Align Technology Director Quentin Blackford Receives 1,376-Share RSU Award

What Happened

Quentin S. Blackford, a director of Align Technology (ALGN), was granted 1,376 restricted stock units (RSUs) on August 27, 2026. The award is reported as a derivative acquisition (code A) at $0.00 per share — i.e., a grant rather than an open-market purchase or sale. No cash changed hands at grant.

Key Details

• Transaction date: 2026-08-27; Form filed: 2026-08-31 (filing appears timely).
• Award: 1,376 RSUs; reported price: $0.00 (grant).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: 100% of the RSUs will vest on the date of the next annual meeting of stockholders and shares will be delivered on that vesting date assuming continued service (per F1).
• Transaction type/code: Derivative grant (A).

Context

• RSUs are a form of deferred compensation — the recipient does not receive stock or proceeds until vesting/delivery. This grant does not represent an immediate market buy or sell.
• Such awards are common for directors and align long-term incentives with shareholders; they should be interpreted as compensation actions rather than an immediate endorsement or rejection of the stock.