$ILMN

Meister Keith A. sold $145.6M of ILMN (indirect holdings)

Meister Keith A. sold 679,574 indirectly-held shares of ILLUMINA, INC. (ILMN) at an average of $214.19 ($202.37–$220.13, $145.56M total) across 28 trades over 2026-08-19 to 2026-08-21.

Original reporting
SEC EDGAR · Meister Keith A.
Published Aug 21, 2026, 11:42 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 22, 2026, 12:06 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
Bearish
high confidence
Mentioned
$ILMN
Relevance
8/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$ILMNBearishHigh
01

Why it matters

The sizable divestiture by a director may trigger short‑term sell pressure and influence analyst sentiment.

02

Market read

Large insider sale provides fresh material for traders; likely short‑term downside bias.

03

What to watch

Potential tax planning or diversification motives not disclosed.

Relevance 8/10Novelty 9/10Timing: post‑market Aug 21

Background

SEC Form 4 filing discloses insider transactions; this is the first public report of the sale.

Company-level read

Ticker impact

$ILMNBearishHigh confidence
Context

Director Meister Keith A. sold $145.6M (679,574 shares) of Illumina in open‑market trades.

Expected impact

Short‑term downward pressure on ILMN price.

Evidence & confidence

Sale size exceeds $100M and represents a significant portion of holdings, likely signaling reduced confidence.

Market effects

May raise concerns for the genomics/diagnostics sector about insider confidence.

Limited to US biotech market; no broader regional effect.

Minimal global impact beyond Illumina investors.

Counterpoint

The sale could be a routine portfolio rebalancing, not a negative signal.

Key entities

  • Illumina, Inc.

    US‑listed genomics and diagnostics firm (NASDAQ: ILMN).

  • Meister Keith A.

    Director of Illumina.

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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