Illumina VP Exercises 743 Performance Shares

Illumina’s VP and Chief Accounting Officer, Scott D. Ericksen, reported equity award activity involving performance-based shares.

Rhea-AI Filing Summary

Illumina’s VP and Chief Accounting Officer, Scott D. Ericksen, reported equity award activity involving performance-based shares. On 02/12/2026, 743 performance share units were exercised at an exercise price of $0, converting into 743 shares of Illumina common stock.

According to the footnote, these shares were awarded because the company achieved at least 74% of the applicable performance criteria under a March 1, 2023 performance share grant. On the same date, 306 common shares were disposed of at $114.44 per share in a tax-withholding transaction, leaving Ericksen with direct ownership of 13,923 Illumina common shares.

Insider Trade Summary

743 shares exercised/converted

Exercise 3 txns

Insider Ericksen Scott D

Role VP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Performance Shares	743	$0.00	$0.00
Exercise	Common Stock	743	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	306	$114.44	$35K

Holdings After Transaction: Performance Shares — 0 contracts (Direct); Common Stock — 13,923 shares (Direct)

Footnotes (1)

1. F1. Represents shares of stock awarded as a result of the Company achieving at least 74% of the applicable performance criteria pursuant to the reporting person's grant of performance share units on March 1, 2023.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Illumina (ILMN) report for Scott D. Ericksen?

Illumina reported that VP and Chief Accounting Officer Scott D. Ericksen exercised 743 performance share units into common stock on February 12, 2026. As part of the same event, 306 shares were disposed of to cover tax withholding obligations associated with the equity award.

How many Illumina (ILMN) shares does Scott D. Ericksen own after this Form 4?

Following the reported transactions, Scott D. Ericksen directly owns 13,923 shares of Illumina common stock. This figure reflects the 743 shares issued upon exercise of performance share units and the 306 shares disposed of for tax withholding on February 12, 2026.

What triggered the 743 performance shares for Illumina (ILMN) executive Scott D. Ericksen?

The 743 shares resulted from Illumina achieving at least 74% of the performance criteria tied to Ericksen’s March 1, 2023 performance share unit grant. This performance outcome caused those units to be awarded and converted into an equivalent number of Illumina common shares.

What do the transaction codes M and F mean in Illumina (ILMN) Scott D. Ericksen’s Form 4?

Code M indicates the exercise or conversion of a derivative security, here performance share units turning into 743 shares of common stock. Code F shows a tax-withholding disposition, where 306 shares were delivered to satisfy tax liabilities arising from the equity award.

Was the tax-related share disposition for Illumina (ILMN) executive Scott D. Ericksen an open-market sale?

The Form 4 characterizes the 306-share disposition with code F, meaning shares were delivered to cover tax liability or exercise price. This indicates a tax-withholding-related transfer of shares, rather than an ordinary open-market sale initiated for portfolio or investment reasons.

What role does Scott D. Ericksen hold at Illumina (ILMN) according to the Form 4?

Scott D. Ericksen is identified as an officer of Illumina, serving as Vice President and Chief Accounting Officer. The Form 4 lists him as a reporting person with direct ownership of the securities involved in the February 12, 2026 performance share and related tax-withholding transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/17/2026 - 04:44 PM EST Learn about SEC filing dates

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^*

Ericksen Scott D

(Last) (First) (Middle)

5200 ILLUMINA WAY

(Street)

SAN DIEGO CA 92122

(City) (State) (Zip)

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)
	VP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/12/2026		M		743(1)	A	$0	14,229	D
Common Stock	02/12/2026		F		306	D	$114.44	13,923	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Shares	(1)	02/12/2026		M			743(1)	(1)	12/28/2025	Common Stock	743	$0	0	D

Explanation of Responses:

1. Represents shares of stock awarded as a result of the Company achieving at least 74% of the applicable performance criteria pursuant to the reporting person's grant of performance share units on March 1, 2023.

	By: Robert Maynes for Scott D. Ericksen	02/17/2026
	** 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.