Form 4: JLL Director Catherine Clay Acquires Shares as Deferred Compensation

JLL Director Catherine R. Clay acquired 75 shares of common stock as deferred compensation for the third quarter of fiscal year 2025, pursuant to a pre-existing compensation plan.

Summary

• Catherine R. Clay, a Director of Jones Lang LaSalle Inc. (JLL), acquired 75 shares of JLL Common Stock.
• The transaction date for this acquisition is July 1, 2025.
• The shares were acquired at a price of $0.
• This acquisition represents shares elected to be received in lieu of an annual cash retainer payable quarterly in advance for the third quarter of fiscal year 2025.
• The shares were acquired in accordance with a prior election under the Non-Executive Director Compensation program.
• The receipt of these shares has been deferred pursuant to the Jones Lang LaSalle Inc. Deferred Compensation Plan.
• Following this reported transaction, Catherine R. Clay beneficially owns 945 shares of Common Stock.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates director alignment with shareholder interests through equity compensation, which is a standard practice for corporate governance.

Positives

• The acquisition of shares by a director aligns their interests with those of shareholders, promoting good corporate governance.
• The transaction is part of a pre-existing, transparent Non-Executive Director Compensation program, indicating a structured approach to executive remuneration.

Negatives

• No specific negative aspects are identified in this routine compensation filing.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 75 shares by Director Catherine R. Clay from Jones Lang LaSalle Inc. as part of her compensation.

Stakeholder Impact

• Shareholders: Minor dilution from the issuance of shares for compensation, but also increased alignment of director interests with shareholder value.
• Director (Catherine R. Clay): Receives equity compensation, aligning her financial interests with the company's performance.

Next Steps

• The actual receipt of the 75 shares will occur at a future date, as the receipt has been deferred pursuant to the Jones Lang LaSalle Inc. Deferred Compensation Plan.

Key Dates

Keywords

Jones Lang LaSalle Inc., JLL, Catherine R. Clay, SEC Form 4, Insider Transaction, Director Compensation, Equity Compensation, Deferred Compensation, Stock Acquisition, Corporate Governance