Ullem Scott B. 4
4 · ILLUMINA, INC. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Illumina (ILMN) Director Scott B. Ullem Receives 190 Shares
What Happened
Scott B. Ullem, a director of Illumina, was issued 190 shares on March 31, 2026, at an effective price of $131.55 per share, representing $24,994. This transaction is recorded as an acquisition/award (code A) — shares issued in lieu of his cash board and committee retainer for Q1 2026, not an open-market purchase.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-02 (no late filing indicated).
- Price per share: $131.55; shares acquired: 190; total value: $24,994.
- Transaction code: A (award/acquisition).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: Mr. Ullem elected to receive 100% of his 2026 board/committee cash retainer in Illumina stock; the share count was calculated using the quarter’s volume-weighted average closing price (footnote F1).
Context
Issuances of shares in lieu of cash retainers are routine for directors and reflect compensation elections rather than a market bet on the stock. Such conversions are generally administrative and should not be interpreted as a strong buy/sell signal by themselves.
Insider Transaction Report
Form 4
ILLUMINA, INC.ILMN
Ullem Scott B.
Director
Transactions
- Award
Common Stock
[F1]2026-03-31$131.55/sh+190$24,994→ 8,791 total
Footnotes (1)
- [F1]Mr. Ullem elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock. The number of shares issued in lieu of cash is based on the quotient of (i) the cash compensation otherwise payable for the immediately completed quarter divided by (ii) the volume weighted average closing price per share during the immediately completed quarter, calculated by reference to each trading day during such quarter. The amount reported on this Form represents Mr. Ullem's 1st quarter 2026 retainer fees.
Signature
By: Robert Maynes for Scott B. Ullem|2026-04-02