Gottlieb Scott 4
Research Summary
AI-generated summary
Illumina (ILMN) Director Scott Gottlieb Buys 200 Shares
What Happened
Scott Gottlieb, a director of Illumina, reported an open-market purchase of 200 ILMN shares on February 9, 2026. The shares were acquired at $117.81 per share, for a total transaction value of $23,562. This was a purchase (insider buying), which some investors view as a more informative signal than routine sales, though it does not prove intent or future performance.
Key Details
- Transaction type: Open market purchase (code P)
- Transaction date and price: 2026-02-09 at $117.81 per share
- Shares acquired: 200; total value: $23,562
- Shares owned after transaction: Not specified in this filing
- Filing date: Form 4 filed 2026-02-11 (timely relative to the Feb 9 transaction)
- No footnotes, 10b5-1 plan, tax-withholding, or other special conditions disclosed in the reported transaction
Context
Insider purchases can indicate confidence by directors or executives, but they should be considered alongside other information (company fundamentals, market conditions, and size/frequency of trades). This single, modest open-market buy by a director is factual disclosure rather than a direct recommendation to buy or sell ILMN stock.