ILMN ILLUMINA, INC. Insider Trading

Keith A. Meister sold 669,596 shares for $107,042,630.86 across 17 transactions over 4 days at ILMN.

Director Keith A. Meister executed 17 separate sales totaling 669,596 shares for $107,042,630.86 between May 28 and June 1, 2026, reducing his non-derivative holdings from 3,500,048 shares to 2,830,452 shares. The sales occurred across a blended average price of $159.86, slightly below the current price of $164.40, while ILMN trades at only -0.6% from its 52-week high of $165.37. His prior sells at ILMN have consistently underperformed: five recent sales on May 14 posted 30-day and 90-day returns of +10.3% to +13.1%, and the TIMING PATTERN reflects 0 of 5 prior sells were well-timed at the 90-day mark, indicating a pattern of selling before rallies rather than before declines. The stock's 30-day momentum of +21.1% and 90-day strength of +26.9% suggest the timing may follow the same pattern of prior underperformance, though the multi-day execution window and structured nature of these sales warrant monitoring to determine if this represents opportunistic reduction or part of a broader portfolio rebalancing.

Director Keith A. Meister sells 329,460 shares of ILMN for $47,931,974.51 across three days (May 12-14, 2026).

Director Meister sold 329,460 shares for $47,931,974.51 across three trading sessions, with transaction prices ranging from $102.82 to $148.14. His cross-ticker track record shows only 1 prior sell with a 90d well-timed rate of 0.00%, making this recent transaction his second open-market sale on record—a notable departure from his 19 prior buys at this and other companies. The timing is neutral to slightly unfavorable: stock is currently at $143.24 (7.9% below the 52-week high of $155.53), and his sales occurred near current price levels, capturing some of the recent momentum (30-day change: +9.9%) but not significantly ahead of or behind the market. Post-transaction, Meister retains 3,500,048 shares, indicating this was not a full exit. The irregular price progression and multi-day execution suggest a structured liquidation rather than a concentrated market signal.