Align Technology DEF 14A: Executive Compensation Details
Ticker: ALGN · Form: DEF 14A · Filed: 2024-04-09T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, proxy-statement, annual-filing
Related Tickers: ALGN
TL;DR
Align Tech dropped its 2023 exec comp details. Payouts and awards are all in the 10-K.
AI Summary
Align Technology Inc. filed its DEF 14A on April 9, 2024, detailing executive compensation for the fiscal year ending December 31, 2023. The filing includes information on equity awards granted, outstanding awards, and changes in their fair value for both principal executive officers (PEO) and non-PEO named executive officers.
Why It Matters
This filing provides transparency into how Align Technology compensates its top executives, which can influence investor perception and executive decision-making.
Risk Assessment
Risk Level: low — This is a routine annual filing disclosing executive compensation, not indicating new risks.
Key Numbers
- 2023-12-31 — Fiscal Year End (The period for which executive compensation is reported.)
- 20240409 — Filing Date (Date the DEF 14A was filed with the SEC.)
Key Players & Entities
- ALIGN TECHNOLOGY INC (company) — Filer of the DEF 14A
- 410 NORTH SCOTTSDALE ROAD, SUITE 1300 (address) — Company's business and mailing address
- TEMPE, AZ 85288 (address) — Company's business and mailing address
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
Who are the Named Executive Officers (NEOs) for Align Technology in this filing?
The filing details compensation for Principal Executive Officers (PEO) and Non-PEO members, but specific names of the NEOs are not listed in the provided text snippet.
What types of compensation are detailed in this filing?
The filing details equity awards, including those granted in the covered year, outstanding and unvested awards, and changes in their fair value.
What is the fiscal year end for Align Technology?
Align Technology's fiscal year ends on December 31st.
When was this DEF 14A filing submitted?
This DEF 14A filing was submitted on April 9, 2024.
From the Filing
0001097149-24-000018.txt : 20240409 0001097149-24-000018.hdr.sgml : 20240409 20240409160649 ACCESSION NUMBER: 0001097149-24-000018 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 95 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240409 DATE AS OF CHANGE: 20240409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALIGN TECHNOLOGY INC CENTRAL INDEX KEY: 0001097149 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 943267295 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-32259 FILM NUMBER: 24832759 BUSINESS ADDRESS: STREET 1: 410 NORTH SCOTTSDALE ROAD, SUITE 1300 CITY: TEMPE STATE: AZ ZIP: 85288 BUSINESS PHONE: 408-470-1000 MAIL ADDRESS: STREET 1: 410 NORTH SCOTTSDALE ROAD, SUITE 1300 CITY: TEMPE STATE: AZ ZIP: 85288 DEF 14A 1 algn-20240409.htm DEF 14A algn-20240409 0001097149 DEF 14A false 0001097149 2023-01-01 2023-12-31 iso4217:USD 0001097149 2022-01-01 2022-12-31 0001097149 2021-01-01 2021-12-31 0001097149 2020-01-01 2020-12-31 0001097149 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001097149 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2023-01-01 2023-12-31 0001097149 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2023-01-01 2023-12-31 0001097149 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001097149 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0001097149 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-01-01 2023-12-31 0001097149 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001097149 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2023-01-01 2023-12-31 0001097149 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2023-01-01 2023-12-31 0001097149 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001097149 1 2023-01-01 2023-12-31 0001097149 2 2023-01-01 2023-12-31 0001097149 3 2023-01-01 2023-12-31 SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant ý Filed by a Party other than the Registrant ¨ Check the appropriate box: ¨     Preliminary Proxy Statement ¨     Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒     Definitive Proxy Statement ¨     Definitive Additional Materials ¨     Soliciting Material under §240.14a-12 ALIGN TECHNOLOGY, INC. (Name of Registrant as Specified In Its Charter)   (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ý     No fee required ¨     Fee paid previously with preliminary materials ¨     Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 TABLE OF CONTENTS CEO LETTER iii NOTICE OF ANNUAL MEETING v i PROXY STATEMENT SUMMARY 1 Vot ing Roadmap 2 Our Business 3 2023 Performance Highlights 3 Governance Highlights 7 Director Highlights 8 Fiscal Year 2023 Executive Compensation Highlights 9 CORPORATE GOVERNANCE 11 Strong Corporate Governance Policies and Practices 12 K ey Pol icies 13 B oar d Structure and Independence 14 Role of Our Board 14 Board Risk Oversight 1 4 R isk Oversight Program 15 Committee Responsibilities and Oversight 15 Annual Committee and Board Evaluations 18 B oard Meetings 18 Stockholder Communications with the Board 1 8 STOCKHOLDER ENGAGEMENT