---
schema_version: "secwatch.filing_event.v1"
accession: "0001097149-22-000064"
form_type: "8-K/A"
ticker: "ALGN"
cik: "0001097149"
company_name: "ALIGN TECHNOLOGY INC"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T21:20:08.346655+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Align Technology enters $200M accelerated stock repurchase; CEO plans $2M personal purchase

## Summary
- Align entered $200M ASR with Goldman Sachs to repurchase shares under $1B buyback program; initial delivery ~849k shares.
- CEO Joe Hogan intends to purchase $2M of Align common stock personally, following $2M purchase in May 2022.
- ASR funded from cash on hand; expected to complete by Feb 1, 2023. As of Sept 30, had $1.1B cash and $0 debt.
- Under $1B program, Align repurchased 1.321M shares at avg $416.39 (~$550M); ~$250M remains after this ASR.
- Filing corrects erroneous press release exhibit from Oct 28, 2022 original 8-K.

## SEC filing metadata
- accession: 0001097149-22-000064
- form_type: 8-K/A
- ticker: ALGN
- cik: 0001097149
- company_name: ALIGN TECHNOLOGY INC
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1097149/000109714922000064/0001097149-22-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1097149/000109714922000064/algn-20221028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001097149-22-000064
- JSON: https://secwatch.observer/filing/0001097149-22-000064.json
- Plain text: https://secwatch.observer/filing/0001097149-22-000064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.