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JLL (JLL) executive gains stock from performance award, shares withheld for taxes

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

Rhea-AI Filing Summary

Jones Lang LaSalle (JLL) executive Richard Bloxam received a stock award tied to prior performance. He acquired 12,957 shares of common stock on March 31, 2026 upon vesting of performance share units originally granted on April 5, 2023.

To cover taxes on this vesting and conversion, 6,090 shares were withheld at $297.00 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Bloxam directly holds 45,926 shares of JLL common stock.

Positive

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Insider Bloxam Richard
Role CEO, Capital Markets Services
Type Security Shares Price Value
Grant/Award Common Stock 12,957 $0.00 --
Tax Withholding Common Stock 6,090 $297.00 $1.81M
Holdings After Transaction: Common Stock — 52,016 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 granted on vesting 12,957 shares Common stock issued upon vesting of performance share units on March 31, 2026
Shares withheld for taxes 6,090 shares Withheld to pay taxes at $297.00 per share on March 31, 2026
Tax withholding price $297.00 per share Price used for tax-withholding disposition of 6,090 shares
Shares owned after transactions 45,926 shares Direct JLL common stock holdings after March 31, 2026 transactions
Award grant date April 5, 2023 Original grant date of performance share units that vested
performance share units financial
"Represents shares of the Issuer's common stock 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.
vesting financial
"issued upon the vesting of performance share units granted on April 5, 2023."
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.
tax-withholding disposition financial
"withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units"
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.
grant, award, or other acquisition financial
"transaction code A is described as Grant, award, or other acquisition"
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*
Bloxam Richard

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

(Street)
CHICAGO ILLINOIS 60601

(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)
CEO, Capital Markets Services
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)12,957A$052,016D
Common Stock03/31/2026F(2)6,090D$29745,926D
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/ Alan K. Tse, attorney-in-fact for Richard Bloxam04/02/2026
** 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

What did JLL executive Richard Bloxam report in this Form 4 filing for JLL?

Richard Bloxam reported a stock-based compensation event. He received 12,957 JLL common shares upon vesting of performance share units, and 6,090 shares were withheld to pay taxes. After these transactions, he directly owns 45,926 JLL common shares.

How many JLL shares did Richard Bloxam acquire in this performance award vesting?

He acquired 12,957 JLL common shares when performance share units granted on April 5, 2023 vested. These shares reflect stock-based compensation rather than an open-market purchase, aligning his pay with company performance targets over the vesting period.

Why were 6,090 JLL shares disposed of in Richard Bloxam’s Form 4?

The 6,090 JLL shares were withheld to pay taxes triggered by vesting and conversion of performance share units. This tax-withholding disposition is a standard, non-market mechanism and does not represent an open-market sale decision by the executive.

What is Richard Bloxam’s JLL share ownership after these Form 4 transactions?

Following the vesting and tax withholding, Richard Bloxam directly owns 45,926 JLL common shares. This figure reflects his updated equity position after receiving the performance-based award and having a portion withheld to satisfy his related tax obligations.

What are performance share units in the context of JLL’s executive compensation?

Performance share units are stock-based awards that convert into shares if certain performance goals are met over time. In this case, units granted to Richard Bloxam on April 5, 2023 vested and were converted into 12,957 JLL common shares on March 31, 2026.

Did Richard Bloxam execute any open-market trades in JLL shares in this Form 4?

No open-market trades are shown. The filing reflects a grant of 12,957 shares upon vesting of performance share units and a withholding of 6,090 shares for taxes, both routine compensation-related entries rather than discretionary buying or selling in the market.
Jones Lang Lasalle Inc

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