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Jones Lang LaSalle (JLL) legal chief converts RSUs, withholds shares for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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

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Negative

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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*
Tse Alan K

(Last) (First) (Middle)
200 E. RANDOLPH DRIVE

(Street)
CHICAGO IL USA

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
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 1,070 A $0 12,718 D
Common Stock 02/15/2026 F 475 D $289.15 12,243 D
Common Stock 02/15/2026 M 3,903 A $0 16,146 D
Common Stock 02/15/2026 F 1,230 D $289.15 14,916 D
Common Stock 02/15/2026 M 1,432 A $0 16,348 D
Common Stock 02/15/2026 F 635 D $289.15 15,713 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 1,070 02/15/2026(2) 02/15/2028(2) Common Stock 1,070 $0 2,141 D
Restricted Stock Units $0(1) 02/15/2026 M 3,903 02/15/2026(3) 02/15/2026(3) Common Stock 3,903 $0 0 D
Restricted Stock Units $0(1) 02/15/2026 M 1,432 02/15/2025(4) 02/15/2027(4) Common Stock 1,432 $0 1,433 D
Explanation of Responses:
1. Restricted stock units convert into an equal number of shares of common stock.
2. 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.
3. 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.
4. 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.
/s/ Seth Gastwirth, attorney-in-fact for Alan K. Tse 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 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.

How many JLL shares did Alan K Tse acquire through RSU conversions?

Alan K Tse acquired JLL common stock via three restricted stock unit conversions of 1,070, 3,903, and 1,432 shares. These RSUs converted on February 15, 2026, consistent with vesting schedules disclosed for his April 2023, April 2024, and April 2025 equity grants.

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.

What are Alan K Tse’s JLL share holdings after these transactions?

After the reported transactions, Alan K Tse directly held 15,713 shares of JLL common stock. He also retained restricted stock units, including 2,141 units and 1,433 units from previously granted awards that continue to represent potential future share deliveries.

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.
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