Gottlieb Scott 4
Research Summary
AI-generated summary
Illumina (ILMN) Director Scott Gottlieb Receives RSU Award
What Happened
- Scott Gottlieb, a director of Illumina, was granted 2,072 restricted stock units (RSUs) on 2026-05-21. The reported per-share value for the award was $144.83, for a total grant value of $300,088. This is an award/acquisition (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-21; Filing date: 2026-05-22 (filed the day after the transaction).
- Award: 2,072 RSUs @ $144.83 per share; total reported value $300,088.
- Shares owned after the transaction: not disclosed in this filing.
- Footnote: The RSUs vest 100% the day before the company’s annual meeting in the year of the award, provided the director continues to serve on that date.
- No indication of a 10b5-1 plan, sale, or tax-withholding disposition in the provided filing details.
Context
- RSUs are a form of compensation that convert to actual shares upon vesting; this grant reflects director compensation rather than an investment market purchase. Such awards are common for board members and do not, by themselves, indicate the director’s intent to buy or sell stock.