Illumina (NASDAQ: ILMN) backer plans new multi-million-dollar stock sale

Rhea-AI Filing Summary

ILLUMINA, INC. (ILMN) received a notice that Corvex Management, an affiliate of an Illumina director, has filed to sell 250,000 shares of Illumina common stock under Rule 144. The shares are to be sold through Goldman Sachs & Co. LLC, with an aggregate market value of $53,310,000.00 and Illumina having 151,000,000 shares outstanding. The shares to be sold were purchased in various open market transactions between October 25, 2023 and March 27, 2025. Corvex has also reported multiple sizeable Illumina share sales over the past three months.

Key Figures

Shares to be sold under Rule 144: 250,000 shares Aggregate market value of shares to be sold: $53,310,000.00 Shares outstanding: 151,000,000 shares +3 more

6 metrics

Shares to be sold under Rule 144 250,000 shares Illumina common stock to be sold by Corvex Management

Aggregate market value of shares to be sold $53,310,000.00 Reported value for 250,000 Illumina shares covered by the notice

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

Sale on 08/04/2026 457,858 shares; $91,616,949.73 Illumina shares sold by Corvex Management LP during past 3 months

Sale on 08/05/2026 283,269 shares; $56,542,873.94 Illumina shares sold by Corvex Management LP during past 3 months

Sale on 05/28/2026 220,000 shares; $34,686,783.32 Illumina shares sold by Corvex Management LP during past 3 months

Key Terms

Rule 144, beneficial owner, Nasdaq Stock Market, 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.

Nasdaq Stock Market market

"08/21/2026 | Nasdaq Stock Market"

The Nasdaq Stock Market is a place where many companies' shares are bought and sold, functioning like a marketplace for investing in businesses. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping people grow their wealth or fund business growth. Known for hosting many technology and innovative companies, it is a key indicator of the health of those sectors.

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

What does the Form 144 filing mean for Illumina (ILMN)?

The filing states that Corvex Management, affiliated with an Illumina director, plans to sell 250,000 shares of Illumina common stock under Rule 144 through Goldman Sachs & Co. LLC, with an aggregate market value of $53,310,000.00.

How many Illumina (ILMN) shares is Corvex Management planning to sell?

Corvex Management has filed to sell 250,000 shares of Illumina common stock. These shares were acquired in various open market transactions between October 25, 2023 and March 27, 2025.

What is the reported market value of the Illumina (ILMN) shares to be sold?

The Form 144 reports an aggregate market value of $53,310,000.00 for the 250,000 shares of Illumina common stock that Corvex Management intends to sell.

How many Illumina (ILMN) shares are outstanding according to this notice?

The notice reports that Illumina has 151,000,000 shares outstanding of its common stock, par value $0.01 per share.

What recent sales of Illumina (ILMN) stock has Corvex Management reported?

Over the past three months, Corvex Management LP reported several Illumina common stock sales, including 457,858 shares on August 4, 2026 for $91,616,949.73 and 283,269 shares on August 5, 2026 for $56,542,873.94, among other transactions.

On which exchange will the Illumina (ILMN) shares be sold under this Form 144?

The notice states that the 250,000 shares of Illumina common stock covered by the Form 144 are to be sold on the Nasdaq Stock Market, through Goldman Sachs & Co. LLC.

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

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Available on EDGAR 08/21/2026 - 04:04 PM Accepted by SEC EDGAR 08/21/2026 - 04:04 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	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	250000	53310000.00	151000000	08/21/2026	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			250000	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	69762	14940550.00

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	08/21/2026
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)