JLL (NYSE: JLL) CAO exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JONES LANG LASALLE INC executive Benjamin G. Hawke reported multiple equity compensation transactions on February 15, 2026. He exercised several tranches of restricted stock units, which converted into equal numbers of JLL common shares at no exercise price.
Common stock was then withheld through Form 4 code F transactions to satisfy tax obligations at a price of $289.15 per share. After these RSU conversions and tax-withholding dispositions, Hawke directly owned 1,592 shares of JLL common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,078 shares exercised/converted
Mixed
18 txns
Insider
Hawke Benjamin G.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 99 | $0.00 | -- |
| Exercise | Restricted Stock Units | 16 | $0.00 | -- |
| Exercise | Restricted Stock Units | 488 | $0.00 | -- |
| Exercise | Restricted Stock Units | 248 | $0.00 | -- |
| Exercise | Restricted Stock Units | 44 | $0.00 | -- |
| Exercise | Restricted Stock Units | 183 | $0.00 | -- |
| Exercise | Common Stock | 99 | $0.00 | -- |
| Tax Withholding | Common Stock | 35 | $289.15 | $10K |
| Exercise | Common Stock | 16 | $0.00 | -- |
| Tax Withholding | Common Stock | 6 | $289.15 | $2K |
| Exercise | Common Stock | 488 | $0.00 | -- |
| Tax Withholding | Common Stock | 160 | $289.15 | $46K |
| Exercise | Common Stock | 248 | $0.00 | -- |
| Tax Withholding | Common Stock | 73 | $289.15 | $21K |
| Exercise | Common Stock | 44 | $0.00 | -- |
| Tax Withholding | Common Stock | 13 | $289.15 | $4K |
| Exercise | Common Stock | 183 | $0.00 | -- |
| Tax Withholding | Common Stock | 54 | $289.15 | $16K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 954 shares (Direct)
Footnotes (1)
- Restricted stock units convert into an equal number of shares of common stock. On April 5, 2023, the Reporting Person was granted 293.00 restricted stock units vesting with respect to one-third of the shares on each of February 15, 2024, February 15, 2025, and February 15, 2026. On April 5, 2023, the Reporting Person was granted 49.00 restricted stock units vesting with respect to two-thirds of the shares on February 15, 2025 and one-third of the shares on February 15, 2026. On April 5, 2023, the Reporting Person was granted 488.00 restricted stock units vesting with respect to all shares on February 15, 2026. On April 5, 2024, the Reporting Person was granted 743.00 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. On April 5, 2024, the Reporting Person was granted 133.00 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. On April 4, 2025, the Reporting Person was granted 550.00 RSU shares vesting with respect to one third of the shares on each of February 15, 2026, February 15, 2027, and February 15, 2028.
FAQ
What did JLL (JLL) executive Benjamin Hawke report in this Form 4?
Benjamin Hawke reported vesting and conversion of restricted stock units into JLL common shares, followed by share withholding for taxes. These are compensation-related equity events, not open-market trades, and reflect routine settlement of previously granted awards.
Were Benjamin Hawke’s JLL transactions open-market buys or sells?
The Form 4 shows no open-market buying or selling by Benjamin Hawke. Code M entries reflect RSU conversions into common stock, while code F entries are tax-withholding dispositions, where shares are surrendered back to cover taxes rather than sold on the open market.
What do the RSU footnotes in Benjamin Hawke’s JLL filing explain?
The footnotes detail prior RSU grants made in 2023, 2024, and 2025, including grant sizes and vesting schedules on various February 15 dates. They clarify how many restricted stock units vest in each year and confirm that each unit converts into one JLL common share at vesting.