Illumina (ILMN) insider schedules Rule 144 sale and details 10b5-1 trades
Rhea-AI Filing Summary
Illumina, Inc. (ILMN) has a notice of proposed sale under Rule 144 for 615 shares of common stock, with an indicated aggregate market value of $119,814.30, to be sold through Morgan Stanley Smith Barney LLC on or after July 30, 2026 on NASDAQ.
The filing also lists prior sales under a Rule 10b5-1 trading plan for Scott Davies: 615 shares of common stock for $110,700.00 on June 25, 2026 and 615 shares for $98,400.00 on May 29, 2026, all related to restricted stock units issued by Illumina.
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Key Figures
Proposed shares to be sold: 615 shares
Proposed aggregate market value: $119,814.30
10b5-1 sale on June 25, 2026: 615 shares for $110,700.00
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4 metrics
Proposed shares to be sold
615 shares
Common stock proposed for sale under Rule 144 on or after July 30, 2026
Proposed aggregate market value
$119,814.30
Estimated value of 615 Illumina common shares in planned Rule 144 sale
10b5-1 sale on June 25, 2026
615 shares for $110,700.00
Illumina common stock sold under a Rule 10b5-1 plan
10b5-1 sale on May 29, 2026
615 shares for $98,400.00
Illumina common stock sold under a Rule 10b5-1 plan
Key Terms
Rule 144, 10b5-1, Restricted Stock Units, common stock
4 terms
Rule 144 regulatory
"notice of proposed sale under Rule 144 for 615 shares of common stock"
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.
10b5-1 regulatory
"The filing also lists prior sales under a Rule 10b5-1 trading plan"
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 | | | 615 | 11/05/2024"
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.
common stock financial
"615 shares of common stock for $110,700.00 on June 25, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the ILMN Form 144 filing disclose about upcoming stock sales?
The filing discloses a proposed Rule 144 sale of 615 shares of Illumina common stock, with an aggregate market value of $119,814.30, expected to be sold on or after July 30, 2026 on NASDAQ.
Who is associated with the 10b5-1 stock sales mentioned for ILMN?
The document lists 10b5-1 sales for Scott Davies, showing Illumina common stock transactions. These include 615 shares sold for $110,700.00 on June 25, 2026 and 615 shares for $98,400.00 on May 29, 2026.
What type of Illumina securities are involved in the Form 144 notice?
The Form 144 notice involves Illumina common stock related to restricted stock units. A proposed sale of 615 shares is disclosed, along with recent 10b5-1 sales of 615 shares each on two prior dates.
Which broker-dealer is handling the proposed Illumina (ILMN) Rule 144 sale?
The proposed Rule 144 sale of 615 Illumina common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, and executed on the NASDAQ market.