Insider trade

Director sold ~$5.88M of ILMN shares in the open market

Traded May 28, 2026 · Filed Jun 1, 2026

Illumina, Inc.ILMN

~$5.88M
Reported value · 38K sh @ $156.50: 3.46M
Holds after · shares reported: +67.4%
stock since the trade · S&P 500 +1.2%, $158.70 → $265.72 on Oct 1

Why it stands out

A board member of Illumina, Inc. sold $5.88M of Illumina, Inc. shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 28, 2026
Reporting period: Not applicable
Filed with the SEC: Jun 1, 2026

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$5,882,835

Shares × reported transaction price

Timing vs results

28 days after results of Apr 30, 2026, 63 days before results of Jul 30, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $158.70 on May 28, 2026, at its 52-week high, after a 20% rise over the previous 30 trading days

52-week range $81.09 (Jun 2, 2025) to $158.70 (May 28, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $132.26 on Apr 15, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Dec 21, 2023 in the U.S. District Court, S.D. California. A filing is an allegation, not a finding.

3 such cases were open. Louisiana Sheriffs' Pension & Relief Fund v. Illumina, Inc., docket 3:23-cv-02328, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.6%	-3.0%	+1.4%
30 days	+16.1%	-1.9%	+18.0%
90 days	+31.4%	+1.0%	+30.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001011438-26-000371
Filed / recorded: Jun 1, 2026, 10:04 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: ILLUMINA, INC.
Issuer CIK: 1110803
Ticker: ILMN
Reporting person: Keith A. Meister
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 28, 2026
Transaction code: S
Shares / units: 37,590
Price per share: $156.50
Acquired / disposed: Disposed (D)
Shares owned after: 3,462,458
Ownership form: Indirect — See Footnotes
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $155.85 to $156.84. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (5)-(21) to this Form 4.
These securities of Illumina, Inc. (the "Issuer") are held for the accounts of certain private investment funds (collectively, the "Corvex Funds") for which Corvex Management LP ("Corvex") acts as investment adviser, including Corvex Master Fund LP and Corvex Select Equity Master Fund LP. The general partner of Corvex is controlled by Keith Meister.
For the purposes of this filing, each of Corvex and Mr. Meister disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Corvex or Mr. Meister is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.