Form 4: Illumina SVP, General Counsel Charles Dadswell Reports Stock Disposal
SEC Form 4 Filing
Charles Dadswell, SVP, General Counsel of Illumina, Inc., reported the disposal of 989 shares of common stock at a price of $126.95 on September 13, 2024.
Summary
- On September 13, 2024, Charles Dadswell, the SVP, General Counsel of Illumina, Inc., disposed of 989 shares of common stock.
- The transaction was executed at a price of $126.95 per share.
- Following the transaction, Mr. Dadswell indirectly owns 20,586 shares through The Charles Dadswell Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating a stock disposal. The impact depends on the context and reasons behind the transaction, which are not provided.
Industry Context
This is a routine disclosure of insider trading activity. It is important to monitor such filings to understand the sentiment of company executives regarding the company's stock.
Stakeholder Impact
- The disposal of shares by a company executive could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of the stock disposal transaction |
| 09/17/2024 | Date of signature for the report |
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