Illumina (NASDAQ: ILMN) SVP sells 1,033 shares in planned trade
Rhea-AI Filing Summary
ILLUMINA, INC. (ILMN) executive Jakob Wedel Christensen, SVP, Strategy/Corp Development, reported selling 1,033 shares of common stock on 2026-08-18 at $191.52 per share in an open-market or private transaction. After this trade, he directly holds 14,023 shares. The transaction was affirmed as made under a Rule 10b5-1 trading plan.
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Insider Trade Summary 10b5-1
Net Seller: 1,033 shares
Net Sell
1 txn
Insider
Wedel Christensen Jakob
Role
SVP, Strategy/Corp Development
Sold
1,033 shs ($198K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,033 | $191.52 | $198K |
Holdings After Transaction:
Common Stock — 14,023 shares (Direct)
Key Figures
Shares sold: 1,033 shares
Sale price per share: $191.52
Shares owned after transaction: 14,023 shares
3 metrics
Shares sold
1,033 shares
Common Stock sale on 2026-08-18
Sale price per share
$191.52
Common Stock transaction on 2026-08-18
Shares owned after transaction
14,023 shares
Direct ownership after reported sale
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was affirmed as made 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.
open market or private transaction market
"Sale in open market or private transaction"
Form 4 regulatory
"He reported the sale on Form 4 as an officer of Illumina"
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.
FAQ
What insider transaction did ILMN executive Jakob Wedel Christensen report?
He reported a sale of 1,033 ILMN common shares on 2026-08-18 at $191.52 per share in an open-market or private transaction, leaving him with 14,023 shares held directly.
Was the ILMN insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing affirms that the reported transaction was conducted under a Rule 10b5-1 trading plan, indicating it was pre-arranged under that rule.
What is Jakob Wedel Christensen’s role at ILMN mentioned in this Form 4?
Jakob Wedel Christensen is identified as an officer of Illumina, Inc., holding the title SVP, Strategy/Corp Development in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.