Meister Keith A. 4
4 · ILLUMINA, INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Illumina (ILMN) Director Keith Meister Receives 142-Share Award
What Happened
- Keith A. Meister, a director of Illumina, was issued 142 shares of Illumina common stock on 2026-06-30 at an effective price of $149.19 per share, for a total value of $21,185. The transaction is coded as an acquisition/award (A) — shares issued in lieu of cash retainer fees. This is a routine director compensation issuance rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Filing date (Form 4): 2026-07-02 (timely filed).
- Price per share: $149.19; Shares acquired: 142; Total value: $21,185.
- Shares owned after the transaction: not specified in the filing.
- Footnote F1: Meister elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock; the share count was calculated using the quarter’s VWAP. The reported amount represents his Q2 2026 retainer fees.
- Footnote F2: These shares are held for accounts of certain private investment funds (the "Corvex Funds") for which Corvex Management LP acts as adviser; the Reporting Person controls the general partner of Corvex.
- Transaction code: A (award/acquisition). No indication of late filing.
Context
- Shares issued in lieu of cash retainers are common for directors and are generally administrative/compensation-related rather than a direct signal of personal bullish trading. The shares appear to be held for investment funds advised by Corvex, not necessarily held personally by Meister.
Insider Transaction Report
Form 4
ILLUMINA, INC.ILMN
Meister Keith A.
Director
Transactions
- Award
Common Stock
[F1]2026-06-30$149.19/sh+142$21,185→ 6,780 total
Holdings
- 2,830,452(indirect: See footnote)
Common Stock
[F2]
Footnotes (2)
- [F1]Mr. Meister elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock. The number of shares issued in lieu of cash is based on the quotient of (i) the cash compensation otherwise payable for the immediately completed quarter divided by (ii) the volume weighted average closing price per share during the immediately completed quarter, calculated by reference to each trading day during such quarter. The amount reported on this Form represents Mr. Meister's 2nd quarter 2026 retainer fees.
- [F2]These securities of Illumina, Inc. are held for the accounts of certain private investment funds (collectively, the "Corvex Funds") for which Corvex Management LP ("Corvex") acts as investment adviser, including Corvex Master Fund LP and Corvex Select Equity Master Fund LP. The general partner of Corvex is controlled by the Reporting Person.
Signature
Robert Maynes for Keith Meister|2026-07-02