Ullem Scott B. 4

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.