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Jones Lang LaSalle (JLL) CLO exercises RSUs, nets 225 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

JONES LANG LASALLE INC (JLL) reported that Chief Legal Officer Alan K. Tse exercised 404 restricted stock units into 404 shares of common stock on August 15, 2026. In a related transaction, 179 shares of common stock were delivered or withheld at $375.00 per share to pay the exercise price or tax liability, resulting in 225 net shares issued from this vesting event. The RSUs stem from a prior award of 1,211 restricted share units granted on September 17, 2024, vesting in three equal installments on August 15, 2025, 2026 and 2027.

Positive

  • None.

Negative

  • None.
Insider Tse Alan K
Role Chief Legal Officer
Type Security Shares Price Value
Exercise Restricted Stock Units F1, F2 404 $0.00 $0.00
Exercise Common Stock 404 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 179 $375.00 $67K
Holdings After Transaction: Restricted Stock Units — 404 shares (Direct); Common Stock — 18,330 shares (Direct)
Footnotes (2)
  1. F1. Restricted stock units convert into an equal number of shares of common stock.
  2. F2. On September 17, 2024, the Reporting Person was awarded 1211.00 restricted share units vesting with respect to one third of the shares on each of August 15, 2025, August 15, 2026 and August 15, 2027.
RSUs Exercised 404 units Restricted stock units converted into common stock on August 15, 2026
Common Shares Acquired 404 shares Shares of JLL common stock received from RSU conversion on August 15, 2026
Shares Withheld/Delivered 179 shares Common shares used for exercise price or tax liability at vesting
Withholding/Delivery Price $375.00 per share Price applied to 179 shares for exercise price or tax liability
Net Shares from Event 225 shares Net shares (404 vested minus 179 delivered/withheld) from August 15, 2026 vesting
Original RSU Award 1,211 units Restricted share units awarded on September 17, 2024
Vesting Schedule Dates August 15, 2025; 2026; 2027 Three equal vesting dates for the 1,211-unit RSU award
RSUs Following Derivative Transaction 404 units Total restricted stock units reported following the derivative transaction
Restricted Stock Units financial
"Restricted stock units convert into an equal number of shares of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
vest financial
"restricted share units vesting with respect to one third of the shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

What did JLL insider Alan K. Tse report on this Form 4 for JLL stock?
Alan K. Tse reported exercising 404 restricted stock units into 404 JLL common shares on August 15, 2026. In connection with this vesting, 179 shares were delivered or withheld to cover exercise price or tax liability at $375.00 per share.

How many JLL shares did Alan K. Tse effectively receive from the August 15, 2026 vesting?
From 404 vested units, Alan K. Tse effectively received 225 net JLL shares. The remaining 179 shares were delivered or withheld at $375.00 per share to satisfy the exercise price or related tax obligations associated with the RSU conversion.

What award are the reported JLL restricted stock units part of?
The 404 vested restricted stock units are part of a 1,211-unit award granted on September 17, 2024. That award vests in three equal tranches on August 15, 2025, August 15, 2026, and August 15, 2027, each converting into common stock one-for-one.

At what price were JLL shares withheld or delivered for taxes or exercise by Alan K. Tse?
A total of 179 JLL shares were delivered or withheld at $375.00 per share. This transaction was coded "F", meaning the shares were used to pay the exercise price or associated tax liability for the vested restricted stock units.

How do JLL restricted stock units convert for Alan K. Tse’s award?
Each restricted stock unit in Alan K. Tse’s award converts into one share of JLL common stock. As they vest on scheduled dates, the vested units are exchanged one-for-one for common shares, subject to share deliveries or withholdings to cover taxes or exercise costs.

How many tranches remain from Alan K. Tse’s 1,211 JLL RSU award?
The 1,211-unit award vests in three equal tranches of about 404 units each. One tranche vested on August 15, 2025, another on August 15, 2026, and a final tranche is scheduled to vest on August 15, 2027.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Tse Alan K
(Last)(First)(Middle)
200 E. RANDOLPH DRIVE
(Street)
CHICAGO ILLINOIS USA
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
JONES LANG LASALLE INC [ JLL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/15/2026M404A$018,509D
Common Stock08/15/2026F179D$37518,330D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)08/15/2026M40408/15/2025(2)08/15/2027(2)Common Stock404$0404D
Explanation of Responses:
1. Restricted stock units convert into an equal number of shares of common stock.
2. On September 17, 2024, the Reporting Person was awarded 1211.00 restricted share units vesting with respect to one third of the shares on each of August 15, 2025, August 15, 2026 and August 15, 2027.
/s/ Seth Gastwirth, attorney-in-fact for Alan K. Tse08/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR