Morici John 4
Research Summary
AI-generated summary
Align Technology (ALGN) CFO John Morici Sells 7,969 Shares
What Happened
- John Morici, Chief Financial Officer of Align Technology, sold 7,969 shares of ALGN in open-market transactions on February 18, 2026. The reported total proceeds were $1,508,646 based on an average price of $189.31 per share. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20 — filing appears timely).
- Sale type/code: S (open market sale).
- Shares sold: 7,969; reported aggregate proceeds: $1,508,646; average price reported: $189.31.
- Price range: Shares were sold in multiple trades at prices from $189.05 to $189.65 (footnote F1).
- Ownership note: Filing footnote (F2) states it includes 183 shares acquired Jan 30, 2026 under the ALGN Employee Stock Purchase Plan. The filing excerpt provided does not state total shares owned after the sale.
- No 10b5-1 plan or option exercise noted in the provided filing.
Context
- This filing documents a routine open-market sale by the company CFO. Sales by insiders can be for many reasons (taxes, diversification, liquidity) and do not by themselves indicate company performance. There was no derivative exercise or gift reported in this transaction.