Tse Alan K 4
4 · JONES LANG LASALLE INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
JLL Chief Legal Officer Alan Tse Receives 6,405 Shares
What Happened
Alan K. Tse, Chief Legal Officer of Jones Lang LaSalle Incorporated (JLL), had restricted stock units (RSUs) convert into 6,405 shares of JLL common stock on February 15, 2026. Of those, 2,340 shares were withheld to cover tax liabilities at a reported price of $289.15 per share (total withholding value $676,611), leaving a net increase of 4,065 shares retained by Mr. Tse. The RSU conversions are recorded as derivative conversions (code M) and the share withholding for taxes is recorded under code F.
Key Details
- Transaction date: February 15, 2026. Report filed February 18, 2026. No late-filing flag provided in the supplied data.
- Reported market price used for withholding: $289.15 per share.
- Gross shares converted: 6,405 (1,070 + 3,903 + 1,432).
- Shares withheld for taxes: 2,340 (475 + 1,230 + 635) — withholding value ≈ $676,611.
- Net shares retained: 4,065, with an approximate market value of $1.175M (based on $289.15).
- Footnotes explain the source of the RSUs: grants from Apr 2023 (3,903 RSUs, fully vesting 2/15/2026), Apr 2024 (4,297 RSUs, one-third vesting 2/15/2025–2027), and Apr 2025 (3,211 RSUs, one-third vesting 2/15/2026–2028). F1 notes RSUs convert to an equal number of common shares.
- Filing shows conversion and share-for-tax withholding (cashless tax withholding), not an open-market sale.
Context
These transactions reflect RSU vesting and standard tax-withholding via share surrender (common for executive equity awards). This is an award/vesting event rather than an open-market purchase or sell that would indicate a trading decision. For exact post-transaction holdings, review the full Form 4 filing (the provided summary does not state total shares owned after the transactions).
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-15+1,070→ 12,718 total - Tax Payment
Common Stock
2026-02-15$289.15/sh−475$137,346→ 12,243 total - Exercise/Conversion
Common Stock
2026-02-15+3,903→ 16,146 total - Tax Payment
Common Stock
2026-02-15$289.15/sh−1,230$355,655→ 14,916 total - Exercise/Conversion
Common Stock
2026-02-15+1,432→ 16,348 total - Tax Payment
Common Stock
2026-02-15$289.15/sh−635$183,610→ 15,713 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-15−1,070→ 2,141 totalExercise: $0.00From: 2026-02-15Exp: 2028-02-15→ Common Stock (1,070 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-15−3,903→ 0 totalExercise: $0.00From: 2026-02-15Exp: 2026-02-15→ Common Stock (3,903 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-15−1,432→ 1,433 totalExercise: $0.00From: 2025-02-15Exp: 2027-02-15→ Common Stock (1,432 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into an equal number of shares of common stock.
- [F2]On April 4, 2025, the Reporting Person was granted 3,211.00 RSU shares vesting with respect to one third of the shares on each of February 15, 2026, February 15, 2027, and February 15, 2028.
- [F3]On April 5, 2023, the Reporting Person was granted 3,903.00 restricted stock units vesting with respect to all shares on February 15, 2026.
- [F4]On April 5, 2024, the Reporting Person was granted 4,297.00 restricted stock units vesting with respect to one-third of the shares on each of February 15, 2025, February 15, 2026 and February 15, 2027.