Illumina director-linked funds sell 375,941 shares
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Rhea-AI Filing Summary
ILLUMINA, INC. (ILMN) director Keith A. Meister reported indirect sales of 375,941 shares of Illumina common stock on August 25–27, 2026. The shares were sold by Corvex-managed investment funds at weighted average prices from about $225.26 to $231.23 per share. Meister and Corvex disclaim beneficial ownership beyond their pecuniary interests. He also reports 6,780 shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F10, F1, F2 | 4,873 | $226.74 | $1.10M |
| Sale | Common Stock F11, F1, F2 | 54,309 | $227.67 | $12.36M |
| Sale | Common Stock F12, F1, F2 | 24,363 | $228.64 | $5.57M |
| Sale | Common Stock F13, F1, F2 | 16,990 | $229.72 | $3.90M |
| Sale | Common Stock F14, F1, F2 | 28,439 | $230.54 | $6.56M |
| Sale | Common Stock F15, F1, F2 | 9,405 | $231.23 | $2.17M |
| Sale | Common Stock F6, F1, F2 | 38,213 | $224.72 | $8.59M |
| Sale | Common Stock F7, F1, F2 | 53,123 | $225.69 | $11.99M |
| Sale | Common Stock F8, F1, F2 | 14,782 | $226.50 | $3.35M |
| Sale | Common Stock F9, F1, F2 | 425 | $227.22 | $97K |
| Sale | Common Stock F3, F1, F2 | 92,776 | $225.26 | $20.90M |
| Sale | Common Stock F4, F1, F2 | 38,201 | $226.13 | $8.64M |
| Sale | Common Stock F5, F1, F2 | 42 | $226.79 | $10K |
| holding | Common Stock | -- | -- | -- |
Footnotes (15)
- F1. These securities of Illumina, Inc. (the "Issuer") are held for the accounts of certain private investment funds (collectively, the "Corvex Funds") for which Corvex Management LP ("Corvex") acts as investment adviser, including Corvex Master Fund LP and Corvex Select Equity Master Fund LP. The general partner of Corvex is controlled by Keith Meister.
- F2. For the purposes of this filing, each of Corvex and Mr. Meister disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Corvex or Mr. Meister is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $224.77 to $225.76. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3)-(15) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $225.77 to $226.75.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $226.78 to $226.80.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $224.09 to $225.08.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $225.09 to $226.08.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $226.09 to $226.95.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $227.09 to $227.50.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $226.04 to $227.03.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $227.04 to $228.03.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $228.04 to $229.03.
- F13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $229.04 to $230.03.
- F14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $230.04 to $231.03.
- F15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $231.04 to $231.71.
Key Figures
Key Terms
weighted average price financial
pecuniary interest financial
beneficial ownership regulatory
Section 16 of the Securities Exchange Act of 1934 regulatory
investment adviser financial
FAQ
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What insider activity did ILMN disclose for Keith A. Meister in this Form 4?
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