Form 4: Illumina SVP Carissa Rollins Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Carissa Rollins, SVP and Chief Information Officer of Illumina, reports a transaction involving common stock and adjustments to unvested RSUs following the Grail Inc. spin-out.
Summary
- Carissa Rollins, SVP and Chief Information Officer of Illumina, filed a Form 4 detailing changes in beneficial ownership.
- On November 5, 2024, 412 shares of common stock were disposed of at a price of $154.96.
- Following the transaction, Rollins beneficially owns 11,598 shares of common stock.
- The balance includes 62 shares acquired through the Employee Stock Purchase Plan.
- Rollins' unvested RSUs were increased by 202 units due to an adjustment related to Illumina's spin-out of Grail, Inc. on June 24, 2024.
Sentiment
Score: 6
Explanation: The document is a routine filing of stock transactions by an insider. The sentiment is neutral as it simply reports facts without expressing any positive or negative outlook.
Positives
- Rollins participates in the Employee Stock Purchase Plan, indicating confidence in the company.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| June 24, 2024 | Illumina's spin-out of Grail, Inc. was completed. |
| November 05, 2024 | Date of the reported transaction involving common stock. |
| November 07, 2024 | Date of the Form 4 filing. |
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