Ulbrich Christian 4
4 · JONES LANG LASALLE INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
JLL CEO Christian Ulbrich Receives Award; 23,491 Shares Withheld
What Happened
Christian Ulbrich, CEO & President and a director of Jones Lang LaSalle Inc. (JLL), had performance share units vest on 2026-03-31 that converted into 46,791 shares of JLL common stock (awarded at $0.00). To satisfy tax withholding obligations on the vesting, 23,491 of those shares were withheld/disposed at $297.00 per share, for a withholding value of $6,976,827.
Key Details
- Transaction dates: 2026-03-31 (vesting/award and tax withholding); Form 4 filed 2026-04-02.
- Awards: 46,791 shares issued upon vesting (code A, acquisition at $0.00).
- Tax withholding: 23,491 shares withheld/disposed (code F) at $297.00/share = $6,976,827.
- Shares owned after the transaction: not provided in the supplied filing details.
- Footnotes: F1 — shares issued upon vesting of performance share units granted 2023-04-05. F2 — number of shares withheld to pay taxes upon vesting and conversion of those PSUs.
- Filing timeliness: Form 4 was filed 2026-04-02; no late-filing flag indicated in the provided data.
Context
This was not an open-market sale but the routine conversion/vesting of performance share units and the standard withholding of a portion of the vested shares to cover taxes (a common cashless/tax-payment mechanism). Transaction codes: A = Award/Grant (vesting), F = Tax withholding. Such withholdings are administrative and do not by themselves indicate a deliberate sale of shares by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+46,791→ 171,909 total - Tax Payment
Common Stock
[F2]2026-03-31$297.00/sh−23,491$6,976,827→ 148,418 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.