Form 4: Illumina CTO Steven Barnard Reports Routine Stock Sale
Insider Transaction Report
Illumina's SVP, Chief Technology Officer, Steven Barnard, reported the disposition of 515 shares of common stock at $122.44 per share, primarily for tax withholding.
Summary
- Steven Barnard, SVP, Chief Technology Officer of Illumina, Inc. (ILMN), reported a transaction involving the company's common stock.
- On November 5, 2025, Barnard disposed of 515 shares of Illumina common stock.
- The shares were disposed of at a price of $122.44 per share.
- The transaction code 'F' indicates that this disposition was to cover tax withholding obligations upon the vesting of restricted stock or the exercise of options.
- Following this transaction, Steven Barnard beneficially owns 33,031 shares of Illumina common stock directly.
- The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged plan.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares for tax withholding purposes, which is a common occurrence for executives and generally considered neutral in terms of company sentiment.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide information related to broader industry trends or competitive landscape for Illumina, Inc.
Stakeholder Impact
- Shareholders: A minor, routine insider sale for tax purposes is unlikely to have a significant impact on shareholder sentiment or the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 11/05/2025 | Date of earliest transaction (disposition of common stock) |
| 11/07/2025 | Date the Form 4 was signed and filed |
Keywords
Illumina, ILMN, Steven Barnard, CTO, Insider Transaction, Form 4, Stock Sale, Beneficial Ownership
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