{"schema_version":"secwatch.filing_event.v1","accession":"0001097149-23-000015","form_type":"8-K","ticker":"ALGN","cik":"0001097149","company_name":"ALIGN TECHNOLOGY INC","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.856870+00:00","generated_at":"2026-06-18T17:00:19.787424+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Align Technology adopts proxy access bylaw allowing 3% holders to nominate directors","bullets":["Board approved amended bylaws on Feb 27, 2023 adding proxy access for director nominations.","Stockholder or group of up to 20 owning at least 3% of common stock for 3+ years may nominate directors.","Nominees can be up to the greater of 2 individuals or 20% of the Board, subject to bylaw requirements.","Proxy access provision is included in new Section 2.5 of the Amended and Restated Bylaws."],"urls":{"canonical":"https://secwatch.observer/filing/0001097149-23-000015","json":"https://secwatch.observer/filing/0001097149-23-000015.json","markdown":"https://secwatch.observer/filing/0001097149-23-000015.md","text":"https://secwatch.observer/filing/0001097149-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000015/0001097149-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000015/algn-20230227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T17:00:19.787424+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":"f252857dd8f4aee8afc71d07c368ee2f291642ab","claim":"ALIGN TECHNOLOGY INC: Amended and restated bylaws to add a proxy access provision allowing stockholders owning at least 3% of stock for three years to nominate directors (effective 2023-02-27).","evidence_excerpt":"On February 27, 2023, the Board of Directors of Align Technology, Inc, a Delaware corporation (the \"Company\"), approved an amendment and restatement of the Company’s bylaws to add a proxy access provision (the \"Amended and Restated Bylaws\").","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000015/0001097149-23-000015-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-02-27"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}