MORROW GEORGE J 4

What Happened George J. Morrow, a director of Align Technology, received 1,745 common shares on May 20, 2026 through the conversion/vesting of a derivative award (reported with transaction code M). The Form 4 lists an exercise/conversion price of $0.00, meaning no cash was paid on conversion; the filing does not state a market value for the shares delivered.

Key Details

• Transaction date: May 20, 2026; Form 4 filed: May 22, 2026 (two days later).
• Reported transactions: conversion/exercise (code M) of 1,745 derivative units to 1,745 shares at $0.00.
• Shares owned after the transaction: not specified in the excerpt of the filing.
• Footnote: 100% of the RSUs granted on May 21, 2025 vested on May 20, 2026 and shares were delivered to the reporting person (Footnote F1).
• Timeliness: filing appears timely (filed two days after the transaction).

Context This was not an open-market purchase or sale — it reflects RSU vesting/conversion into common shares. The report shows conversion of the derivative award (the derivative entry is removed/converted), not a sale; therefore it does not by itself indicate insider selling or buying intent. The $0.00 exercise/ conversion price is standard for RSU deliveries; the economic value realized equals the market price at vesting but that market value is not provided in this filing.