{"schema_version":"secwatch.filing_event.v1","accession":"0001097149-22-000062","form_type":"8-K","ticker":"ALGN","cik":"0001097149","company_name":"ALIGN TECHNOLOGY INC","filed_at":"2022-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.598593+00:00","generated_at":"2026-06-22T21:22:13.824035+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Align Technology enters $200M accelerated share repurchase; CEO to buy $2M personally","bullets":["Entered $200M accelerated share repurchase (ASR) with Goldman Sachs; initial delivery ~849,000 shares.","Final share count based on volume-weighted average price during term; settlement by Feb 1, 2023.","Funded with cash on hand; as of June 30, 2022, Align held $877.5M cash and 78.1M shares outstanding.","CEO Joe Hogan intends to personally purchase $2.0 million of Align common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001097149-22-000062","json":"https://secwatch.observer/filing/0001097149-22-000062.json","markdown":"https://secwatch.observer/filing/0001097149-22-000062.md","text":"https://secwatch.observer/filing/0001097149-22-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097149/000109714922000062/0001097149-22-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097149/000109714922000062/algn-20221028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T21:22:13.824035+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"88d0649e5a330bcabcc7ea7d5e4d992c103a0dc4","claim":"ALIGN TECHNOLOGY INC entered into Accelerated Share Repurchase Agreement with Goldman Sachs & Co. LLC valued at $200 million (effective 2022-10-28).","evidence_excerpt":"On October 28, 2022, Align Technology, Inc., a Delaware corporation (the \"Company\") entered into an accelerated share repurchase agreement (the \"ASR Contract\") with Goldman Sachs & Co. LLC (\"Goldman\") to repurchase $200 million of Align's common stock authorized under the Company's $1.0 billion stock repurchase program announced on May 13, 2021.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097149/000109714922000062/0001097149-22-000062-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Goldman Sachs & Co. LLC"},{"label":"Value","value":"$200 million"},{"label":"Effective","value":"2022-10-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}