Form 4: Illumina Director Keith Meister Receives RSU Grant

Illumina, Inc. director Keith Meister was granted 2,072 restricted stock units as part of his director compensation.

Summary

• Director Keith Meister acquired 2,072 restricted stock units (RSUs) of Illumina, Inc. common stock.
• The transaction occurred on May 21, 2026, at a valuation of $144.83 per share.
• Following this grant, Meister holds 6,638 shares directly and maintains indirect beneficial ownership of 3,829,508 shares through Corvex Funds.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial strategy.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None.

Risks

• Vesting of the RSU award is contingent upon continued service as a director until the day prior to the annual meeting of stockholders.

Future Outlook

The RSUs are scheduled to vest on the date prior to the company's annual meeting of stockholders in the year of the award, subject to continued service.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure long-term alignment between directors and shareholders in the biotechnology and life sciences sector.

Comparison to Industry Standards

• The grant of RSUs as director compensation is consistent with standard practices for S&P 500 companies.
• The structure of the vesting period aligns with typical annual director compensation cycles observed in the life sciences industry.

Related Party Transactions

• The reporting person controls the general partner of Corvex Management LP, which manages funds holding 3,829,508 shares of the issuer.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the restricted stock units prior to the next annual meeting of stockholders.

Key Dates

Keywords

Illumina, ILMN, Keith Meister, Form 4, Insider Trading, Director Compensation, Corvex Management