Illumina: Corvex proposes $87.2M share sale

Goldman Sachs & Co. LLC is listed as broker, and the proposed shares carry a stated aggregate market value of $87,198,540.99.

Available on EDGAR 11/03/2026 - 05:18 PM EST Accepted by SEC EDGAR 11/03/2026 - 05:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Illumina, Inc. (ILMN) has a Form 144 notice for the proposed sale of 369,501 shares of common stock by Corvex Management LP, with a stated aggregate market value of $87,198,540.99. Goldman Sachs & Co. LLC is listed as broker, and the approximate sale date is November 3, 2026, on the Nasdaq Stock Market. Corvex may be deemed the beneficial owner of shares held by funds it advises; its general partner is controlled by Keith Meister, an Illumina director.

Key Figures

Shares to be sold: 369,501 shares Aggregate market value: $87,198,540.99 Shares outstanding: 151,200,000 shares

3 metrics

Shares to be sold 369,501 shares Proposed sale; approximate sale date November 3, 2026

Aggregate market value $87,198,540.99 Shares identified for the proposed sale

Shares outstanding 151,200,000 shares Issuer shares outstanding as reported in the notice

Key Terms

Rule 144, beneficial owner, open market transactions

3 terms

Rule 144 regulatory

"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 technical

"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.

open market transactions financial

"Purchases from counterparties in 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.

How many Illumina (ILMN) shares does Corvex plan to sell?

Corvex Management LP's notice reports a proposed sale of 369,501 shares of Illumina common stock, with a stated aggregate market value of $87,198,540.99. Goldman Sachs & Co. LLC is listed as broker, and the approximate sale date is November 3, 2026.

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

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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	369501	87198540.99	151200000	11/03/2026	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			369501	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	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	131019	29546278.62
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/26/2026	106543	24021480.44
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	08/27/2026	138379	31673634.84
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	09/02/2026	68108	14526262.57
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	09/03/2026	75951	16574471.06
Corvex Management LP (1) 667 Madison Avenue New York NY 10065	Common Stock, par value $0.01 per share	09/04/2026	119501	26098043.12
Corvex Management LP (1) 667 Madison Avenue. New York NY 10065	Common Stock, par value $0.01 per share	11/03/2026	30499	7288998.45

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	11/03/2026
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)