Insider trade

Director sold ~$23.2M of ILMN shares in the open market

Traded May 13, 2026 · Filed May 14, 2026

Illumina, Inc.ILMN

~$23.2M
Reported value · 160K sh @ $145.26: 3.67M
Holds after · shares reported: +83.3%
stock since the trade · S&P 500 +2.9%, $145.00 → $265.72 on Oct 1

Why it stands out

A board member of Illumina, Inc. sold $23.2M 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 13, 2026
Reporting period: Not applicable
Filed with the SEC: May 14, 2026

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$23,186,837

Shares × reported transaction price

Timing vs results

13 days after results of Apr 30, 2026, 78 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 $145.00 on May 13, 2026, 85% above its 52-week low and 6% below its high, after an 18% rise over the previous 30 trading days

52-week range $78.21 (May 14, 2025) to $153.95 (Jan 22, 2026), 88% of the way up, from 251 adjusted closes. 30 trading days earlier: $123.26 on Mar 31, 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	+1.3%	+0.9%	+0.4%
30 days	+17.1%	+2.1%	+15.0%
90 days	+35.1%	+5.2%	+29.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001011438-26-000335
Filed / recorded: May 14, 2026, 11:21 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 13, 2026
Transaction code: S
Shares / units: 159,623
Price per share: $145.26
Acquired / disposed: Disposed (D)
Shares owned after: 3,669,885
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 $144.75 to $145.73. 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)-(13) 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.