Form 4: Illumina's Interim General Counsel, Scott M. Davies, Reports Stock Disposal
SEC Form 4 Filing
Scott M. Davies, Interim General Counsel of Illumina, Inc., reported disposing of 1,068 shares of common stock on January 5, 2025.
Summary
- On January 5, 2025, Scott M. Davies, the Interim General Counsel of Illumina, Inc., disposed of 1,068 shares of common stock.
- The transaction was executed at a price of $138.65 per share.
- Following the transaction, Davies directly owns 12,336 shares of Illumina common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting a stock transaction by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a disposal of shares by Illumina's Interim General Counsel.
Stakeholder Impact
- The disposal of shares by a company insider could be perceived negatively by some shareholders, although single transactions are not necessarily indicative of a trend.
Key Dates
| Date | Description |
|---|---|
| 01/05/2025 | Date of stock disposal transaction |
| 01/07/2025 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.