ILMN ILLUMINA, INC.
Price Chart
Executive Summary
Director Keith Meister sold 171,932 shares for $24.96M in open-market sales, while SVP Jakob Wedel Christensen sold 700 shares for $97K. The cluster is dominated by Meister's sales, which follow derivative exercises and a same-day 'OTHER' disposition of 255,378 shares at $144.66. At $21.9B market cap, the $24.96M in open-market sales represent ~0.11% of market cap — modest but notable. The sales are likely liquidity-driven following option exercises, not a bearish signal, consistent with the weak predictive power of insider sales clusters per academic literature.
Key Financial Metrics
Actionable Insight
Director Meister's sales are consistent with a pre-arranged 10b5-1 plan or routine post-exercise diversification — the pattern of exercising options and immediately selling shares is standard. The $24.96M in sales is modest relative to ILMN's $21.9B market cap. No C-suite selling. Monitor for any upcoming earnings or material news that could have prompted the timing, but the cluster alone does not warrant a bearish read.
Key Facts
- Director Keith Meister sold 159,623 shares at $145.26 on May 13, 2026 ($23.19M), plus 12,309 shares at $144.13 on May 14 ($1.77M)
- Meister's sales followed derivative exercises: 255,378 shares exercised at $102.82 on May 12, and 79,568 shares exercised at $102.82 on May 11
- Meister also had a same-day 'OTHER' disposition of 255,378 shares at $144.66 on May 12 ($36.94M) — likely a same-day sale against exercise
- SVP Jakob Wedel Christensen sold 700 shares at $139.04 on May 6 ($97K) — trivial amount
- Total open-market sales: $24.96M, representing ~0.11% of ILMN's $21.9B market cap
- No C-suite (CEO/CFO) participation in the cluster — only a director and an SVP
- Historical calibration shows cluster-insider-trades + cluster-earnings-context is an AMPLIFIER, but the dollar amount here is modest relative to market cap
Financial Impact
Total open-market sales of $24.96M represent ~0.11% of ILMN's $21.9B market cap — modest and routine
Risk Factors
- Director Meister sold a large absolute dollar amount ($24.96M), which could signal personal portfolio rebalancing or a view on near-term headwinds
- The 'OTHER' disposition of 255,378 shares at $144.66 on May 12 is unusual and could indicate a structured transaction (e.g., prepaid variable forward) that may carry hidden economic exposure
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ILMN-1778800938174 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 4, 2026
5d ago
|
Insider Cluster
| $167.58 awaiting T+1 | awaiting T+1 | — | $160.03 (−4.51%) |
|
Jun 1, 2026
8d ago
|
Insider Cluster
| $161.83 $170.10 | ▲ +5.11% | ▲ +5.83% | $160.03 (−1.11%) |
|
Jun 1, 2026
8d ago
|
Insider Cluster
| $161.83 $170.10 | ▲ +5.11% | ▲ +5.83% | $160.03 (−1.11%) |
|
May 28, 2026
13d ago
|
Court Ruling
| $157.81 $161.75 | ▼ −2.50% | ▼ −2.26% | $160.03 (−1.41%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $141.96 $138.00 | ▼ −2.79% | ▼ −2.46% | $160.03 (+12.73%) |
|
Apr 2, 2026
9w ago
|
8-K
| $127.39 $127.35 | ▼ −0.03% | ▼ −0.51% | $160.03 (+25.63%) |
US Market Status
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