STOCK TITAN

Illumina (NASDAQ: ILMN) director sold 1,500 shares under 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Illumina-related reporting person reported a sale of 1,500 shares of common stock on 05/28/2026 under a 10b5-1 plan, generating $225,150 in proceeds. The filing also lists 478 Restricted Stock Units and an Employee Stock Purchase Plan allocation of 500 shares.

Positive

  • None.

Negative

  • None.

Insights

Routine, pre-arranged insider sale disclosed under Section 144/10b5-1.

This filing shows a reported disposition of 1,500 shares on 05/28/2026 with proceeds of $225,150. The sale is described as executed pursuant to a 10b5-1 plan, indicating pre-arranged timing.

The cashflow treatment is attributable to the reporting person; remaining holdings include 478 RSUs and an ESPP allocation of 500 shares as listed. Timing and broader position context are limited to the excerpt; subsequent filings would show further position changes.

Shares sold 1,500 shares sale date <date>05/28/2026</date>
Proceeds $225,150 proceeds from the 1,500-share sale on <date>05/28/2026</date>
Restricted Stock Units 478 RSUs listed with date <date>11/04/2016</date>
Employee Stock Purchase Plan allocation 500 shares listed with date <date>02/01/2018</date>
10b5-1 regulatory
"10b5-1 Sales for SCOTT ERICKSEN 5200 Illumina Way San Diego CA"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | | | 478 | 11/04/2016"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Employee Stock Purchase Plan | Issuer | | | 22 | 02/01/2018"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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

FAQ

What did the ILMN filing disclose about insider sales?

It discloses a sale of 1,500 shares on 05/28/2026 under a 10b5-1 plan, producing $225,150 in proceeds. The entry is a reported disposition by the filing person rather than a company issuance.

Who executed the 10b5-1 sales reported in the ILMN excerpt?

The excerpt identifies Scott Ericksen as the person associated with the 10b5-1 sales, with an address shown. The sale of 1,500 shares on 05/28/2026 generated $225,150 in proceeds.

Does the filing show other securities held by the reporting person?

Yes. The filing lists 478 Restricted Stock Units dated 11/04/2016 and an Employee Stock Purchase Plan allocation of 500 shares dated 02/01/2018 in the securities table.

Was the insider sale described as pre-arranged or discretionary?

The sale is described as executed under a 10b5-1 plan, which indicates a pre-arranged trading plan. The excerpt presents the sale as a plan-based disposition rather than an ad hoc open-market trade.