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Illumina (ILMN) operations chief uses shares to cover tax liability

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ILLUMINA, INC. Chief of Global Operations Kevin Carl Pegels reported a Form 4 transaction involving company common stock. On this date, he disposed of 1,164 shares at a price of $116.51 per share to satisfy tax obligations by delivering shares rather than paying cash. After this tax-withholding disposition, he directly holds 22,721 shares of Illumina common stock.

Positive

  • None.

Negative

  • None.
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*
Pegels Kevin Carl

(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)
Chief of Global Operations
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026
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 02/15/2026 F 1,164 D $116.51 22,721 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
Explanation of Responses:
By: Robert Maynes for Kevin Pegels 02/18/2026
** 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.

FAQ

What did Illumina (ILMN) executive Kevin Carl Pegels report on this Form 4?

Kevin Carl Pegels reported a tax-related share disposition on Illumina (ILMN) stock. He used 1,164 common shares at $116.51 each to cover tax obligations, a non-open-market transaction, and now directly holds 22,721 Illumina common shares.

How many Illumina (ILMN) shares were used for Kevin Pegels’ tax withholding?

Kevin Pegels used 1,164 Illumina (ILMN) common shares for tax withholding. The shares were valued at $116.51 each, and the transaction is coded as a tax-withholding disposition rather than a typical open-market sale or purchase.

What is Kevin Pegels’ remaining Illumina (ILMN) share ownership after this Form 4 transaction?

After the tax-withholding disposition, Kevin Pegels directly owns 22,721 Illumina (ILMN) common shares. This figure reflects his holdings immediately following the delivery of 1,164 shares to satisfy tax liabilities associated with an equity-related event.

Was the Illumina (ILMN) Form 4 transaction an open-market sale?

No, the Illumina (ILMN) Form 4 transaction was not an open-market sale. It is coded as a tax-withholding disposition, meaning 1,164 shares were delivered to cover tax or exercise costs, rather than being sold on the open market.

What transaction code appears on Kevin Pegels’ Illumina (ILMN) Form 4 filing?

The Form 4 shows transaction code F for Kevin Pegels’ Illumina (ILMN) transaction. Code F indicates payment of an exercise price or tax liability by delivering securities, distinguishing it from standard market buy or sell transactions.
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17.81B
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Diagnostics & Research
Laboratory Analytical Instruments
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United States
SAN DIEGO