Jakob Wedel to sell Illumina (NASDAQ: ILMN) shares worth $199,508
Rhea-AI Filing Summary
Illumina, Inc. (ILMN) received a Rule 144 notice from Jakob Wedel covering a planned sale of its common stock. The notice lists 1,033 shares of common stock to be sold through Morgan Stanley Smith Barney LLC, with an aggregate value of $199,508.46, and references trading on NDAQ. The securities to be sold include shares underlying Restricted Stock Units with a listed date of 02/17/2026, and a proposed sale date of 08/18/2026.
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Key Figures
Shares to be sold: 1,033 shares
Aggregate market value: $199,508.46
Proposed sale date: 08/18/2026
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4 metrics
Shares to be sold
1,033 shares
Common stock covered by Jakob Wedel’s Rule 144 notice
Aggregate market value
$199,508.46
Value associated with the 1,033 Illumina common shares in the notice
Proposed sale date
08/18/2026
Date listed in connection with the planned sale of common stock
RSU related date
02/17/2026
Date associated with the Restricted Stock Units to be sold
Key Terms
Rule 144, Restricted Stock Units, Form 144
3 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.
Restricted Stock Units financial
"Common | 02/17/2026 | Restricted Stock Units | Issuer"
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.
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing for ILMN by Jakob Wedel disclose?
The Form 144 discloses Jakob Wedel’s intent to sell 1,033 shares of Illumina, Inc. common stock. The planned Rule 144 sale, through Morgan Stanley Smith Barney, has an aggregate value of $199,508.46 and references trading on NDAQ.
What key dates are associated with Jakob Wedel’s Illumina (ILMN) Form 144 filing?
Key dates include a proposed sale date of 08/18/2026 and a date of 02/17/2026 associated with the Restricted Stock Units. The signature portion also lists 08/18/2026, confirming the timing of the notice.
AI-generated analysis. How Rhea-AI works. Not financial advice.