Form 4: Illumina SVP, Chief People Officer Patricia Leckman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Patricia Leckman, SVP, Chief People Officer of Illumina, reports a transaction involving common stock on November 5, 2024, and an adjustment to unvested equity award units related to the Grail spin-out.
Summary
- Patricia Leckman, SVP, Chief People Officer of Illumina, filed a Form 4 on November 7, 2024, reporting changes in beneficial ownership of Illumina stock.
- On November 5, 2024, 357 shares of common stock were disposed of at a price of $154.96.
- Following the transaction, Ms. Leckman beneficially owns 15,680 shares of Illumina common stock.
- Additionally, Ms. Leckman's unvested RSUs were increased by 245 units due to an adjustment related to the spin-out of Grail, Inc. on June 24, 2024, according to Illumina's Amended and Restated 2015 Stock and Incentive Plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates activity by a key executive at Illumina.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| June 24, 2024 | Completion of Illumina's spin-out of Grail, Inc. |
| November 05, 2024 | Date of transaction involving common stock. |
| November 07, 2024 | Date of Form 4 filing. |
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