Barnard Steven 4

What Happened
Steven Barnard, Senior Vice President and Chief Technology Officer at Illumina (ILMN), had 1,259 shares disposed on Feb 15, 2026 as a tax-withholding transaction. The shares were valued at $116.51 each, for a total of $146,686. This was a withholding to satisfy tax obligations (not an open-market sale or purchase), a routine administrative disposition following an option exercise or equity vesting.

Key Details

• Transaction date: 2026-02-15; Filing date (SEC Accession): 2026-02-18.
• Price per share: $116.51; Shares withheld/disposed: 1,259; Total value: $146,686.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: Filing occurred three days after the transaction date; Form 4s are generally due within two business days, so this filing may be late.

Context
A code F disposition typically means shares were retained by the company to satisfy tax withholding on exercised options or vested awards — effectively a cashless outcome for the insider. Such withholding transactions are routine and do not necessarily signal a change in the insider’s view of the company.