Illumina (ILMN) director Keith Meister granted 2,072 RSUs and updates holdings
Rhea-AI Filing Summary
Meister Keith A. reported acquisition or exercise transactions in this Form 4 filing.
ILLUMINA, INC. director Keith A. Meister reported an equity compensation grant and updated share holdings. He received an award of 2,072 shares of common stock in the form of restricted stock units at a reference price of $144.83 per share. These units are scheduled to vest in full on the day before the company’s next annual stockholder meeting, as long as he continues serving as a director through that date. After this grant, Meister holds 6,638 shares of Illumina common stock directly. In addition, 3,829,508 shares are reported as held indirectly for the accounts of private investment funds known as the Corvex Funds, for which Corvex Management LP acts as investment adviser.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,072 shares
Net Buy
2 txns
Insider
Meister Keith A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,072 | $144.83 | $300K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,638 shares (Direct);
Common Stock — 3,829,508 shares (Indirect, Corvex Funds)
Footnotes (2)
- F1. Grant of restricted stock units. 100% of the shares subject to the restricted stock unit award shall vest the date prior to the annual meeting of the company's stockholders in the year of the award, provided, in each case, that the awardee continues to serve as a director on such date.
- F2. These securities of Illumina, Inc. are held for the accounts of certain private investment funds (collectively, the "Corvex Funds") for which Corvex Management LP ("Corvex") acts as investment adviser, including Corvex Master Fund LP and Corvex Select Equity Master Fund LP. The general partner of Corvex is controlled by the Reporting Person.
Key Figures
RSU grant size: 2,072 shares
RSU grant price: $144.83/share
Direct holdings after grant: 6,638 shares
+1 more
4 metrics
RSU grant size
2,072 shares
Restricted stock unit award to director on May 21, 2026
RSU grant price
$144.83/share
Reference price for restricted stock unit award
Direct holdings after grant
6,638 shares
Illumina common stock directly owned by Keith A. Meister
Indirect Corvex holdings
3,829,508 shares
Shares held for Corvex Funds accounts advised by Corvex Management LP
Key Terms
restricted stock units, Corvex Funds, investment adviser, grant, award, or other acquisition
4 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.
Corvex Funds financial
"These securities of Illumina, Inc. are held for the accounts of certain private investment funds (collectively, the "Corvex Funds")..."
investment adviser financial
"for which Corvex Management LP ("Corvex") acts as investment adviser..."
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Keith A. Meister report in the latest Illumina (ILMN) Form 4?
Keith A. Meister reported receiving 2,072 Illumina common shares as a restricted stock unit grant. The filing also updates his direct holdings to 6,638 shares and reports 3,829,508 shares held indirectly for Corvex Funds advised by Corvex Management LP.
When do Keith Meister’s new Illumina (ILMN) restricted stock units vest?
All of the restricted stock units are scheduled to vest the day before Illumina’s annual stockholder meeting in the year of the award. Vesting depends on Meister continuing to serve as a director on that date, according to the award’s stated terms.
What indirect Illumina (ILMN) holdings associated with Keith Meister are disclosed?
The Form 4 reports 3,829,508 Illumina common shares held for the accounts of private investment funds collectively called the Corvex Funds. Corvex Management LP acts as investment adviser to these funds, and its general partner is controlled by Meister, according to the disclosure.
Was Keith Meister’s Illumina (ILMN) Form 4 a stock purchase or a compensation grant?
The filing shows a compensation grant, not an open-market stock purchase. It records 2,072 shares acquired under transaction code “A,” described as a grant, award, or other acquisition, reflecting director compensation rather than a discretionary market transaction in Illumina shares.