Bloxam Richard 4
4 · JONES LANG LASALLE INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
JLL CEO Richard Bloxam Receives Award; 6,090 Shares Withheld
What Happened
Richard Bloxam, CEO of Jones Lang LaSalle Inc. (JLL) — Capital Markets Services — had 12,957 shares issued to him on 2026-03-31 upon the vesting of performance share units (PSUs). At the same time, 6,090 of those shares were withheld to satisfy tax withholding obligations at $297.00 per share, a withholding value of $1,808,730. The issuance price of the awarded shares is reported as $0.00 (award/vesting).
Key Details
- Transaction date: 2026-03-31 (filed with the SEC on 2026-04-02; filing appears timely).
- Awarded/Acquired: 12,957 shares (code A) at $0.00 (issuance on PSU vesting).
- Tax withholding/Disposed: 6,090 shares (code F) withheld at $297.00 for a total of $1,808,730.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — shares issued upon vesting of PSUs granted April 5, 2023. F2 — withheld shares represent shares surrendered/converted to cover taxes on those vested PSUs.
- Transaction type: vesting of performance awards with shares withheld for taxes (not an open-market sale).
Context
This was a compensation-related vesting event (PSUs converting into common stock). Withholding shares to cover taxes is a common administrative action and should not be read as a discretionary market sale by the insider. This is not an options exercise for immediate sale; it is the conversion/vesting of PSUs with tax withholding.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+12,957→ 52,016 total - Tax Payment
Common Stock
[F2]2026-03-31$297.00/sh−6,090$1,808,730→ 45,926 total
Footnotes (2)
- [F1]Represents shares of the Issuer's common stock issued upon the vesting of performance share units granted on April 5, 2023.
- [F2]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.