Illumina (NASDAQ: ILMN) affiliate files Form 144 reporting 98,400-share 10b5-1 sale

Rhea-AI Filing Summary

Illumina affiliate submitted a Form 144 to sell shares. The filing lists proposed sales tied to Performance Stock Units and Restricted Stock Units with a reported 10b5-1 sale on 05/29/2026 for 98,400 common shares. The filing records an earlier grant date of 02/21/2023.

Insights

Equity Securities Counsel

Form 144 documents a proposed affiliate sale under Rule 144.

The filing lists proposed dispositions of equity tied to Performance Stock Units and Restricted Stock Units, and reports a 10b5-1 sale on 05/29/2026 for 98,400 shares. This is a regulatory notice of intent to sell rather than a confirmation of settlement.

Timing and cash-flow treatment are described by the filing's entries; subsequent Form 4 or broker reports would show execution details and proceeds.

Key Figures

Reported 10b5-1 sale: 98,400 shares Grant date for awards: 02/21/2023 Broker/Dealer listed: Morgan Stanley Smith Barney LLC +2 more

5 metrics

Reported 10b5-1 sale 98,400 shares <date>05/29/2026</date>

Grant date for awards 02/21/2023 Performance Stock Units & Restricted Stock Units grant date

Broker/Dealer listed Morgan Stanley Smith Barney LLC Broker recorded on the Form 144 cover information

Filing form Form 144 Notice of proposed sale by affiliate

Numeric entry noted 151,300,000 Listed in the securities information block

Key Terms

Form 144, 10b5-1, Performance Stock Units

3 terms

Form 144 regulatory

"Securities To Be Sold section showing proposed resale notice"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 regulatory

"Securities Sold During The Past 3 Months referencing a 10b5-1 sale"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Performance Stock Units financial

"Securities To Be Sold lists Performance Stock Units & Restricted Stock Units"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

FAQ

What does Illumina's (ILMN) Form 144 filing mean?

It records a proposed sale of restricted or performance-based shares by an affiliate. The filing lists securities tied to grants dated 02/21/2023 and a reported 10b5-1 sale executed on 05/29/2026 for 98,400 common shares.

How many shares are listed in the 10b5-1 sale reported in the filing?

The filing shows a 10b5-1 sale on 05/29/2026 for 98,400 shares. This figure appears under the "Securities Sold During The Past 3 Months" section and is presented as the executed sale amount in the excerpt.

Are the securities being sold from grants or open-market holdings?

The filing attributes the securities to Performance Stock Units and Restricted Stock Units with a grant date of 02/21/2023. The entry indicates the proposed sale relates to those award types rather than newly issued primary shares.

Does the Form 144 confirm sale proceeds to the issuer (ILMN)?

No. Form 144 notifies the SEC of an affiliate's proposed resale; it does not state proceeds go to the issuer. The excerpt lists the selling broker and shares; it does not allocate proceeds to the company in the provided text.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/25/2026 - 04:27 PM Accepted by SEC EDGAR 06/25/2026 - 04:26 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	615	107680.35	151300000	06/25/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/21/2023	Performance Stock Units & Restricted Stock Units	Issuer			615	02/21/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SCOTT DAVIES 5200 Illumina Way San Diego CA 92122	Common	05/29/2026	615	98400.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)