4/A: Align Technology Executive Emory Wright Corrects Beneficial Ownership Reporting in Amended SEC Filing

Emory Wright, EVP of Global Operations at Align Technology, files an amended SEC Form 4 to correct the reported beneficial ownership of shares due to an administrative error related to tax withholding.

Summary

• Emory Wright, an Executive Vice President at Align Technology, filed an amended Form 4 with the SEC on April 4, 2024, to correct a previous filing from February 22, 2024.
• The amendment addresses an error in the number of shares reported as beneficially owned.
• The error stemmed from an under-withholding of 39 shares for tax payments, which have since been refunded to Wright.
• The corrected filing includes these 39 shares in Wright's beneficial ownership.
• Wright directly owns 8,255 shares of Align Technology common stock.
• Wright also has indirect beneficial ownership of shares held in irrevocable trusts for the benefit of his children and nephew, for which he serves as a co-trustee.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor administrative error. It doesn't indicate any significant positive or negative developments for the company.

Industry Context

This filing is a routine disclosure related to executive stock ownership and is typical for publicly traded companies. It ensures transparency and compliance with SEC regulations.

Key Dates