STOCK TITAN

Illumina (ILMN) director Philip Schiller receives 2,072-share restricted stock grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SCHILLER PHILIP W reported acquisition or exercise transactions in this Form 4 filing.

ILLUMINA, INC. director Philip W. Schiller received an equity grant of 2,072 shares of Common Stock in the form of restricted stock units, valued at $144.83 per share. Following this award, he holds 22,220 shares directly.

The restricted stock units will vest 100% on the earlier of one year from the grant date or immediately before the company’s next annual stockholder meeting for the following year, as long as he continues serving as a director through that date.

Positive

  • None.

Negative

  • None.
Insider SCHILLER PHILIP W
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,072 $144.83 $300K
Holdings After Transaction: Common Stock — 22,220 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 2,072 shares Restricted stock unit award to director
Grant reference price $144.83 per share Value per share used in the award disclosure
Post-grant holdings 22,220 shares Total Common Stock held directly after the award
restricted stock units financial
"Grant of restricted stock units. 100% of the shares subject to the restricted stock unit award shall vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"100% of the shares subject to the restricted stock unit award shall vest on the earlier of"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the company's stockholders financial
"the date immediately preceding the date of the annual meeting of the company's stockholders for the year following"
director financial
"provided, in each case, that the awardee continues to serve as a director on such date"
SEC Form 4
FORM 4UNITED 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*
SCHILLER PHILIP W

(Last)(First)(Middle)
5200 ILLUMINA WAY

(Street)
SAN DIEGO CALIFORNIA 92122

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ILLUMINA, INC. [ ILMN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A2,072(1)A$144.8322,220D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Grant of restricted stock units. 100% of the shares subject to the restricted stock unit award shall vest on the earlier of (i) the one year anniversary of the date of grant of the award and (ii) the date immediately preceding the date of the annual meeting of the company's stockholders for the year following the year of grant of the award, provided, in each case, that the awardee continues to serve as a director on such date.
By: Robert Maynes for Philip W. Schiller05/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ILMN director Philip Schiller report on this Form 4?

Philip W. Schiller reported receiving an equity grant of 2,072 shares of Illumina Common Stock as restricted stock units. This is a compensation-related award, not an open-market purchase or sale, and increases his directly held position in the company.

How many Illumina (ILMN) shares does Philip Schiller hold after this grant?

After the restricted stock unit grant, Philip W. Schiller holds 22,220 shares of Illumina Common Stock directly. This total reflects his position immediately following the award, as disclosed in the Form 4, and provides context for the size of the new grant.

What are the vesting terms of Philip Schiller’s Illumina restricted stock units?

The 2,072 restricted stock units vest 100% on the earlier of one year after the grant date or immediately before Illumina’s next annual stockholder meeting for the following year, provided Philip Schiller continues serving as a director through the applicable vesting date.

Was Philip Schiller’s Illumina transaction a market buy or sell of ILMN shares?

The filing shows a grant of restricted stock units coded as a grant, award, or other acquisition, not a market buy or sell. It represents stock-based compensation, so no open-market purchase or sale of Illumina shares is reported in this Form 4.

What transaction code is used for Philip Schiller’s Illumina equity grant on Form 4?

The Form 4 uses transaction code “A” for Philip Schiller’s award, which denotes a grant, award, or other acquisition of securities. In this case, it represents 2,072 restricted stock units of Illumina Common Stock granted as part of his director compensation.