Ullem Scott B. 4
4 · ILLUMINA, INC. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Illumina (ILMN) Director Scott B. Ullem Receives RSU Award (2,072 shares)
What Happened
Scott B. Ullem, a director of Illumina, Inc. (ILMN), was granted 2,072 restricted stock units (RSUs) on 2026-05-21. The award was reported at a per-share value of $144.83 for a total grant value of approximately $300,088. This is an equity award (compensation) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-22 (filed within the Form 4 reporting window).
- Award size and value: 2,072 RSUs at $144.83 per share; total ~$300,088.
- Vesting: 100% of the RSUs vest on the earlier of (i) one year after grant or (ii) the day before the company’s next annual meeting, provided Ullem continues to serve as a director (per filing footnote).
- Shares owned following the transaction: not specified in the provided filing.
- Transaction type code: A = Award/Grant (not a purchase or sale).
Context
RSU grants are a form of compensation and typically do not reflect an immediate market position because the shares are subject to vesting and possible forfeiture until vested. This grant increases potential future ownership if vesting conditions are met, but does not indicate an immediate open-market buy or sell. Filing was timely (reported the next day).
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21$144.83/sh+2,072$300,088→ 10,863 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.