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Illumina | 4: Statement of changes in beneficial ownership of securities-Officer Barnard Steven

SEC announcement ·  Mar 8 06:41
Summary by Futu AI
Steven Barnard, SVP and Chief Technology Officer of Illumina, Inc. (ILMN), completed a stock grant transaction on March 5, 2024. Barnard acquired 5,792 shares of Illumina's common stock at no cost. Following this transaction, he now directly holds a total of 27,581 shares in the company. The grant is part of the company's compensation structure for its executives and is a common practice in the industry to incentivize performance and align the interests of the management with those of the shareholders.
Steven Barnard, SVP and Chief Technology Officer of Illumina, Inc. (ILMN), completed a stock grant transaction on March 5, 2024. Barnard acquired 5,792 shares of Illumina's common stock at no cost. Following this transaction, he now directly holds a total of 27,581 shares in the company. The grant is part of the company's compensation structure for its executives and is a common practice in the industry to incentivize performance and align the interests of the management with those of the shareholders.
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