Illumina director granted 190 shares in fee stock
ILLUMINA, INC. director Scott B. Ullem acquired additional company stock as part of his board compensation.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 190 | $131.5473 | $25K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
volume weighted average closing price financial
board and committee cash retainer fees financial
retainer fees financial
FAQ
What insider transaction did Illumina (ILMN) director Scott B. Ullem report?
Was Scott B. Ullem’s Illumina (ILMN) Form 4 an open-market stock purchase?
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