Form 4: Jones Lang LaSalle CEO of JLL Technologies Reports Stock Transactions
SEC Form 4 Filing
Mihir Shah, CEO of JLL Technologies, reports the disposition of common stock and derivative securities related to restricted stock units.
Summary
- On February 15, 2025, Mihir Shah, CEO of JLL Technologies, reported transactions involving Jones Lang LaSalle Inc. (JLL) common stock.
- Shah disposed of 2,202 shares of common stock at a price of $282.69 per share.
- He also disposed of 4,136 restricted stock units, which converted into an equal number of shares of common stock.
- Following these transactions, Shah beneficially owns 42,703 shares of JLL common stock directly.
- The restricted stock units were granted on April 5, 2022, and vested on February 15, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by an executive.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the real estate and investment management industry.
Comparison to Industry Standards
- Executive stock transactions are a standard part of compensation and wealth management in publicly traded companies like Jones Lang LaSalle.
- Similar transactions are regularly reported by executives at comparable firms such as CBRE Group and Cushman & Wakefield.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
- The transactions are part of the executive's compensation and wealth management strategy.
Key Dates
| Date | Description |
|---|---|
| 04/05/2022 | Reporting Person was granted 4,136.00 restricted stock units |
| 02/15/2025 | Date of earliest transaction: Disposition of common stock and restricted stock units. |
| 02/15/2025 | Restricted stock units vesting with respect to all shares |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, JLL, Jones Lang LaSalle, Mihir Shah, Stock Transaction, Restricted Stock Units, Beneficial Ownership, CEO JLL Technologies
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.