Corvex Management LP Files Form 144 Notice to Sell $87.2M in Illumina Common Stock
ILLUMINA, INC.
Subscribe to track ILMN
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
📢 Form 144 Notice: ILLUMINA, INC. ($ILMN)
Seller: Corvex Management LP (Affiliate of Director Keith Meister)
Proposed Sale: 369,501 shares
Estimated Value: $87,198,540.99 ($235.99/share)
Broker: Goldman Sachs & Co. LLC
Approx. Date of Sale: 11/03/2026
Past 3-month sales reported across multiple dates totaling substantial volume.
Comprehensive Analysis
Transaction Overview
Corvex Management LP, an affiliate of Illumina director Keith Meister, has filed a Form 144 notice disclosing the intended sale of up to 369,501 shares of Illumina, Inc. ($ILMN) Common Stock. The aggregate market value of the proposed transaction is approximately $87,198,540.99, reflecting an average share price of approximately $235.99.
Filing & Insider Details
- Issuer: Illumina, Inc. (CIK:
0001110803) - Reporting Entity: Corvex Management LP (CIK:
0001535472) - Relationship: Affiliate of Director. As detailed in the filing remarks, Keith Meister controls the general partner of Corvex Management LP and serves on Illumina's Board of Directors.
- Broker: Goldman Sachs & Co. LLC
- Acquisition Origin: Open market purchases executed between October 25, 2023, and March 27, 2025.
Historical Context (Past 3 Months)
Corvex has been actively liquidating shares over the preceding three months, with multiple transactions noted across August, September, and November 2026, comprising over 2.3 million shares previously sold. The current notice represents an ongoing monetization by the activist fund.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
