---
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"
generated_at: "2026-06-18T17:00:19.787424+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Align Technology adopts proxy access bylaw allowing 3% holders to nominate directors

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001097149-23-000015
- JSON: https://secwatch.observer/filing/0001097149-23-000015.json
- Plain text: https://secwatch.observer/filing/0001097149-23-000015.txt

## Key facts
- Governance Changes
  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).
  - Change: bylaw amendment
  - Effective: 2023-02-27
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1097149/000109714923000015/0001097149-23-000015-index.htm

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