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Illumina (ILMN) holder Corvex plans 840,000-share sale via Goldman Sachs

(Neutral)
(Neutral)
Form Type
144

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

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Negative

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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
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.

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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.

How many Illumina (ILMN) shares are covered by the planned sale?

The planned transaction covers up to 840,000 shares of Illumina common stock, par value $0.01 per share, to be sold on the Nasdaq Global Select Market through Goldman Sachs & Co. LLC.

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

The filing reports an aggregate market value of $166,454,400 for the planned sale of 840,000 shares of Illumina common stock as of August 4, 2026.

Who is involved in recent Illumina (ILMN) share sales disclosed in the filing?

Recent sales involve Corvex Management LP, which reported multiple Illumina common stock sales in May and June 2026, including 225,067 shares for $32,760,165.38 on May 13, 2026.

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.

What prior Illumina (ILMN) share sales by Corvex are listed?

Listed prior sales by Corvex Management LP include 225,067 shares for $32,760,165.38 on May 13, 104,393 shares for $15,172,549.18 on May 14, and several additional block sales in late May and June 2026.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature