[Form 4] Jones Lang LaSalle, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Jones Lang LaSalle Inc. (JLL) – Form 4 filing dated 07/03/2025

Independent director Matthew Carter Jr. reported the acquisition of 210 shares of JLL common stock on 07/01/2025. The shares were received at $0 cost under the company’s Non-Executive Director Compensation Program, reflecting Mr. Carter’s prior election to take his third-quarter 2025 board and committee retainers in equity rather than cash. The settlement has been deferred under the Jones Lang LaSalle Deferred Compensation Plan. Following the transaction, Mr. Carter directly holds 8,650 JLL shares.

The filing indicates no sales or derivative transactions and does not alter control dynamics. While the share count is modest relative to JLL’s ~50 million share float, the acquisition modestly increases insider ownership and aligns director incentives with shareholders.

Positive

• Director elected to receive equity instead of cash, slightly increasing insider alignment with shareholder interests.
• No shares were sold, indicating continued confidence and no liquidity pressure from the director.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director stock grant; modest size; neutral corporate-governance impact.

The transaction is an automatic equity-in-lieu-of-cash election common among S&P 500 boards. Because the grant is only 210 shares (≈US$35k at recent prices) and represents <0.01 % of outstanding shares, it neither signals new strategic information nor meaningfully changes insider ownership concentration. Nevertheless, taking compensation in equity marginally improves alignment with shareholders and avoids cash outflow. No red flags emerge.

Sell-Side Financial Analyst

TL;DR: Immaterial insider acquisition; no earnings or guidance implications.

The $0-priced share issuance is purely compensation-related, not an opportunistic market purchase. With post-grant holdings of 8,650 shares, the director’s stake remains negligible to valuation models. The filing does not affect revenue outlook, liquidity, or capital-allocation plans; consequently, it is unlikely to move the stock.

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
Estimated average burden
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^*

Carter Matthew Jr

(Last) (First) (Middle)

200 E. RANDOLPH DRIVE

(Street)

CHICAGO IL 60601

(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)		210	A	$0	8,650	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 2025, 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 as attorney-in-fact for Matthew Carter, Jr.	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

Why did JLL director Matthew Carter Jr. acquire shares on 07/01/2025?

He opted to receive his third-quarter 2025 board and committee retainers in stock under the Non-Executive Director Compensation Program.

How many JLL shares did the director acquire according to the Form 4?

The filing shows an acquisition of 210 common shares at $0 cost.

What is the director’s total direct ownership after the transaction?

After the grant, Matthew Carter Jr. directly owns 8,650 JLL shares.

Was this a market purchase that might signal insider optimism?

No; it was a compensation grant, not an open-market purchase, so it carries limited signaling value.

Does the filing involve any derivative securities or sales?

No derivative transactions or dispositions were reported in the Form 4.

Is the grant part of a 10b5-1 trading plan?

The form does not mark the 10b5-1 checkbox, indicating the transaction is a scheduled compensation grant rather than a trading plan trade.