Form 4: Jones Lang LaSalle Director Deborah H. McAneny Reports Stock Unit Conversion
SEC Form 4 Filing
Director Deborah H. McAneny converted restricted stock units into common stock of Jones Lang LaSalle Inc. on May 28, 2024.
Summary
- On May 28, 2024, Deborah H. McAneny, a director of Jones Lang LaSalle Inc. (JLL), converted 375 restricted stock units into an equal number of shares of JLL common stock.
- The transaction was executed at a price of $0 per unit.
- Following the transaction, Ms. McAneny directly owns 15,581 shares of JLL common stock.
- The restricted stock units were granted on May 28, 2021, and vested in two tranches: one-half on November 28, 2022, and the remaining half on May 28, 2024.
Sentiment
Score: 5
Explanation: This is a neutral reporting of a standard insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors. It reflects standard corporate governance practices.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
- It has a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/28/2021 | Reporting Person was granted 750.00 restricted stock units |
| 11/28/2022 | One-half of the restricted stock units vested |
| 05/28/2024 | Transaction Date: Conversion of 375 restricted stock units into common stock; remaining half of restricted stock units vested |
| 05/30/2024 | Date of Form 4 filing |
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