Illumina CLO Sells $44k in Stock Under 10b5-1 Plan
ILLUMINA, INC.
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Filing Summary
Illumina CLO Sells $44k in Stock Under 10b5-1 Plan
Company: ILLUMINA, INC. (ILMN) Form: 4 | Filed: 2025-12-16 Significance: Low
Insider: Davies Scott M Title: Chief Legal Officer | Relationship: Officer
Transaction: • Type: Sell • Shares: 323 • Price: $136.09 • Value: $43,957 • Owned After: 17,887
Key Insight: The sale represents a negligible fraction of the company's market cap (0.0002%) and was executed under a pre-scheduled 10b5-1 trading plan, indicating it is likely not based on new non-public information.
Market Context: This is a routine, low-value transaction for an executive at a large-cap company like Illumina ($18.44B market cap).
Comprehensive Analysis
SEC Filing Analysis: ILLUMINA, INC. (ILMN)
Executive Summary
- Trading Significance: Low
- Key Takeaway: The Chief Legal Officer of Illumina sold a small amount of stock ($43,957) under a pre-arranged 10b5-1 trading plan.
- Market Impact: The transaction is immaterial and expected to have a neutral impact on the stock.
Company Information
| Field | Value |
|---|---|
| Company | ILLUMINA, INC. |
| Ticker Symbol | ILMN |
| CIK | 0001110803 |
| Industry | Laboratory Analytical Instruments |
Insider Information
| Field | Value |
|---|---|
| Name | Davies Scott M |
| CIK | 0002040663 |
| Title/Position | Chief Legal Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-12-12 |
| Transaction Code | S (Sale) |
| Security Type | Common Stock |
| Shares Involved | 323 |
| Price Per Share | $136.09 |
| Total Value | $43,957.07 |
| Shares Owned After | 17,887 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $43,957.07 |
| % of Market Cap | 0.00024% |
| Shares Transacted | 323 |
| % of Shares Outstanding | 0.00021% |
| Post-Transaction Ownership | 17,887 shares (0.0116% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a company with an $18.44 billion market capitalization, this transaction is financially insignificant.
- Ownership Concentration: The sale represents a very small portion (1.77%) of the insider's direct holdings and does not materially change their ownership stake.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction's value is negligible compared to the company's market cap and daily trading volume. The sale was also conducted under a 10b5-1 plan, reducing its signaling value.
Volume & Sentiment
- Expected Volume Impact: None. The number of shares is too small to affect trading volume.
- Sentiment Indicator: Neutral. This is a routine, pre-planned sale with no informational value.
Additional Context
Transaction Notes
- Special Circumstances: The filing indicates this sale was made pursuant to a Rule 10b5-1 trading plan, which allows insiders to set up pre-arranged trading schedules to avoid accusations of trading on non-public information.
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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.