Illumina (ILMN) director David P. King submits initial Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ILLUMINA, INC. director David P. King filed an initial Form 3, which is a statement of beneficial ownership for insiders. This filing reports no purchases, sales, exercises, gifts, or other transactions in Illumina securities, and shows no derivative positions or holdings listed.
Positive
- None.
Negative
- None.
Key Figures
Total transactions reported: 0 transactions
Net buy/sell direction: neutral
Ten percent owner status: Not a ten percent owner
3 metrics
Total transactions reported
0 transactions
Form 3 transactionSummary shows no buys, sells, or other trades
Net buy/sell direction
neutral
Net buy/sell shares reported as 0 in transactionSummary
Ten percent owner status
Not a ten percent owner
is_ten_percent_owner field set to 0 for David P. King
Key Terms
Form 3, beneficial ownership, ten percent owner
3 terms
Form 3 regulatory
"Form 3 shows that director David P. King has filed an initial statement"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership regulatory
"filed an initial Form 3, which is a statement of beneficial ownership for insiders"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner regulatory
"the ten percent owner flag is set to zero for David P. King"
FAQ
What does the Illumina (ILMN) Form 3 filing by David P. King show?
The Form 3 shows that director David P. King has filed an initial statement of beneficial ownership in Illumina. It reports no transactions, no listed holdings, and no derivative positions, serving as a baseline disclosure of his insider status.
Does the Illumina (ILMN) Form 3 for David P. King show any derivative securities?
No, the derivativeSummary section is empty, indicating no listed options, warrants, or other derivative securities. The filing also shows zero derivative transactions, so it functions purely as an initial insider registration without position detail.
Is David P. King a ten percent owner of Illumina (ILMN) according to this Form 3?
No, the metadata indicates the ten percent owner flag is set to zero for David P. King. He is identified as a director of Illumina, but not as a ten percent owner based on this initial beneficial ownership statement.
What is the overall transaction activity in David P. King’s Illumina (ILMN) Form 3?
The transaction summary shows no activity: buyCount, sellCount, acquireCount, disposeCount, and otherCount are all zero. Net buy or sell shares are also zero, and netBuySellDirection is labeled neutral, confirming no trades in this filing.