Illumina Director Scott B. Ullem Receives Quarterly Retainer Shares
ILLUMINA, INC.
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Filing Summary
# Insider Transaction: ILLUMINA, INC. (ILMN)
**Insider:** Ullem Scott B. (Director)
**Type:** Acquisition (Award/Grant in lieu of cash retainer)
**Shares:** 113 @ $219.80
**Total Value:** $24,837.82
**Ownership Post-Transaction:** 11,143 shares
**Significance:** Low (Routine quarterly director retainer compensation)
Comprehensive Analysis
Executive Summary
On October 2, 2026, Illumina, Inc. (NASDAQ: ILMN) filed a Form 4 detailing an acquisition of common stock by Director Scott B. Ullem. The transaction occurred on September 30, 2026, and involved the issuance of 113 shares of Common Stock at an implied price of $219.8037 per share, totaling approximately $24,837.82.
Transaction Details
- Security: Common Stock
- Transaction Code:
A(Award / Grant) - Shares Acquired: 113 shares
- Effective Price: $219.8037 per share
- Total Consideration: $24,837.82
- Post-Transaction Direct Holdings: 11,143 shares
Context and Footnote Details
Per footnote (1) of the filing, Mr. Ullem elected to receive 100% of his 2026 board and committee cash retainer fees in Illumina stock. The number of shares issued was calculated based on the volume weighted average closing price per share over the immediately completed third quarter of 2026. This acquisition reflects standard quarterly non-employee director compensation paid in equity rather than an open-market insider purchase.
Market and Trading Significance
The trading significance of this filing is Low. It represents an administrative issuance of shares in lieu of cash retainer fees under pre-established board compensation arrangements, offering limited incremental signal regarding forward operational performance or insider sentiment.
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