Zeigler Robin McBride 4

What Happened

• Robin McBride Zeigler, a director of JLL Income Property Trust, received 6,571.936 shares of common stock on March 31, 2026 as her Stock Base Annual Retainer under the company’s Independent Directors Compensation Plan (value reported $74,000). The same day she was also credited 1.144 shares (reported value $16), reflecting a dividend adjustment that had not been previously reported.
• Both entries are coded as "Other acquisition or disposition (J)" in the Form 4 and represent non-cash awards/adjustments rather than open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-03-31: 6,571.936 shares at $11.26 each — value reported $74,000 (annual retainer).
  • 2026-03-31: 1.144 shares at $13.95 each — value reported $16 (dividend adjustment).
• Combined approximate value: ~$74,016.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes:
  • F1: Grant was the Stock Base Annual Retainer under the Amended and Restated Independent Directors Compensation Plan.
  • F2: The 1.144-share entry corrects an inadvertent failure to report a dividend adjustment from March 24, 2023.
• Filing timeliness: Form filed 2026-04-02 for transactions dated 2026-03-31 (timely). The F2 note documents a prior reporting omission that is being corrected.

Context

• These transactions are director compensation and an administrative dividend adjustment — typical non-cash awards that do not reflect an open-market buy or sell order. Such grants are routine for independent directors and are recorded as compensation rather than a market-driven insider purchase.