Bloxam Richard 4
4 · JONES LANG LASALLE INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
JLL CEO Richard Bloxam Sells Shares to Cover Tax Withholding
What Happened
Richard Bloxam, CEO, Capital Markets Services at Jones Lang LaSalle (JLL), had 5,797 restricted stock units (RSUs) vest and convert into common shares on Feb 15, 2026. Of those, 2,725 shares were disposed (sold/withheld) at $289.15 per share to satisfy tax withholding obligations, generating $787,934. The remaining 3,072 shares were retained (net of withholding).
Key Details
- Transaction date: Feb 15, 2026; Form 4 filed Feb 18, 2026 (period of report 2026-02-15).
- Vesting/conversion: 5,797 RSUs converted into 5,797 shares (transaction code M).
- Tax withholding/disposition: 2,725 shares disposed at $289.15 per share for $787,934 (transaction code F).
- Net shares received: 5,797 vested − 2,725 withheld = 3,072 shares retained.
- Footnotes: RSUs convert into an equal number of common shares; the RSUs were granted April 5, 2023 and vested in full on Feb 15, 2026.
- Filing timing: Form filed three days after the vesting date; Form 4s are generally due within two business days of the transaction.
Context
This was a routine RSU vesting with a “sell-to-cover” tax withholding rather than an open-market sale driven by investment view. Transaction codes: M = conversion/exercise of derivative (RSU vesting), F = shares withheld/sold to satisfy tax liability. Such tax-withholding dispositions are common and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-15+5,797→ 41,784 total - Tax Payment
Common Stock
2026-02-15$289.15/sh−2,725$787,934→ 39,059 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-15−5,797→ 0 totalExercise: $0.00From: 2026-02-15Exp: 2026-02-15→ Common Stock (5,797 underlying)
- 5,440(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Restricted stock units convert into an equal number of shares of common stock.
- [F2]On April 5, 2023, the Reporting Person was granted 5,797.00 restricted stock units vesting with respect to all shares on February 15, 2026.