Murray Neil D 4

What Happened

• Neil D. Murray, CEO of Real Estate Management Services at Jones Lang LaSalle (JLL), had 5,797 restricted stock units (RSUs) convert into common shares on Feb 15, 2026. To satisfy tax withholding, 2,584 of those shares were disposed at $289.15 each, generating $747,164. The conversion is reported as an exercise/conversion of a derivative (code M) and the withholding as a payment of tax liability (code F).

Key Details

• Transaction date: February 15, 2026.
• Conversion: 5,797 RSUs converted into 5,797 common shares (reported at $0.00 per share, code M).
• Withholding sale: 2,584 shares disposed at $289.15 per share for $747,164 (code F).
• Remaining shares after withholding: 5,797 converted − 2,584 withheld = 3,213 shares retained.
• Footnotes: F1 — RSUs convert into an equal number of common shares. F2 — These RSUs were granted April 5, 2023 and vested in full on February 15, 2026.
• Filing timeliness: Reported on Feb 18, 2026 for a Feb 15 transaction; filing appears timely.

Context

• This was a routine vesting and sell-to-cover tax withholding, not an open-market discretionary sale. RSU conversions followed by share withholding for taxes are common and reflect compensation vesting rather than a direct buy/sell decision about the company stock.