Illumina (NASDAQ: ILMN) legal chief sells 615 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ILLUMINA, INC.'s Chief Legal Officer Scott M. Davies completed an open-market sale of company stock. He sold 615 shares of Common Stock at a price of $180 per share. After this transaction, he directly holds 20,953 Illumina shares, so the sale represents a small portion of his overall reported position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 615 shares ($110,700)
Net Sell
1 txn
Insider
Davies Scott M
Role
Chief Legal Officer
Sold
615 shs ($111K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 615 | $180.00 | $111K |
Holdings After Transaction:
Common Stock — 20,953 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 615 shares
Sale price: $180.00 per share
Shares owned after transaction: 20,953 shares
+1 more
4 metrics
Shares sold
615 shares
Open-market sale of Common Stock
Sale price
$180.00 per share
Price for the 615-share open-market sale
Shares owned after transaction
20,953 shares
Direct holdings following the reported sale
Transaction date
2026-06-25
Date of the open-market sale
Key Terms
Common Stock, open-market sale, Form 4, non-derivative
4 terms
Common Stock financial
"He sold 615 shares of Common Stock at a price of $180 per share."
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.
open-market sale financial
"completed an open-market sale of company stock."
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.
Form 4 regulatory
"reported on this 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.
non-derivative financial
"The transaction is classified as an open-market sale of non-derivative Common Stock."
FAQ
What did Illumina (ILMN) insider Scott M. Davies report on this Form 4?
Scott M. Davies, Illumina’s Chief Legal Officer, reported selling 615 shares of Common Stock. The shares were sold in an open-market transaction at $180 per share, and the filing updates his remaining direct ownership stake.
What type of transaction is reported in Scott M. Davies’ Illumina (ILMN) Form 4?
The Form 4 shows an open-market sale of Illumina Common Stock by Scott M. Davies. The transaction code is “S,” described as a sale in an open market or private transaction, and is categorized as a non-derivative equity transaction.
Does the Illumina (ILMN) Form 4 show any option exercises or derivative transactions?
No derivative activity is shown in this Form 4 excerpt. The transaction involves only non-derivative Common Stock, and the derivative section of the summary is empty, indicating no reported option exercises or other derivative conversions in this filing.