Wedel Christensen Jakob 4

What Happened

• Jakob Wedel Christensen, Senior Vice President, Strategy & Corporate Development at Illumina, reported dispositions tied to an equity event. On 2026-05-05, 233 shares were disposed at $139.07 per share (reported as payment of exercise price/tax withholding) for $32,403. On 2026-05-06 he sold 700 shares in an open-market transaction at $139.04 per share for $97,328. These are sales/liquidations (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-05-05: 233 shares withheld/used for tax or exercise payment at $139.07 (total $32,403) — code F.
  • 2026-05-06: 700 shares sold in open market at $139.04 (total $97,328) — code S.
• Combined proceeds (both transactions): approximately $129,731.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes/meaning: Code F indicates shares were used to satisfy a tax liability or to pay an exercise price (common after option exercises or restricted stock vesting). Code S denotes an open-market sale.
• Filing timeliness: Report filed 2026-05-07 for transactions on 2026-05-05 and 2026-05-06; filing appears timely (no late‑filing flag shown).

Context

• The F-code withholding plus a subsequent open-market sale is commonly seen when insiders satisfy tax obligations related to option exercises or vesting and/or sell additional shares for liquidity. Sales are routine insider activity and do not, by themselves, indicate company performance or insider sentiment.