Summary by Moomoo 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.