Illumina (ILMN) holder Corvex plans 840,000-share sale via Goldman Sachs
Rhea-AI Filing Summary
Illumina, Inc. (ILMN) has a planned sale of Common Stock under Rule 144. The notice covers up to 840,000 shares of common stock, par value $0.01 per share, to be sold through Goldman Sachs & Co. LLC on the Nasdaq Global Select Market, with an aggregate market value of $166,454,400 as of August 4, 2026.
The filing also lists prior sales by Corvex Management LP over the past three months, including 225,067 shares for $32,760,165.38 on May 13, 2026 and several additional sales in May and June 2026.
Positive
- None.
Negative
- None.
Key Figures
Planned shares to be sold: 840,000 shares
Aggregate market value of planned sale: $166,454,400
Shares sold 05/13/2026: 225,067 shares
+5 more
8 metrics
Planned shares to be sold
840,000 shares
Common Stock, par value $0.01 per share, in planned Rule 144 sale
Aggregate market value of planned sale
$166,454,400
Market value for 840,000 shares as referenced with sale date 08/04/2026
Shares sold 05/13/2026
225,067 shares
Corvex Management LP sale of Illumina common stock on 05/13/2026
Proceeds 05/13/2026
$32,760,165.38
Cash received by Corvex Management LP for 225,067 shares on 05/13/2026
Shares sold 05/14/2026
104,393 shares
Corvex Management LP sale of Illumina common stock on 05/14/2026
Proceeds 05/14/2026
$15,172,549.18
Cash received by Corvex Management LP for 104,393 shares on 05/14/2026
Shares sold 05/28/2026
220,000 shares
Corvex Management LP sale of Illumina common stock on 05/28/2026
Proceeds 05/28/2026
$34,686,783.32
Cash received by Corvex Management LP for 220,000 shares on 05/28/2026
Key Terms
par value, open market transactions, Nasdaq Global Select
3 terms
par value financial
"Common Stock, par value $0.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
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.
Nasdaq Global Select market
"08/04/2026 | Nasdaq Global Select"
A Nasdaq Global Select listing is the highest-quality tier on the Nasdaq stock exchange, awarded to companies that meet the strictest financial, reporting and governance standards. Think of it as a “premium shelf” in a store: it signals stronger oversight, transparency and liquidity compared with lower tiers, which helps investors judge company reliability, compare risk, and may attract more institutional buyers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Illumina (ILMN)'s latest Rule 144 notice disclose?
The notice discloses a planned sale of 840,000 shares of Illumina common stock with an aggregate market value of $166,454,400, to be sold through Goldman Sachs & Co. LLC on the Nasdaq Global Select Market.
What Illumina (ILMN) trading venue is referenced in the planned sale?
The shares covered by the planned sale are to be sold on the Nasdaq Global Select Market, with Goldman Sachs & Co. LLC acting as the broker-dealer for the transaction.