Dallas Kevin J 4

What Happened
Kevin J. Dallas, a director of Align Technology (ALGN), had 1,745 derivative shares converted/delivered and recorded as both an acquisition and a concurrent disposition at $0.00 on May 20, 2026, and was granted 1,836 restricted stock units (RSUs) the same day. All transactions are reported with $0 per-share price (total reported value $0). The primary activity is the vesting/delivery of previously granted RSUs and a new RSU award — not an open-market buy or sale.

Key Details

• Transaction date: May 20, 2026 (filed May 22, 2026). Filing appears timely.
• Reported trades:
  • Exercise/conversion of derivative (code M): 1,745 shares acquired @ $0.00 (total $0).
  • Exercise/conversion of derivative (code M): 1,745 shares disposed @ $0.00 (total $0).
  • Grant/award (code A): 1,836 RSUs acquired @ $0.00 (total $0).
• Shares owned after transaction: not specified in the excerpt of the filing.
• Footnotes:
  • F1: 100% of RSUs granted May 21, 2025 vested on May 20, 2026 and shares were delivered to the reporting person.
  • F2: 100% of RSUs granted May 20, 2026 will vest on the earlier of May 20, 2027 or the next annual meeting; shares delivered upon vesting assuming continued service.
• No 10b5-1 plan or late-filing indication is noted in the provided data.

Context

• The filing shows derivative conversion/exercise entries and a simultaneous disposition at $0.00; the footnote clarifies these relate to vested RSUs being delivered. This is routine compensation-related activity (vesting and new RSU grant), not a market sale or open-market purchase.
• For retail investors: RSU vesting and new RSU grants are common executive compensation events and do not necessarily signal a change in the director’s view of the company.