DORSA CAROLINE 4
4 · ILLUMINA, INC. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Illumina (ILMN) Director Dorsa Caroline Receives RSU Award
What Happened
Dorsa Caroline, a director of Illumina, received a grant of 2,072 restricted stock units (RSUs) on 2026-05-21 valued at $300,088 (2,072 shares × $144.83). The filing also shows a disposal of 1,512 shares on 2026-05-20 to satisfy a tax withholding/payment obligation, valued at $214,583 (1,512 shares × $141.92). The grant is a compensation award (not an open-market purchase).
Key Details
- Grant date and acquisition: 2026-05-21 — 2,072 RSUs at $144.83 each; aggregate reported value $300,088. (Transaction code A = Award/Grant)
- Tax withholding/disposition: 2026-05-20 — 1,512 shares disposed at $141.92 each; aggregate $214,583. (Transaction code F = payment of exercise price or tax liability via share withholding)
- Vesting note: Footnote indicates the RSUs vest 100% on the earlier of (i) one year after grant or (ii) the day before the next year’s annual meeting, subject to continued service.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed 2026-05-22 (appears to be timely following the 5/20–5/21 transactions).
Context
RSU grants are compensation and do not represent an open‑market purchase; the withheld/disposed shares reflect routine tax withholding rather than a market sale. The award vests on a time-based schedule (subject to continued service), so the shares are not immediately free to trade until vested.
Insider Transaction Report
- Tax Payment
Common Stock
2026-05-20$141.92/sh−1,512$214,583→ 13,682 total - Award
Common Stock
[F1]2026-05-21$144.83/sh+2,072$300,088→ 15,754 total
Footnotes (1)
- [F1]Grant of restricted stock units. 100% of the shares subject to the restricted stock unit award shall vest on the earlier of (i) the one year anniversary of the date of grant of the award and (ii) the date immediately preceding the date of the annual meeting of the company's stockholders for the year following the year of grant of the award, provided, in each case, that the awardee continues to serve as a director on such date.