Form 4: Jones Lang LaSalle Director Acquires Shares in Lieu of Cash Retainer

Efrain Rivera, a director at Jones Lang LaSalle Inc. (JLL), acquired 128 shares of common stock on March 28, 2024, in lieu of a cash retainer.

Summary

• On March 28, 2024, Efrain Rivera, a director of Jones Lang LaSalle Inc. (JLL), acquired 128 shares of JLL common stock.
• The shares were received in lieu of a cash retainer payable quarterly in advance for the second quarter of fiscal year 2024.
• This acquisition was made 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, Rivera beneficially owns 4,576 shares of JLL common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment. The transaction is part of a standard compensation plan and doesn't indicate any significant positive or negative development.

Positives

• The director's decision to take shares in lieu of cash demonstrates confidence in the company's future performance.

Industry Context

Director share acquisitions are common and can be seen as a positive signal, indicating confidence in the company's prospects. This transaction is part of a pre-existing compensation plan.

Key Dates