Corvex plans $45M Illumina stock sale via Goldman

Rhea-AI Filing Summary

ILLUMINA, INC. (ILMN) is the issuer for which Corvex Management filed a notice under Rule 144 to sell common stock. Corvex, an affiliate of a director, plans to sell up to 200,000 shares of Illumina common stock through Goldman Sachs & Co. LLC, with an aggregate market value of $44,968,000, on or after August 27, 2026, on the Nasdaq Stock Market. Illumina had 151,000,000 shares outstanding of common stock for context. Corvex states it may be deemed the beneficial owner of shares held by funds it advises, and that the shares to be sold were purchased in various open market transactions between October 25, 2023 and March 27, 2025. The notice also lists multiple prior sales of Illumina shares by Corvex-managed entities during the past three months.

Key Figures

Shares to be sold: 200,000 shares of common stock Aggregate market value of planned sale: $44,968,000.00 Shares outstanding: 151,000,000 shares +3 more

6 metrics

Shares to be sold 200,000 shares of common stock Planned sale under Rule 144 through Goldman Sachs & Co. LLC

Aggregate market value of planned sale $44,968,000.00 Value of 200,000 Illumina shares covered by the Form 144 notice

Shares outstanding 151,000,000 shares Illumina common stock outstanding for context in the Form 144

Prior sale on May 28, 2026 220,000 shares for $34,686,783.32 Corvex-related sale of Illumina common stock in past three months

Prior sale on August 4, 2026 457,858 shares for $91,616,949.73 Corvex-related sale of Illumina common stock in past three months

Planned sale date 08/27/2026 Approximate date of sale of 200,000 shares on Nasdaq Stock Market

Key Terms

Rule 144, beneficial owner, aggregate market value, 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.

aggregate market value financial

"Common Stock... | 200000 | 44968000.00 | 151000000 | 08/27/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

open market transactions financial

"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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Corvex Management’s Form 144 filing mean for ILLUMINA, INC. (ILMN)?

Corvex Management filed a Rule 144 notice to potentially sell 200,000 shares of Illumina common stock through Goldman Sachs & Co. LLC on or after August 27, 2026. This is an advance notice of a possible resale of restricted or control securities.

How many ILMN shares is Corvex Management planning to sell under this Form 144?

Corvex Management plans to sell up to 200,000 shares of Illumina, Inc. common stock. The filing lists an aggregate market value of $44,968,000 for these shares, with sales expected to occur on or after August 27, 2026 on the Nasdaq Stock Market.

What is the market value of the ILMN shares covered by Corvex’s Form 144?

The Form 144 lists an aggregate market value of $44,968,000 for the 200,000 Illumina common shares covered by the planned sale. This figure is based on the market price at the time of preparing the notice.

How many ILMN shares were outstanding when Corvex filed this Form 144?

The notice reports that Illumina, Inc. had 151,000,000 shares of common stock outstanding. This figure is provided as contextual information and is separate from the 200,000 shares that Corvex Management plans to sell.

What prior ILMN share sales by Corvex are disclosed in the last three months?

The filing lists several Corvex-related sales of Illumina common stock in the past three months, including 220,000 shares on May 28, 2026 for $34,686,783.32 and 214,596 shares on May 29, 2026 for $35,088,672.43, among other transactions.

How and when did Corvex acquire the ILMN shares it plans to sell?

Corvex states that the Illumina common shares to be sold under this notice were purchased between October 25, 2023 and March 27, 2025 in various open market transactions and purchases from counterparties in open market transactions.

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

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Available on EDGAR 08/27/2026 - 04:32 PM EDT Accepted by SEC EDGAR 08/27/2026 - 04:31 PM EDT 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	200000	44968000.00	151000000	08/27/2026	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			200000	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	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	82438	18901434.68

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	08/27/2026
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)