Denien Mark A 4

4 · JLL Income Property Trust, Inc. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

JLL Income Property Trust Director Mark Denien Receives Award

What Happened

Mark A. Denien, a director of JLL Income Property Trust, was credited with 6,571.936 Deferred Stock Units (DSUs) on 2026-03-31. The filing values the award at $11.26 per unit, totaling $74,000. This was recorded as a derivative acquisition (transaction code J) under the company’s independent directors compensation plan.

Key Details

Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (appears timely).
Units/amount: 6,571.936 DSUs at $11.26 each; total reported value $74,000.
Securities type: DSUs (derivative) — economically equivalent to one share of Class I common stock each.
Shares owned after transaction: not disclosed in the filing.
Footnotes: F1 confirms the DSUs were granted under the Amended and Restated Independent Directors Compensation Plan; F2 notes DSUs are payable on separation from service, a specified date, or upon a change in control.
Transaction code: J indicates an “other acquisition” of derivative securities (not an open-market purchase).

Context

DSUs are deferred compensation: they track the economic value of shares but are generally not immediately deliverable or tradable. Payout occurs later per plan terms (separation, specified date, or change in control), so this is an award/compensation event rather than a market purchase or sale indicating near-term trading intent.

Form 4

Period: 2026-03-31

Director

Transactions

Other
Deferred Stock Unit
[F1][F2]
2026-03-31$11.26/sh+6,571.936$74,000→ 6,571.936 total
→ Class I Common Stock (6,571.936 underlying)

Footnotes (2)

[F1]Deferred Stock Units ("DSU") credited to the reporting person under the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Independent Directors Compensation Plan, for 6,571.936 Deferred Stock Units granted under the Issuer's Amended and Restated Independent Directors Compensation Plan. Each DSU is economically equivalent to one share of Class I common stock.
[F2]The DSUs credited under the Amended and Restated Independent Directors Compensation Plan are generally payable in the form elected or provided under the Amended and Restated Independent Directors Compensation Plan on the earlier of: (i) a separation from service, (ii) a specified date, or (iii) a change in control.

Signature

/s/ Gordon G. Repp as attorney-in-fact for Mark A. Denien|2026-04-02

1 file