Form 4: Jones Lang LaSalle Director Acquires Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Hugo Bague, a director at Jones Lang LaSalle Inc., acquired 116 shares of common stock on April 1, 2025, in lieu of a cash retainer.
Summary
- On April 1, 2025, Hugo Bague, a director of Jones Lang LaSalle Inc. (JLL), acquired 116 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 2025.
- 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, Bague directly owns 26,403 shares of JLL common stock.
Sentiment
Score: 6
Explanation: The document describes a routine transaction related to director compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Positives
- A director taking shares in lieu of cash may signal confidence in the company's future performance.
Industry Context
Directors receiving shares as part of their compensation is a common practice in publicly traded companies. This aligns their interests with those of the shareholders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Hugo Bague acquired 116 shares of JLL common stock. |
| 04/02/2025 | Date of signature: Alan K. Tse, attorney-in-fact for Hugo Bague, signed the Form 4. |
Keywords
Jones Lang LaSalle, JLL, Director, Share Acquisition, Hugo Bague, Non-Executive Director Compensation, Deferred Compensation Plan, Form 4, SEC Filing
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