[Form 4] JONES LANG LASALLE INC Insider Trading Activity

Rhea-AI Filing Summary

Hugo Bague, a director of Jones Lang LaSalle Inc. (JLL), reported a non-derivative acquisition of 96 shares of JLL common stock on 10/01/2025. The shares were received in lieu of the director's quarterly cash retainer for the fourth quarter of fiscal 2025 under a prior election and were deferred under the Jones Lang LaSalle Inc. Deferred Compensation Plan. Following the transaction, Mr. Bague beneficially owns 27,540 shares. The Form 4 was filed by one reporting person and was signed by attorney-in-fact Alan K. Tse on 10/01/2025.

Positive

• Director elected to receive shares in lieu of cash, aligning compensation with shareholder equity ownership
• Beneficial ownership increased to 27,540 shares after the reported acquisition
• Shares deferred under the company's Deferred Compensation Plan, indicating use of established compensation mechanisms

Negative

• None.

Insights

Corporate Governance Expert

TL;DR Director elected stock instead of cash and deferred the shares under the company plan; ownership increased modestly.

The filing documents a routine, non-discretionary director compensation election where 96 shares were issued in lieu of a cash retainer and placed into the company deferred compensation plan. This is a common governance practice to align directors with shareholder interests and to defer immediate cash payment. The absolute size of the grant is small relative to the total holdings of 27,540 shares disclosed after the transaction, indicating no material change in control or economic exposure.

Securities Analyst

TL;DR Minor insider acquisition via compensation election; not material to equity structure or market impact.

The Form 4 shows an acquisition coded as A(1) for 96 shares at a reported price of $0, consistent with shares issued under compensation elections. Because the shares are deferred and the number is small relative to the reporter's total beneficial ownership, the transaction is unlikely to influence valuation metrics or signal a significant change in insider sentiment.

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

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)
10/01/2025

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	10/01/2025		A(1)		96	A	$0	27,540	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 receive in lieu of annual cash retainer payable quarterly in advance for the fourth quarter of the fiscal year 2025, 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	10/01/2025
	** 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 Hugo Bague acquire on 10/01/2025?

He acquired 96 shares of JLL common stock.

What was the reported price for the shares in the Form 4 for JLL?

The reported price is $0, reflecting shares received in lieu of a cash retainer under the director compensation program.

Why were the 96 shares issued to Hugo Bague?

The shares were elected to be received in lieu of the annual cash retainer payable quarterly in advance for Q4 FY2025 under the non-executive director compensation program.

Are the shares immediately owned or deferred for Hugo Bague?

The receipt of these shares has been deferred pursuant to the Jones Lang LaSalle Inc Deferred Compensation Plan.

What is Hugo Bague's total beneficial ownership after this transaction?

He beneficially owns 27,540 shares following the reported transaction.

Who signed the Form 4 on behalf of Hugo Bague?

The form was signed by Alan K. Tse, attorney-in-fact, on 10/01/2025.