STOCK TITAN

JLL (JLL) legal chief receives 4,296-share award, 1,904 withheld for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jones Lang LaSalle’s Chief Legal Officer Alan K. Tse reported routine equity compensation activity. He received 4,296 shares of common stock as performance share units granted on April 5, 2023 vested and converted into shares. To cover related taxes, 1,904 shares were withheld at $297 per share in a tax-withholding disposition. After these transactions, Tse directly holds 18,105 shares of common stock, reflecting ongoing stock-based compensation rather than open-market trading.

Positive

  • None.

Negative

  • None.
Insider Tse Alan K
Role Chief Legal Officer
Type Security Shares Price Value
Grant/Award Common Stock 4,296 $0.00 --
Tax Withholding Common Stock 1,904 $297.00 $565K
Holdings After Transaction: Common Stock — 20,009 shares (Direct)
Footnotes (1)
  1. Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on April 5, 2023. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on April 5, 2023.
Shares acquired from vesting 4,296 shares Performance share units vested and converted into common stock granted April 5, 2023
Shares withheld for taxes 1,904 shares Withheld upon vesting of performance share units to pay tax liability
Tax withholding price $297 per share Price applied to 1,904 shares withheld for tax obligations
Shares owned after transactions 18,105 shares Direct holdings of JLL common stock following Form 4 transactions
performance share units financial
"issued upon the vesting of performance share units granted on April 5, 2023"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 1,904 shares at $297 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"shares of the Issuer's common stock issued upon the vesting of performance share units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) reporting Alan K. Tse's transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tse Alan K

(Last)(First)(Middle)
200 E. RANDOLPH DRIVE

(Street)
CHICAGO ILLINOIS USA

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
JONES LANG LASALLE INC [ JLL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A(1)4,296A$020,009D
Common Stock03/31/2026F(2)1,904D$29718,105D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on April 5, 2023.
2. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on April 5, 2023.
/s/ Seth Gastwirth, attorney-in-fact for Alan K. Tse04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

How many JLL shares did Alan Tse receive from performance awards?

Alan Tse received 4,296 shares of Jones Lang LaSalle common stock. These shares were issued upon vesting of performance share units that were originally granted on April 5, 2023, reflecting long-term incentive compensation rather than a new cash investment in the stock.

How many JLL shares were withheld for Alan Tse’s taxes, and at what price?

A total of 1,904 Jones Lang LaSalle shares were withheld for taxes at a price of $297 per share. This tax-withholding disposition settled the tax liability tied to vesting performance share units and is not considered an open-market sale by the executive.

How many JLL shares does Alan Tse own after these transactions?

After the reported transactions, Alan Tse directly owns 18,105 shares of Jones Lang LaSalle common stock. This figure reflects his post-transaction holdings following the vesting of performance share units and the share withholding to pay associated tax obligations.

Were Alan Tse’s JLL transactions open-market buys or sells?

The reported transactions were not open-market trades. One was an acquisition of 4,296 shares from vesting performance share units, and the other was a tax-withholding disposition of 1,904 shares to cover taxes, a routine compensation-related event rather than discretionary trading.
Jones Lang Lasalle Inc

NYSE:JLL

View JLL Stock Overview

JLL Rankings

JLL Latest News

JLL Latest SEC Filings

JLL Stock Data

14.26B
46.40M
Real Estate Services
Real Estate Agents & Managers (for Others)
Link
United States
CHICAGO