Thaysen Jacob 4

What Happened

• Thaysen Jacob, CEO of Illumina, had 6,544 shares disposed as a tax-withholding transaction (code F) on 2026-02-15. The shares were valued at $116.51 each, totaling approximately $762,441. This is a withholding to satisfy tax obligations, not an open-market sale.

Key Details

• Transaction date: 2026-02-15; filing date (Form 4): 2026-02-18 (timely).
• Price per share: $116.51; shares withheld/disposed: 6,544; total value ≈ $762,441.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the filing.
• No 10b5-1 plan or other footnotes were reported in the summary details provided.

Context

• Code F usually means shares were withheld to cover taxes associated with an option exercise or equity vesting (a cashless/withholding settlement). This is a routine administrative transaction and does not necessarily indicate a change in the insider’s view of the company.