Illumina, Inc. (ILMN) legal chief sells 615 shares in planned trade
Rhea-AI Filing Summary
Illumina, Inc. reports that Chief Legal Officer Scott M. Davies sold 615 shares of common stock on 2026-07-30 at $200.00 per share in a sale categorized as an open market or private transaction. The transaction was effected under a Rule 10b5-1 trading plan, and he now directly holds 20,338 shares of Illumina common stock.
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Insider Trade Summary 10b5-1
Net Seller: 615 shares
Net Sell
1 txn
Insider
Davies Scott M
Role
Chief Legal Officer
Sold
615 shs ($123K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 615 | $200.00 | $123K |
Holdings After Transaction:
Common Stock — 20,338 shares (Direct)
Key Figures
Shares sold: 615 shares
Sale price per share: $200.00 per share
Shares owned after transaction: 20,338 shares
+1 more
4 metrics
Shares sold
615 shares
Common stock sold on 2026-07-30 by Chief Legal Officer Scott M. Davies
Sale price per share
$200.00 per share
Price for the 615 Illumina common shares sold
Shares owned after transaction
20,338 shares
Direct ownership of Illumina common stock by Scott M. Davies following the sale
Transaction date
2026-07-30
Date of the reported non-derivative sale transaction
Key Terms
Rule 10b5-1 trading plan, Form 4, Common Stock, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: Common Stock in the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: non-derivative for the reported sale"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Illumina (ILMN) report for Scott M. Davies?
Illumina reported that Chief Legal Officer Scott M. Davies sold 615 shares of Illumina common stock on 2026-07-30. The transaction was classified as a sale in an open market or private transaction under a Rule 10b5-1 trading plan.
Was the Scott M. Davies Illumina (ILMN) stock sale under a Rule 10b5-1 plan?
Yes. The filing indicates the transaction was effected under a Rule 10b5-1 trading plan. This checkbox affirmation means the reported sale followed a pre-established trading arrangement rather than being an ad hoc discretionary trade.
What role does Scott M. Davies hold at Illumina (ILMN) in this Form 4 filing?
Scott M. Davies is identified as Chief Legal Officer of Illumina, Inc. in the filing. He is reported as an officer but not a director or ten percent owner, and the disclosed transaction involves shares held in his direct ownership.
What type of security did Scott M. Davies trade in this Illumina (ILMN) Form 4?
The transaction involves Common Stock of Illumina, Inc. It is reported as a non-derivative transaction, with 615 common shares sold and 20,338 common shares shown as directly owned after the transaction.