Summary by Futu AI
On May 16, 2024, Frances Arnold, associated with Illumina, Inc. [ILMN], completed a transaction involving the grant of 2,622 shares of common stock at no cost. Following this transaction, Arnold directly holds a total of 17,194 shares in the company. The grant, which is a common form of compensation for executives and directors, reflects the company's practice of aligning the interests of its leadership with those of its shareholders. The transaction was executed under the transaction code 'A', indicating an acquisition of shares.