Jones Lang LaSalle (JLL) legal chief converts RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones Lang LaSalle’s Chief Legal Officer Alan K Tse reported multiple equity award transactions dated February 15, 2026. He exercised restricted stock units into common stock in three tranches of 1,070, 3,903, and 1,432 shares at a conversion price of $0.00 per share.
To cover tax obligations, he disposed of common shares through tax-withholding transactions of 475, 1,230, and 635 shares at a price of $289.15 per share. Following these moves, his direct common stock holdings were 15,713 shares, with remaining restricted stock units balances of 2,141 and 1,433 units from prior grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,405 shares exercised/converted
Mixed
9 txns
Insider
Tse Alan K
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,070 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,903 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,432 | $0.00 | -- |
| Exercise | Common Stock | 1,070 | $0.00 | -- |
| Tax Withholding | Common Stock | 475 | $289.15 | $137K |
| Exercise | Common Stock | 3,903 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,230 | $289.15 | $356K |
| Exercise | Common Stock | 1,432 | $0.00 | -- |
| Tax Withholding | Common Stock | 635 | $289.15 | $184K |
Holdings After Transaction:
Restricted Stock Units — 2,141 shares (Direct);
Common Stock — 12,718 shares (Direct)
Footnotes (1)
- Restricted stock units convert into an equal number of shares of common stock. On April 4, 2025, the Reporting Person was granted 3,211.00 RSU shares vesting with respect to one third of the shares on each of February 15, 2026, February 15, 2027, and February 15, 2028. On April 5, 2023, the Reporting Person was granted 3,903.00 restricted stock units vesting with respect to all shares on February 15, 2026. On April 5, 2024, the Reporting Person was granted 4,297.00 restricted stock units vesting with respect to one-third of the shares on each of February 15, 2025, February 15, 2026 and February 15, 2027.
FAQ
What did JLL Chief Legal Officer Alan K Tse report on this Form 4?
Alan K Tse reported exercises of restricted stock units into JLL common stock and related tax-withholding share dispositions. These transactions reflect equity award vesting and associated tax payments, not open-market buying or selling activity by the Chief Legal Officer.
What tax-withholding stock dispositions did Alan K Tse report for JLL?
He reported three tax-withholding dispositions coded “F” totaling 475, 1,230, and 635 JLL common shares at a price of $289.15 per share. These transactions paid exercise price or tax liabilities using shares, rather than representing discretionary open-market stock sales.
How do the RSU grants and vesting schedule affect JLL’s Alan K Tse?
Footnotes show RSU grants on April 5, 2023, April 5, 2024, and April 4, 2025, with vesting on specified February 15 dates from 2025 through 2028. As units vest, they convert one-for-one into JLL common stock, increasing his share ownership over time.