SCHILLER PHILIP W 4

What Happened

• Philip W. Schiller, a director of Illumina, Inc. (ILMN), was granted 2,072 restricted stock units (RSUs) on May 21, 2026. The award is reported at a per-share value of $144.83, for a total grant value of approximately $300,088. This is an award/grant (transaction code A), i.e., an acquisition of shares via compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-21; Filing date (Form 4): 2026-05-22 (filed the next day).
• Grant size and valuation: 2,072 RSUs at $144.83 per share; total ≈ $300,088.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The RSUs vest 100% on the earlier of (i) one year after grant or (ii) the day before the company’s annual meeting the year after the grant, provided Schiller continues to serve as a director on the vesting date.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or late-filing indication noted in the provided data.

Context

• RSU grants are a common form of director compensation and represent future equity contingent on continued service; they are recorded as acquisitions when granted but do not necessarily reflect an immediate purchase decision by the insider.
• Because vesting is tied to continued service and a time-based schedule, this award does not indicate immediate sale or transfer of shares.