Illumina Chief Legal Officer Julie Ann Coletti Receives Equity Compensation Grants

Executive Equity Grant Overview

On September 10, 2026, Illumina, Inc. ($ILMN) reported Form 4 equity compensation grants awarded to Chief Legal Officer Julie Ann Coletti on September 8, 2026.

Key Details:

• Non-Derivative Grants (Restricted Stock Units):

  • 4,549 RSUs: Vesting annually at 25% per year over 4 years.
  • 14,214 RSUs: Vesting in three equal tranches of 33.3% on September 5, 2027, September 5, 2028, and September 5, 2029.
  • Total RSU Acquisition: 18,763 shares at $0.00 exercise/purchase price.
  • Post-Transaction Beneficial Ownership: 18,763 common shares held directly.

• Derivative Grants (Performance Stock Units - PSUs):

  • 5,307 PSUs (EPS-based): Contingent vesting on December 31, 2028, based on 3-year average consolidated non-GAAP EPS growth (payout range 0%–250%).
  • 5,307 PSUs (TSR-based): Contingent vesting on December 31, 2028, based on relative Total Shareholder Return performance (payout range 0%–250%).

Significance Assessment:

• Trading Significance: Low. The reported transactions represent routine executive equity grants rather than open-market purchases or sales, aligning executive compensation with long-term company performance.