Illumina (ILMN) CTO uses 1,259 shares for tax-withholding on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ILLUMINA, INC. senior vice president and chief technology officer Steven Barnard reported a Form 4 transaction involving company common stock. On February 15, 2026, he disposed of 1,259 shares in a tax-withholding disposition to cover tax obligations, a non-open-market event. After this transaction, he directly owned 33,435 shares of Illumina common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barnard Steven
Role
SVP, Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,259 | $116.51 | $147K |
Holdings After Transaction:
Common Stock — 33,435 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Illumina (ILMN) CTO Steven Barnard report on this Form 4?
Steven Barnard reported a tax-withholding disposition of Illumina common stock. He disposed of 1,259 shares on February 15, 2026 under code F, which reflects payment of tax liability by delivering already-held shares, not an open-market sale.
What does transaction code F mean in the Illumina (ILMN) Form 4 filed by Steven Barnard?
Transaction code F indicates “payment of exercise price or tax liability by delivering securities.” In this case, Steven Barnard disposed of 1,259 shares of Illumina common stock to cover tax obligations arising from equity compensation, rather than selling shares on the open market.
Is Steven Barnard’s ownership in Illumina (ILMN) direct or indirect after this Form 4?
Steven Barnard’s post-transaction ownership is reported as direct. The Form 4 lists 33,435 common shares held with ownership code D and no additional nature-of-ownership footnote, indicating direct, personally attributed holdings in Illumina common stock.