Illumina (NASDAQ: ILMN) SVP receives stock and performance awards

Rhea-AI Filing Summary

Wedel Christensen Jakob reported acquisition or exercise transactions in this Form 4 filing.

ILLUMINA, INC. senior vice president Jakob Wedel Christensen reported awards of restricted stock units and performance stock units as part of his compensation. He received 5,615 shares of common stock in the form of restricted stock units that vest in four equal annual installments from February 15, 2027 through February 15, 2030, subject to continued service. He also received performance stock units that each represent a contingent right to one share of common stock, with payout ranging from 0% to 250% of the target amount based on non-GAAP earnings per share growth for fiscal years 2026–2028 and relative total shareholder return for the fiscal year ending December 31, 2028.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Wedel Christensen Jakob

Role SVP, Strategy/Corp Development

Type	Security	Shares	Price	Value
Grant/Award	Performance Shares	6,551	$128.24	$840K
Grant/Award	Performance Shares	6,551	$128.24	$840K
Grant/Award	Common Stock	5,615	$128.24	$720K

Holdings After Transaction: Performance Shares — 6,551 shares (Direct); Common Stock — 15,989 shares (Direct)

Footnotes (1)

1. Grant of restricted stock units shall vest as follows: 25% of the shares subject to the award shall vest on each of February 15, 2027, February 15, 2028, February 15, 2029, and February 15, 2030, subject to awardee's continuing status as a service provider on such dates. Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's three-year average consolidated non-GAAP earnings per share growth for fiscal years 2026-2028 with vesting on December 31, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the Company's actual three-year average consolidated non-GAAP earnings per share growth for fiscal years 2026-2028, relative to pre-defined objectives, subject to awardee's continuing to be a service provider on such dates. Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's relative total shareholder return for the fiscal year ending December 31, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending December 31, 2028, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Wedel Christensen Jakob

(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)
	SVP, Strategy/Corp Development

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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	03/05/2026		A		5,615(1)	A	$128.24	15,989	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	(2)	03/05/2026		A		6,551		(2)	12/31/2028	Common Stock	6,551	$128.24	6,551	D
Performance Shares	(3)	03/05/2026		A		6,551		(3)	12/31/2028	Common Stock	6,551	$128.24	6,551	D

Explanation of Responses:

1. Grant of restricted stock units shall vest as follows: 25% of the shares subject to the award shall vest on each of February 15, 2027, February 15, 2028, February 15, 2029, and February 15, 2030, subject to awardee's continuing status as a service provider on such dates.

2. Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's three-year average consolidated non-GAAP earnings per share growth for fiscal years 2026-2028 with vesting on December 31, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the Company's actual three-year average consolidated non-GAAP earnings per share growth for fiscal years 2026-2028, relative to pre-defined objectives, subject to awardee's continuing to be a service provider on such dates.

3. Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's relative total shareholder return for the fiscal year ending December 31, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending December 31, 2028, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.

	Robert Maynes for Jakob Wedel Christensen	03/09/2026
	** 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 insider transaction did ILMN executive Jakob Wedel Christensen report on this Form 4?

He reported equity awards rather than open-market trades. The filing shows grants of restricted stock units and performance stock units, giving him rights to Illumina common shares that vest over time and depend on future performance and continued service with the company.

How many Illumina (ILMN) restricted stock units were granted to the SVP?

He was granted 5,615 shares of Illumina common stock in the form of restricted stock units. These units vest 25% each on February 15, 2027, 2028, 2029, and 2030, conditioned on his continued status as a service provider on those vesting dates.

How do the Illumina (ILMN) performance stock units in this Form 4 vest?

Each performance stock unit represents a contingent right to one share of common stock. The actual shares issued can range from 0% to 250% of target, depending on Illumina’s three-year average non-GAAP earnings per share growth and relative total shareholder return against predefined objectives.

What performance periods apply to the Illumina (ILMN) performance share awards?

One set of performance stock units is tied to non-GAAP earnings per share growth for fiscal years 2026–2028, with vesting on December 31, 2028. Another set is tied to relative total shareholder return for the fiscal year ending December 31, 2028, both requiring continued service.

Does this Illumina (ILMN) Form 4 indicate insider buying or selling in the market?

The transactions reflect equity grants, not market purchases or sales. All three entries use code “A” for grant or award acquisitions, showing compensation-related stock and performance unit awards rather than discretionary trading of Illumina shares on the open market.