Form 4: Jones Lang LaSalle Director Acquires Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Matthew Carter Jr., a director at Jones Lang LaSalle Inc., acquired 114 shares of common stock on January 3, 2025, in lieu of a cash retainer.
Summary
- On January 3, 2025, Matthew Carter Jr., a director of Jones Lang LaSalle Inc. (JLL), acquired 114 shares of JLL common stock.
- The shares were received in lieu of an annual cash retainer payable quarterly in advance for the first quarter of fiscal year 2025.
- This was done 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 the transaction, Carter directly owns 7,454 shares of JLL common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing a director's share acquisition in lieu of a cash retainer. It doesn't contain any particularly positive or negative information, hence a neutral sentiment score.
Positives
- A director is increasing their stake in the company, which could be seen as a positive signal.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions. It doesn't provide significant insight into broader industry trends but reflects standard compensation practices for non-executive directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by a director as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of earliest transaction |
| 01/03/2025 | Transaction date: Matthew Carter Jr. acquired 114 shares of JLL common stock. |
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