Adams Laura M. 4

What Happened

• Laura M. Adams, Chief Human Resources Officer of Jones Lang LaSalle Inc. (JLL), had performance share units vest on March 31, 2026. The vesting resulted in the issuance of 2,879 shares (award/acquisition at $0.00). To satisfy tax withholding, 1,276 of those shares were withheld (disposition at $297.00 per share, total value $378,972). The net shares retained from the vesting were 1,603 (2,879 issued − 1,276 withheld).

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
• Award: 2,879 shares issued upon vesting of PSUs (granted April 5, 2023). Price recorded for award: $0.00.
• Tax withholding: 1,276 shares withheld to pay taxes, valued at $297.00 per share (total ~$378,972). Transaction code F = tax withholding (not an open-market sale).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 confirms issuance upon April 5, 2023 PSU vesting; F2 explains the withheld shares were used to pay taxes upon conversion.

Context

• This was a standard vesting/tax-withholding event for performance share units, not an open-market sale or purchase. Withheld-share dispositions to cover taxes are routine and do not necessarily signal a change in the insider’s view of the company.