Insider trade

Officer sold ~$155K of ILMN shares in the open market

Traded Feb 20, 2026 · Filed Feb 24, 2026

Illumina, Inc.ILMN

~$155K
Reported value · 1,336 sh @ $116.18: 16K
Holds after · shares reported: +125.8%
stock since the trade · S&P 500 +10.8%, $117.67 → $265.72 on Oct 1

Why it stands out

Illumina, Inc.'s Chief Legal Officer sold $155K 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: Feb 20, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 24, 2026

Officer$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$155,216

Shares × reported transaction price

Timing vs results

15 days after results of Feb 5, 2026, 69 days before results of Apr 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 $117.67 on Feb 20, 2026, 67% above its 52-week low and 24% below its high, after a 22% drop over the previous 30 trading days

52-week range $70.30 (Apr 8, 2025) to $153.95 (Jan 22, 2026), 57% of the way up, from 251 adjusted closes. 30 trading days earlier: $150.14 on Jan 7, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 4 workers was filed in California on January 14, 2026.

From the official state WARN list, 37 days before the trade; 2 more notices by the company within 60 days. Shown for timing only; the two filings are separate

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