JLL CEO reports 46,791-share performance award

JONES LANG LASALLE INC CEO & President Christian Ulbrich reported equity compensation changes tied to performance share units.

Rhea-AI Filing Summary

JONES LANG LASALLE INC CEO & President Christian Ulbrich reported equity compensation changes tied to performance share units. On March 31, 2026, he acquired 46,791 shares of common stock at no cost upon vesting of performance share units granted on April 5, 2023. On the same date, 23,491 shares were withheld at $297.00 per share to cover tax obligations related to this vesting. Following these transactions, Ulbrich directly holds 148,418 shares of JLL common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ulbrich Christian

Role CEO & President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	46,791	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	23,491	$297.00	$6.98M

Holdings After Transaction: Common Stock — 148,418 shares (Direct)

Footnotes (2)

1. F1. Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on April 5, 2023.
2. F2. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on April 5, 2023.

Key Figures

Performance award shares: 46,791 shares Tax-withheld shares: 23,491 shares Tax-withholding price: $297.00 per share +1 more

4 metrics

Performance award shares 46,791 shares Common stock issued upon vesting of performance share units on March 31, 2026

Tax-withheld shares 23,491 shares Shares withheld for taxes at $297.00 per share on March 31, 2026

Tax-withholding price $297.00 per share Valuation used for 23,491 withheld shares related to vesting

Shares held after transactions 148,418 shares Direct JLL common stock ownership following March 31, 2026 transactions

Key Terms

performance share units, vesting, withheld for payment of taxes, grant, award, or other acquisition, +1 more

5 terms

performance share units financial

"Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on April 5, 2023."

Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.

vesting financial

"Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on April 5, 2023."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

withheld for payment of taxes financial

"Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units."

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did JLL CEO Christian Ulbrich report in this Form 4 filing for JLL?

Christian Ulbrich reported equity compensation changes. He received 46,791 JLL common shares from vesting performance share units, and 23,491 shares were withheld at $297.00 per share to cover taxes, leaving him with 148,418 directly held shares after the transactions.

How many JLL shares did Christian Ulbrich acquire through performance share vesting?

He acquired 46,791 JLL common shares at no cost when performance share units granted on April 5, 2023 vested. These units converted into shares, representing compensation rather than an open-market purchase, and increased his equity position before tax withholding.

How many JLL shares were withheld for taxes in Christian Ulbrich’s Form 4?

A total of 23,491 JLL common shares were withheld to pay taxes. The shares relate to the vesting and conversion of performance share units and were valued at $297.00 per share for this tax-withholding transaction, according to the Form 4 disclosure and footnotes.

What is Christian Ulbrich’s JLL shareholding after these Form 4 transactions?

After the reported transactions, Christian Ulbrich directly owns 148,418 JLL common shares. This balance reflects the vesting of 46,791 performance-based shares and the withholding of 23,491 shares for tax obligations on March 31, 2026, as shown in the filing.

Were Christian Ulbrich’s JLL transactions open-market buys or routine compensation?

The transactions are routine compensation-related. The Form 4 shows an award of 46,791 shares from vesting performance share units and a related tax-withholding disposition of 23,491 shares at $297.00 per share, not open-market purchases or sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 01:03 PM EDT Learn about SEC filing dates

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^*

Ulbrich Christian

(Last) (First) (Middle)

200 E. RANDOLPH DR.

(Street)

CHICAGO ILLINOIS 60601

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A(1)		46,791	A	$0	171,909	D
Common Stock	03/31/2026		F(2)		23,491	D	$297	148,418	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 of the Issuer's common stock issued upon the vesting of performance share units granted on April 5, 2023.

2. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on April 5, 2023.

	Alan K. Tse, attorney-in-fact for Christian Ulbrich	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)