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Illumina (ILMN) insider schedules Rule 144 sale and details 10b5-1 trades

(Neutral)
(Neutral)
Form Type
144

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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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
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.

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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.

How many Illumina (ILMN) shares were sold in the past three months under the plan?

In the past three months, the filing reports two plan-based sales totaling 1,230 shares of Illumina common stock, with 615 shares sold for $110,700.00 and another 615 shares sold for $98,400.00 under a Rule 10b5-1 plan.

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.

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