{"schema_version":"secwatch.filing_event.v1","accession":"0001097149-25-000030","form_type":"8-K","ticker":"ALGN","cik":"0001097149","company_name":"ALIGN TECHNOLOGY INC","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.512831+00:00","generated_at":"2026-05-22T10:48:25.287899+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Align Technology announces $1B stock buyback; provides long-term financial model","bullets":["Board authorized $1.0B stock repurchase program over three years, replacing prior $1B program completed May 1, 2025.","Prior $1B authorization (Jan 2023) completed on May 1, 2025; settlement on May 2, 2025.","Reiterates 2025 guidance; financial model targets clear aligner volume growth >15% and non-GAAP op margin >25% by 2029+.","2026-2028 targets: revenue growth 5-15%, non-GAAP gross margin 71-73%, operating margin 23-25%.","Free cash flow target of 18-23% for 2026-2028; 20-25% for 2029+."],"urls":{"canonical":"https://secwatch.observer/filing/0001097149-25-000030","json":"https://secwatch.observer/filing/0001097149-25-000030.json","markdown":"https://secwatch.observer/filing/0001097149-25-000030.md","text":"https://secwatch.observer/filing/0001097149-25-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097149/000109714925000030/0001097149-25-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097149/000109714925000030/algn-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T10:48:25.287899+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}