Was the 233-share ILMN transaction by the executive a market sale?

No. The 233-share transaction on May 5, 2026 was classified as a tax-withholding disposition. Shares were delivered to satisfy tax obligations, rather than sold in the open market to another investor.

Illumina (NASDAQ: ILMN) SVP logs 700-share sale and 233-share tax withholding

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

ILLUMINA, INC. senior vice president Jakob Wedel Christensen reported routine transactions in the company’s common stock. On May 6, 2026, he executed an open-market sale of 700 shares at $139.04 per share. After this sale, he directly held 15,056 shares of Illumina common stock.

On May 5, 2026, a separate disposition of 233 shares at $139.07 per share was recorded as a tax-withholding transaction, meaning shares were surrendered to cover tax obligations rather than sold on the open market.

Insider Trade Summary 10b5-1

Net Seller: 700 shares ($97,328)

Net Sell 2 txns

Insider Wedel Christensen Jakob

Role SVP, Strategy/Corp Development

Sold 700 shs ($97K)

Type	Security	Shares	Price	Value
Sale	Common Stock	700	$139.04	$97K
Tax Withholding	Common Stock	233	$139.07	$32K

Holdings After Transaction: Common Stock — 15,056 shares (Direct, null)

Footnotes (1)

Key Figures

Open-market sale shares: 700 shares Open-market sale price: $139.04 per share Shares after sale: 15,056 shares +3 more

6 metrics

Open-market sale shares 700 shares Common Stock sold on May 6, 2026

Open-market sale price $139.04 per share Price for 700 shares on May 6, 2026

Shares after sale 15,056 shares Direct holdings following May 6, 2026 sale

Tax-withholding shares 233 shares Disposition for tax withholding on May 5, 2026

Tax-withholding price $139.07 per share Value assigned to 233-share tax disposition

Net sell shares 700 shares Net buy/sell shares from transaction summary

Key Terms

open-market sale, tax-withholding disposition, Common Stock, Form 4

4 terms

open-market sale financial

"he executed an open-market sale of 700 shares at $139.04 per share"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

tax-withholding disposition financial

"a separate disposition of 233 shares was recorded as a tax-withholding transaction"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock financial

"reported routine transactions in the company’s common stock"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 06:20 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^*

Wedel Christensen Jakob

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Strategy/Corp Development

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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	05/05/2026		F		233	D	$139.07	15,756	D
Common Stock	05/06/2026		S		700	D	$139.04	15,056	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:

	Robert Maynes for Jakob Wedel Christensen	05/07/2026
	** 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 transactions did ILMN executive Jakob Wedel Christensen report?

He reported two transactions in Illumina common stock. One was an open-market sale of 700 shares, and the other was a 233-share tax-withholding disposition used to cover tax obligations rather than a traditional market sale.

How many ILLUMINA (ILMN) shares did the SVP hold after these transactions?

After the May 6, 2026 open-market sale, Jakob Wedel Christensen directly held 15,056 shares of Illumina common stock. This figure reflects his post-transaction ownership as disclosed, giving a clear view of his remaining equity stake.

At what prices were the recent ILMN insider transactions executed?

The open-market sale of 700 Illumina shares on May 6, 2026 was executed at $139.04 per share. The separate 233-share tax-withholding disposition on May 5, 2026 was recorded at a price of $139.07 per share.

What does an open-market sale by an ILMN insider mean in this filing?

An open-market sale means the executive sold shares on the public market at prevailing prices. In this filing, Jakob Wedel Christensen sold 700 Illumina common shares on May 6, 2026 at $139.04 per share in such a transaction.

How many ILMN shares were involved in tax withholding for the executive?

The filing shows 233 Illumina common shares were used for tax withholding. This disposition, at $139.07 per share on May 5, 2026, covered tax liabilities associated with equity compensation rather than representing a discretionary sale.