Illumina (ILMN) Director Anna Richo Receives Award

What Happened

• Anna Richo, a director of Illumina, was granted 2,072 restricted stock units (RSUs) on 2026-05-21. The grant is reported at a grant price of $144.83 per share, representing a total reported value of approximately $300,088. This was an award (grant), not a purchase or sale.

Key Details

• Transaction date and price: 2026-05-21 at $144.83 per share (total value ≈ $300,088).
• Shares acquired: 2,072 RSUs granted.
• Shares owned after transaction: Not specified in this filing.
• Footnote/vesting: Footnote states 100% of the RSUs vest on the earlier of (i) one year after grant or (ii) the day before the company’s next-year annual meeting, provided Richo continues to serve as a director on the vesting date.
• Filing timeliness: Report covers 2026-05-21 and was filed 2026-05-22 (filed promptly; not flagged as late).

Context

• RSUs are a grant of restricted stock units that convert into shares upon vesting; this award does not represent an immediate sale or open-market purchase. Director equity awards are common as compensation and reflect deferred compensation tied to continued service rather than an open-market investment decision.