Form 4: Illumina CTO Sells Shares for Tax Withholding
Insider Trading Report (Form 4)
Illumina's SVP and Chief Technology Officer, Steven Barnard, disposed of 287 shares of common stock for tax obligations.
Summary
- Steven Barnard, SVP, Chief Technology Officer of Illumina, Inc. (ILMN), reported a disposition of common stock.
- The transaction involved 287 shares of common stock disposed of at a price of $98.93 per share.
- The disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following this transaction, Steven Barnard beneficially owns 33,546 shares of Illumina common stock.
- The transaction is reported to have occurred on September 5, 2025, and was filed on September 9, 2025.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding, which is neutral in sentiment.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction for tax purposes and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a small, non-discretionary transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/05/2025 | Date of common stock disposition by Steven Barnard. |
| 09/09/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
Illumina, ILMN, Steven Barnard, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Chief Technology Officer
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