Karen Brennan at JLL (NYSE: JLL) granted 3,642 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JONES LANG LASALLE INC executive Karen G. Brennan, CEO Leasing Advisory, reported an award of restricted stock units. On April 8, 2026, she received 3,642 RSUs that each convert into one share of common stock. All 3,642 units are scheduled to vest on February 15, 2029, and are held as a direct, compensation-related position rather than through open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brennan Karen G
Role
CEO Leasing Advisory
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,642 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,642 shares (Direct)
Footnotes (1)
- Restricted stock units convert into an equal number of shares of common stock. On April 8, 2026, the Reporting Person was granted 3,642.00 RSU shares vesting with respect to all shares on February 15, 2029.
Key Figures
RSUs granted: 3,642 units
Underlying common shares: 3,642 shares
Vesting date: February 15, 2029
+2 more
5 metrics
RSUs granted
3,642 units
Restricted Stock Units granted on April 8, 2026
Underlying common shares
3,642 shares
Each RSU converts into one share of common stock
Vesting date
February 15, 2029
All RSUs vest on this date
Total RSUs after transaction
3,642 units
Direct derivative holdings following the grant
Grant price per unit
$0.00 per unit
Compensation award, not an open-market purchase
Key Terms
Restricted Stock Units, RSU shares, derivative, vesting, +1 more
5 terms
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.
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
vesting financial
"RSU shares vesting with respect to all shares on February 15, 2029."
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.
underlying security financial
"underlying_security_title": "Common Stock""
FAQ
What did JLL executive Karen G. Brennan report in this Form 4 filing?
Karen G. Brennan reported receiving 3,642 restricted stock units as compensation. These units represent a right to receive an equal number of JONES LANG LASALLE INC common shares, subject to vesting conditions through February 15, 2029.
Is the JLL (JLL) Form 4 transaction an open-market buy or sell?
The Form 4 shows a grant of restricted stock units, not an open-market trade. The RSUs were awarded as compensation at no purchase price and will convert into common stock if vesting conditions are met.
How many JLL RSUs were granted to Karen G. Brennan in this filing?
The filing shows a grant of 3,642 restricted stock units to Karen G. Brennan. Each RSU corresponds to one share of JONES LANG LASALLE INC common stock upon vesting and settlement, according to the footnote description.
When do Karen G. Brennan’s JLL restricted stock units vest?
All 3,642 restricted stock units granted to Karen G. Brennan vest on February 15, 2029. Vesting means she becomes entitled to receive the underlying JONES LANG LASALLE INC common shares, assuming any applicable service or performance conditions are satisfied.
What does it mean that the JLL RSUs convert into common stock one-for-one?
The footnotes explain that each restricted stock unit converts into one share of common stock. This means 3,642 RSUs can become 3,642 JONES LANG LASALLE INC shares, provided the vesting date is reached and any conditions are fulfilled.
How many JLL derivative securities does Karen G. Brennan hold after this Form 4 transaction?
After the reported transaction, Karen G. Brennan holds 3,642 restricted stock units directly. These derivative securities represent potential future ownership of the same number of JONES LANG LASALLE INC common shares, contingent on vesting.