Form 4: Align Technology Director C. Raymond Larkin Jr. Reports Stock Transactions
SEC Form 4 Filing
C. Raymond Larkin Jr., a director at Align Technology, reported the vesting and delivery of 1,372 shares of common stock related to restricted stock units on May 17, 2024.
Summary
- On May 17, 2024, C. Raymond Larkin Jr., a director of Align Technology Inc., had 1,372 shares of common stock vest from restricted stock units.
- These shares were delivered to the reporting person on the same day.
- Following the transaction, Larkin directly owns 21,747 shares of Align Technology common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, reflecting standard executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Align Technology.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in insider ownership.
- The transaction is part of the executive compensation plan, impacting the executive and potentially influencing their alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date of grant for the restricted stock units that vested. |
| 05/17/2024 | Date of transaction: vesting and delivery of 1,372 shares of common stock. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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