secwatch.observer — SEC 8-K summary
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Issuer:     ALIGN TECHNOLOGY INC (ALGN)
CIK:        0001097149
Form:       8-K/A
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001097149-22-000031
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Align Technology launches $200M accelerated stock repurchase; CEO plans $2M personal purchase
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- $200M ASR with Citibank; initial delivery of approx. 552,000 shares.
- ASR expected to complete around July 26, 2022, funded with cash on hand.
- CEO Joe Hogan intends to personally purchase $2.0M of Align common stock.
- As of Dec 31, 2021, Align had $1.1B cash and 78.7M shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097149/000109714922000031/0001097149-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097149/000109714922000031/algn-20220429.htm
  HTML page:      https://secwatch.observer/filing/0001097149-22-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer