Illumina (ILMN) director Daniel Skovronsky receives 1,674-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ILLUMINA, INC. director Daniel Skovronsky reported an acquisition of 1,674 shares of common stock through a grant of restricted stock units. These RSUs were valued at $164.28 per share for reporting purposes and represent his entire reported direct holding after the transaction.
According to the grant terms, 100% of the shares subject to this restricted stock unit award will vest on the earlier of the one-year anniversary of the grant date or the date immediately preceding the company’s next annual stockholder meeting for the following year, as long as he continues to serve as a director through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Skovronsky Daniel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,674 | $164.28 | $275K |
Holdings After Transaction:
Common Stock — 1,674 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,674 shares
Grant value per share: $164.28 per share
Shares held after grant: 1,674 shares
+1 more
4 metrics
RSUs granted
1,674 shares
Restricted stock unit award to director on June 16, 2026
Grant value per share
$164.28 per share
Value used for the RSU grant
Shares held after grant
1,674 shares
Total reported direct holding following the transaction
Vesting trigger
1 year from grant or before next annual meeting
Full RSU vesting condition tied to board service
Key Terms
restricted stock units, vest, annual meeting of the company's stockholders
3 terms
restricted stock units financial
"Grant of restricted stock units. 100% of the shares subject to the restricted stock unit award shall vest"
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.
vest financial
"100% of the shares subject to the restricted stock unit award shall vest on the earlier of"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the company's stockholders financial
"the date immediately preceding the date of the annual meeting of the company's stockholders for the year following"
FAQ
What insider transaction did Illumina (ILMN) director Daniel Skovronsky report?
Daniel Skovronsky reported receiving 1,674 shares of Illumina common stock through a restricted stock unit grant. This is a compensation-related award, not an open-market purchase, and it represents his entire reported direct holding after the transaction.
At what value were Daniel Skovronsky’s Illumina (ILMN) RSUs reported?
The 1,674 restricted stock units granted to Daniel Skovronsky were reported at $164.28 per share. This value is used for reporting and accounting purposes and does not represent an open-market transaction price paid by the director.
When do Daniel Skovronsky’s Illumina (ILMN) restricted stock units vest?
All 1,674 restricted stock units vest in a single tranche on the earlier of one year after the grant date or immediately before the next annual stockholder meeting for the following year, provided he continues serving as a director through that vesting date.
Is Daniel Skovronsky’s Form 4 transaction in Illumina (ILMN) a market purchase?
No, the Form 4 reports a grant of restricted stock units to Daniel Skovronsky, classified as a grant or award acquisition. It is part of director compensation and not an open-market buy or sell transaction in Illumina shares.