JLL (JLL) CEO Ulbrich exercises 20,932 RSUs, withholds 10,499 shares

Rhea-AI Filing Summary

Jones Lang LaSalle CEO Christian Ulbrich exercised 20,932 restricted stock units on February 15, 2026, converting them into an equal number of common shares at a stated price of $0.00 per share.

On the same date, 10,499 common shares were disposed of at $289.15 per share in a tax-withholding transaction, leaving Ulbrich with 125,118 directly owned common shares after these movements. The restricted stock units were originally granted on April 5, 2023 and vested in full on February 15, 2026.

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

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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^*

Ulbrich Christian

(Last) (First) (Middle)

200 E. RANDOLPH DR.

(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
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

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	02/15/2026		M		20,932	A	$0	135,617	D
Common Stock	02/15/2026		F		10,499	D	$289.15	125,118	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
Restricted Stock Units	$0(1)	02/15/2026		M			20,932	02/15/2026(2)	02/15/2026(2)	Common Stock	20,932	$0	0	D

Explanation of Responses:

1. Restricted stock units convert into an equal number of shares of common stock.

2. On April 5, 2023, the Reporting Person was granted 20,932.00 restricted stock units vesting with respect to all shares on February 15, 2026.

	Alan K. Tse, attorney-in-fact for Christian Ulbrich	02/18/2026
	** 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

What insider transaction did JLL CEO Christian Ulbrich report?

Christian Ulbrich reported exercising 20,932 restricted stock units, converting them into 20,932 common shares. He also reported a related tax-withholding disposition of 10,499 common shares, all dated February 15, 2026, reflecting routine equity award vesting activity.

How many JLL shares does Christian Ulbrich directly own after this Form 4?

After these transactions, Christian Ulbrich directly owns 125,118 shares of Jones Lang LaSalle common stock. This reflects his holdings following both the restricted stock unit conversion and the tax-withholding share disposition reported for February 15, 2026.

What were the details of the restricted stock units in this JLL Form 4?

The 20,932 restricted stock units were granted to Christian Ulbrich on April 5, 2023. They vested in full on February 15, 2026 and automatically converted into an equal number of Jones Lang LaSalle common shares, as described in the Form 4 footnotes.

At what price were JLL shares disposed of for tax withholding?

In the tax-withholding transaction, 10,499 Jones Lang LaSalle common shares were disposed of at $289.15 per share. The Form 4 describes this as payment of a tax liability by delivering securities, not as an open-market sale or discretionary trade.

Does the JLL Form 4 show an open-market stock sale by the CEO?

The Form 4 shows a tax-withholding disposition of 10,499 shares at $289.15 per share, tied to the equity award vesting. It is characterized as payment of a tax liability by delivering securities, rather than a standalone open-market sale transaction.

When were the reported JLL restricted stock units originally granted and when did they vest?

The 20,932 restricted stock units were granted on April 5, 2023 and vested with respect to all shares on February 15, 2026. Upon vesting, they converted into an equal number of Jones Lang LaSalle common shares as described in the Form 4 footnotes.