Form 4: Illumina CEO Jacob Thaysen Reports Stock Disposal to Cover Tax Obligations
SEC Filing
Illumina's CEO, Jacob Thaysen, disposed of 2,064 shares of common stock on February 15, 2025, to satisfy tax withholding obligations.
Summary
- On February 19, 2025, a Form 4 filing with the SEC was submitted by Robert Maynes on behalf of Jacob Thaysen, CEO of Illumina, Inc.
- The filing reports a transaction on February 15, 2025, where 2,064 shares of Illumina's common stock were disposed of at a price of $101.09 per share.
- This disposal was to cover tax obligations related to equity awards.
- Following the transaction, Thaysen directly owns 42,331 shares of Illumina common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock disposal transaction. |
| 02/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, Illumina, Jacob Thaysen, Stock Disposal, Tax Obligations, Beneficial Ownership, SEC Filing
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