ALIGN TECHNOLOGY INC 8-K

What Happened

• Align Technology, Inc. filed a Form 8-K reporting a board leadership change. On June 17, 2026, C. Raymond Larkin, Jr. notified the Board he will retire as Chairman effective July 1, 2026 and will resign from the Board effective December 31, 2026. The Board appointed independent director Kevin Conroy to succeed Mr. Larkin as Chairman effective July 1, 2026. The company issued a press release on June 18, 2026 announcing the transition (Exhibit 99.1).

Key Details

• Date of notice: June 17, 2026; press release issued June 18, 2026; 8-K filed June 22, 2026.
• Leadership change: Larkin steps down as Chairman on July 1, 2026 and will leave the Board on December 31, 2026.
• Successor: Kevin Conroy, an independent director, named Chairman effective July 1, 2026.
• Departure context: Larkin’s decision is not due to any disagreement with the company’s operations, policies, or practices, and he was not removed for cause.

Why It Matters

• This is a governance and leadership update that may affect Board oversight and investor perception of continuity at Align. The appointment of an independent director as Chair suggests the company maintains independent board leadership. Larkin’s planned year-end exit provides a transition window, and the company’s disclosure of no disagreement reduces concerns about an abrupt or contentious departure. There is no disclosure of any immediate financial impact in the filing.