Form 4: Illumina Director Frances Arnold Reports Stock Disposal
SEC Form 4 Filing
Director Frances Arnold reports disposing of 120 shares of Illumina stock at $93.48 on February 27, 2025.
Summary
- Frances Arnold, a director of Illumina, Inc., filed a Form 4 on March 3, 2025, reporting a transaction.
- On February 27, 2025, she disposed of 120 shares of Illumina common stock at a price of $93.48 per share.
- Following the transaction, Arnold beneficially owns 17,127 shares of Illumina common stock.
- The filing also mentions an adjustment to unvested equity award units related to the spin-out of Grail, Inc. on June 24, 2024, resulting in an increase of 53 units to Dr. Arnold's unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to track the buying and selling activity of directors and officers, which can provide insights into their perspectives on the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| June 24, 2024 | Completion of Illumina's spin-out of Grail, Inc. |
| February 27, 2025 | Date of stock disposal transaction |
| March 03, 2025 | Date of Form 4 filing |
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