[Form 4] JONES LANG LASALLE INC Insider Trading Activity
Jones Lang LaSalle Inc. director Efrain Rivera reported a Form 4 disclosing a non‑derivative acquisition of 96 shares of Common Stock on 10/01/2025. The shares were elected in lieu of an annual cash retainer for the fourth quarter of fiscal 2025 under the company’s non‑executive director compensation program and were received at a reported price of $0 because they were deferred pursuant to the Jones Lang LaSalle Inc. Deferred Compensation Plan. Following the transaction, Mr. Rivera beneficially owns 7,303 shares, held directly.
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Insights
TL;DR: Routine director compensation election; shares deferred under the company plan, indicating use of equity for non‑executive pay.
The filing documents a standard, non‑material compensation election by a board director to receive 96 shares instead of cash for a quarterly retainer, with those shares deferred under the company’s Deferred Compensation Plan. This is an administrative disclosure consistent with director compensation practices and does not indicate a change in control, insider trading activity for informational advantage, or a material shift in ownership. The post‑transaction beneficial ownership of 7,303 shares remains modest relative to typical institutional holdings.
TL;DR: Small, routine acquisition tied to director compensation; unlikely to have market impact.
The reported acquisition of 96 shares at a $0 price reflects an in‑kind election to receive equity instead of cash compensation, with deferral under the firm’s plan. The disclosure fulfills Section 16 reporting obligations. There are no derivative transactions, no exercised options, and no change in control signals. From a market perspective, the trade size and nature are immaterial to JLL’s capitalization and liquidity profiles.