Illumina (ILMN) director Scott Ullem takes 2026 retainer as 190 ILMN shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ILLUMINA, INC. director Scott B. Ullem acquired additional company stock as part of his board compensation. On March 31, 2026, he received 190 shares of common stock valued at $131.5473 per share, issued in lieu of his first quarter 2026 cash retainer fees. Following this award, he directly holds 8,791 shares of Illumina common stock. According to the footnote, Mr. Ullem elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock, with the number of shares based on the volume weighted average closing price during the completed quarter. This is a compensation-related grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ullem Scott B.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	190	$131.5473	$25K

Holdings After Transaction: Common Stock — 8,791 shares (Direct)

Footnotes (1)

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Key Figures

Shares acquired: 190 shares Price per share: $131.5473 per share Shares held after transaction: 8,791 shares +1 more

4 metrics

Shares acquired 190 shares Common stock grant on March 31, 2026

Price per share $131.5473 per share Basis for calculating Q1 2026 retainer shares

Shares held after transaction 8,791 shares Total direct Illumina holdings after grant

Cash retainer election 100% in stock 2026 board and committee cash retainer fees

Key Terms

volume weighted average closing price, board and committee cash retainer fees, retainer fees

3 terms

volume weighted average closing price financial

"the volume weighted average closing price per share during the immediately completed quarter"

The volume weighted average closing price is the average of a security’s closing prices over a given period where each day’s closing price is weighted by the number of shares traded that day. It gives more influence to prices on days with heavier trading, so it reflects where most market activity actually occurred rather than treating every day equally. Investors use it as a more realistic benchmark for value, performance tracking, and to compare execution quality.

board and committee cash retainer fees financial

"100% of his 2026 board and committee cash retainer fees in Illumina stock"

retainer fees financial

"The amount reported on this Form represents Mr. Ullem's 1st quarter 2026 retainer fees"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 06:32 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ullem Scott B.

(Last)

(First)

(Middle)

5200 ILLUMINA WAY

(Street)

SAN DIEGO

CALIFORNIA

92122

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ILLUMINA, INC. [ ILMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/31/2026		A		190⁽¹⁾	A	$131.5473	8,791	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Mr. Ullem elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock. The number of shares issued in lieu of cash is based on the quotient of (i) the cash compensation otherwise payable for the immediately completed quarter divided by (ii) the volume weighted average closing price per share during the immediately completed quarter, calculated by reference to each trading day during such quarter. The amount reported on this Form represents Mr. Ullem's 1st quarter 2026 retainer fees.

	By: Robert Maynes for Scott B. Ullem	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Illumina (ILMN) director Scott B. Ullem report?

Scott B. Ullem reported acquiring 190 shares of Illumina common stock as a compensation grant. These shares represent his first quarter 2026 board and committee retainer fees, which he elected to receive entirely in stock instead of cash.

At what price were Scott B. Ullem’s Illumina (ILMN) shares calculated?

The 190 Illumina shares were calculated using a price of $131.5473 per share. This reflects the volume weighted average closing price for Illumina stock during the immediately completed quarter, as specified in the compensation election terms.

How many Illumina (ILMN) shares does Scott B. Ullem hold after this Form 4?

After the reported transaction, Scott B. Ullem directly holds 8,791 shares of Illumina common stock. This total reflects his existing holdings plus the 190-share award received in lieu of his first quarter 2026 board and committee cash retainer fees.

Was Scott B. Ullem’s Illumina (ILMN) Form 4 an open-market stock purchase?

No, the Form 4 reflects a compensation-related stock grant, not an open-market purchase. Ullem elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock, issued based on the quarter’s volume weighted average closing price.

How is the number of Illumina (ILMN) shares for Scott B. Ullem’s retainer determined?

The share count is determined by dividing the cash compensation otherwise payable for the completed quarter by the volume weighted average closing price per share during that quarter. This calculation produced the 190 Illumina shares reported for first quarter 2026 fees.