Illumina director-linked fund to sell $67M in stock

Rhea-AI Filing Summary

ILLUMINA, INC. (ILMN) is the issuer of common stock that an investment fund advised by Corvex Management, an affiliate of an Illumina director, plans to sell under Rule 144. The planned sale covers 300,000 shares of common stock, with an aggregate market value of $66,966,000.00, to be executed through Goldman Sachs & Co. LLC. Illumina reports 151,000,000 shares outstanding of this class as of the notice, which is a baseline figure, not the amount being sold.

Corvex-linked entities have reported multiple sales of Illumina common stock in the past three months, including 220,000 shares on May 28, 2026 for $34,686,783.32 and 457,858 shares on August 4, 2026 for $91,616,949.73. The shares now to be sold were purchased in various open market transactions between October 25, 2023 and March 27, 2025.

Key Figures

Shares to be sold under Rule 144: 300,000 shares of common stock Aggregate market value of planned sale: $66,966,000.00 Shares outstanding: 151,000,000 shares +4 more

7 metrics

Shares to be sold under Rule 144 300,000 shares of common stock Planned sale by a Corvex-advised fund through Goldman Sachs & Co. LLC

Aggregate market value of planned sale $66,966,000.00 Aggregate market value of 300,000 shares to be sold

Shares outstanding 151,000,000 shares Illumina common shares outstanding as referenced in the notice

Sale on May 28, 2026 220,000 shares; $34,686,783.32 Common stock sold by Corvex Management LP entity on 05/28/2026

Sale on May 29, 2026 214,596 shares; $35,088,672.43 Common stock sold by Corvex Management LP entity on 05/29/2026

Sale on August 4, 2026 457,858 shares; $91,616,949.73 Common stock sold by Corvex Management LP entity on 08/04/2026

Sale on August 21, 2026 299,336 shares; $65,242,566.35 Common stock sold by Corvex Management LP entity on 08/21/2026

Key Terms

Rule 144, beneficial owner, aggregate market value, open market transactions

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

beneficial owner financial

"Corvex Management LP (Corvex) may be deemed to be the beneficial owner of shares"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

aggregate market value financial

"300000 | 66966000.00 | 151000000 | 08/25/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

open market transactions market

"purchased between October 25, 2023 and March 27, 2025 in various open market transactions."

Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is ILMN’s Rule 144 sale reported by Corvex Management?

An investment fund advised by Corvex Management plans to sell 300,000 shares of Illumina, Inc. common stock under Rule 144. The planned sale has an aggregate market value of $66,966,000.00 and will be executed through Goldman Sachs & Co. LLC on or about August 25, 2026.

How many ILMN shares are outstanding compared to the Rule 144 sale size?

Illumina states there are 151,000,000 shares of common stock outstanding. The planned Rule 144 sale by a Corvex-advised fund covers 300,000 shares, which is a separate amount from the total outstanding and represents only a portion of that baseline figure.

What recent ILMN stock sales has Corvex reported in the past three months?

Entities linked to Corvex reported several Illumina stock sales, including 220,000 shares for $34,686,783.32 on May 28, 2026 and 457,858 shares for $91,616,949.73 on August 4, 2026, along with other transactions on May 29, June 1, August 5, 19, 20, 21, and 25, 2026.

When and how were the ILMN shares to be sold by Corvex originally acquired?

The shares of Illumina common stock that are now planned to be sold under Rule 144 were acquired in various open market transactions between October 25, 2023 and March 27, 2025, according to the disclosure from the Corvex-advised funds.

What is the relationship between Corvex Management and ILMN?

Corvex Management LP serves as investment adviser to one or more funds that hold Illumina common stock and may be deemed the beneficial owner of those shares. Its general partner is controlled by Keith Meister, who serves as a director on Illumina’s Board of Directors.

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

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Available on EDGAR 08/25/2026 - 04:18 PM EDT Accepted by SEC EDGAR 08/25/2026 - 04:17 PM EDT 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	0001535472
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	ILLUMINA, INC.
SEC File Number	001-35406
Address of Issuer	5200 ILLUMINA WAY SAN DIEGO CALIFORNIA 92122
Phone	8582024500
Name of Person for Whose Account the Securities are To Be Sold	Corvex Management LP
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	Affiliate of Director (1)

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 Stock, par value $0.01 per share	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	300000	66966000.00	151000000	08/25/2026	Nasdaq Stock Market

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 Stock, par value $0.01 per share	10/25/2023	Purchases of shares of Common Stock in the open market (2)	Purchases from counterparties in open market transactions			300000	10/25/2023	Cash

* 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
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	05/28/2026	220000	34686783.32
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	05/29/2026	214596	35088672.43
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	06/01/2026	235000	38454606.87
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/04/2026	457858	91616949.73
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/05/2026	283269	56542873.94
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/19/2026	95000	19312857.70
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/20/2026	285238	60999944.21
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/21/2026	299336	65242566.35
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/25/2026	20000	4517623.21

144: Remarks and Signature

Remarks	1. Corvex Management LP (Corvex) may be deemed to be the beneficial owner of shares of Common Stock (Common Stock) of Illumina, Inc. (the Issuer) held by one or more funds for which Corvex serves as investment adviser. The general partner of Corvex is controlled by Keith Meister, who serves as a director on the Board of Directors of the Issuer. 2. Shares of Common Stock to be sold were purchased between October 25, 2023 and March 27, 2025 in various open market transactions.
Date of Notice	08/25/2026
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	/s/ Patrick Dooley, authorized signatory of Corvex Management LP
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)