$ILMN

Davies Scott M sold $111K of ILMN

Davies Scott M (Chief Legal Officer) sold 615 shares of ILLUMINA, INC. (ILMN) at $180.00 ($0.11M total) on 2026-06-25 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Davies Scott M
Published Jun 26, 2026, 1:41 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jun 26, 2026, 2:02 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$ILMN
Neutral
high confidence
Mentioned
$ILMN
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$ILMNNeutralLow
01

Why it matters

The newest fact is the specific sale: 615 shares at $180/share ($110,700 total) by the Chief Legal Officer on 2026-06-25 under a 10b5-1 plan.

02

Market read

Primarily useful for sentiment/positioning checks; it does not introduce new operational, financial, or regulatory information.

03

What to watch

The transaction size is small relative to typical institutional flows, and the pre-arranged plan reduces interpretability versus discretionary selling.

Relevance 3/10Novelty 2/10Timing: after-hours/filing update on 2026-06-25 (filed 2026-06-25T21:41:44-04:00)

Background

This is an SEC Form 4 insider transaction disclosure for Illumina, Inc. (ILMN).

Company-level read

Ticker impact

$ILMNNeutralHigh confidence
Context

Illumina Form 4 shows CLO Davies Scott M sold 615 shares at $180 on 2026-06-25 under a pre-arranged 10b5-1 plan.

Expected impact

Low likelihood of a sustained price move; any impact is likely limited to intraday sentiment around the filing.

Evidence & confidence

The filing is an open-market sale by an officer under a pre-arranged 10b5-1 plan, with modest share count and no accompanying company-specific operational/regulatory news.

Market effects

No direct read-through to biotech/genomics sector fundamentals; this is company-specific insider transaction data.

Minimal; US-listed large-cap insider sale with no broader market linkage.

None expected beyond routine sentiment monitoring for ILMN.

Counterpoint

Even 10b5-1 sales can coincide with private information, so traders may still watch for follow-on disclosures or unusual volume/price action.

Key entities

  • Illumina, Inc.

    Subject of the Form 4 insider transaction disclosure.

  • Davies Scott M

    Chief Legal Officer who sold 615 shares under a pre-arranged 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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