Jones Lang LaSalle Form 4: Small Stock Award to Director Hugo Bague

Rhea-AI Filing Summary

Form 4 filing overview – Jones Lang LaSalle Inc. (JLL)

Director Hugo Bague reported the acquisition of 171 shares of JLL common stock on 1-Jul-2025. The shares were issued at $0 cost under the company’s Non-Executive Director Compensation Program, reflecting Mr. Bague’s prior election to receive equity rather than cash retainers for board and committee service. Following the transaction, the director’s direct ownership stands at 27,444 shares. No derivative securities were involved and no sales were reported.

The filing is routine compensation-related and does not signal a change in sentiment or insider conviction. The share amount represents an immaterial fraction of JLL’s outstanding 48 million shares, suggesting limited market impact.

Insights

Securities Analyst

TL;DR: Routine equity grant; negligible financial impact.

The Form 4 shows a small, zero-cost equity award to director Hugo Bague in lieu of cash retainers. Such grants are customary under JLL’s compensation plan and do not reflect open-market buying. Post-transaction ownership of 27,444 shares (≈0.06% of the float) is insufficient to indicate material insider conviction. As no cash was exchanged and the share count is minimal relative to market cap, I classify the filing as neutral for valuation and sentiment purposes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bague Hugo

(Last) (First) (Middle)

RIED 20

6430 SCHWYZ

(Street)

V8

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JONES LANG LASALLE INC [ JLL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2025		A(1)		171	A	$0	27,444	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares elected to be received in lieu of annual cash retainer payable quarterly in advance for the third quarter of fiscal year 2024, and in lieu of annual committee cash retainers for Committee Chair or Member paid annually in the third quarter, in accordance with prior election under the Non-Executive Director Compensation program. The receipt of these shares has been deferred pursuant to the Jones Lang LaSalle Inc. Deferred Compensation Plan

	/s/ Alan K. Tse, attorney-in-fact for Hugo Bague	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many JLL shares did director Hugo Bague acquire on 1-Jul-2025?

He received 171 shares of common stock.

Was any cash paid for the shares reported in the Form 4?

No. The shares were issued at $0 cost as part of the director compensation plan.

What is Hugo Bague’s total direct ownership in JLL after the transaction?

His direct holdings total 27,444 shares.

Does the filing include any sale of JLL shares?

No sales were reported; the filing only discloses an acquisition.

Why were the shares issued instead of cash?

Mr. Bague elected to receive equity in lieu of his quarterly and committee cash retainers under JLL’s Non-Executive Director Compensation Program.