Form 4: Jones Lang LaSalle Inc. Co-CEO of JLL Technologies, Yishai Lerner, Granted Restricted Stock Units
SEC Form 4 Filing
Yishai Lerner, Co-CEO of JLL Technologies, received 7,945 restricted stock units of Jones Lang LaSalle Inc. on April 5, 2024, which will vest on February 15, 2027.
Summary
- On April 5, 2024, Yishai Lerner, Co-CEO of JLL Technologies, was granted 7,945 restricted stock units (RSUs) of Jones Lang LaSalle Inc.
- These RSUs will convert into an equal number of shares of common stock.
- The RSUs vest on February 15, 2027.
Sentiment
Score: 7
Explanation: The document indicates a standard executive compensation practice, suggesting stability and alignment of interests. It's a neutral to slightly positive signal.
Positives
- The grant of restricted stock units to a key executive aligns their interests with the long-term performance of the company.
Industry Context
Equity compensation is a common practice in the real estate and technology industries to incentivize and retain key executives.
Comparison to Industry Standards
- Companies like CBRE and Cushman & Wakefield also use restricted stock units as part of their executive compensation packages.
- The vesting schedule of February 15, 2027, is a fairly standard three-year vesting period.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of the transaction: Yishai Lerner was granted 7,945 restricted stock units. |
| 02/15/2027 | Vesting date for the 7,945 restricted stock units. |
| 04/08/2024 | Date of the Form 4 filing. |
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.