Illumina (ILMN) VP reports tax-withholding disposition of 694 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ILLUMINA, INC. executive Scott D. Ericksen, the VP and Chief Accounting Officer, reported a Form 4 transaction involving a tax-related share disposition. On February 15, 2026, he disposed of 694 shares of Common Stock in a tax-withholding transaction at $116.51 per share, leaving him with 13,229 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ericksen Scott D
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 694 | $116.51 | $81K |
Holdings After Transaction:
Common Stock — 13,229 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did ILMN executive Scott D. Ericksen report?
Scott D. Ericksen reported a tax-related share disposition on Form 4. He disposed of 694 shares of Illumina common stock at $116.51 per share to satisfy tax withholding obligations, rather than through an open-market sale.
Was the ILMN insider transaction by Scott D. Ericksen a market sale?
No, the transaction was not a typical market sale. It was coded as an "F" transaction, indicating shares were disposed of to pay exercise price or tax liabilities, a tax-withholding disposition rather than a discretionary sale on the open market.
What transaction code was used in the ILMN Form 4 filed by Scott D. Ericksen?
The Form 4 used transaction code "F" for Scott D. Ericksen’s activity. This code indicates payment of an exercise price or tax liability by delivering securities, describing a tax-withholding disposition of shares instead of a standard buy or sell transaction.
What type of security was involved in Scott D. Ericksen’s ILMN Form 4 filing?
The transaction involved Illumina common stock. Scott D. Ericksen disposed of 694 shares of this common stock in a tax-withholding transaction, and following this event his directly owned common stock position totaled 13,229 shares.