN) vest for Poul Mojdeh?
RSUs granted to Poul Mojdeh on May 21, 2025 vested 100% on May 20, 2026. Upon this vesting, shares of ALIGN TECHNOLOGY INC Common Stock were delivered to him, which aligns with the 1,745-share derivative exercise reported in the Form 4 filing.
Does the ALIGN TECHNOLOGY INC (ALGN) Form 4 show any stock sales by Poul Mojdeh?
The Form 4 does not show any stock sales by Poul Mojdeh. It records only an exercise or conversion of derivative securities into Common Stock and a new Restricted Stock Unit grant, both characterized as acquisitions rather than dispositions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates