LINDGREN DOUGLAS A 4
4 · JLL Income Property Trust, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
JLL Income Property Trust Director Douglas Lindgren Receives Shares & DSUs
What Happened
Director Douglas A. Lindgren acquired two forms of equity-related compensation on March 31, 2026. He received 334.939 shares through the company's distribution reinvestment plan (priced at $11.24, $3,765 total) and was credited with 6,571.936 Deferred Stock Units (DSUs) under the independent directors compensation plan (priced at $11.26, $74,000 total). Both items are acquisitions (reported with code J) and are routine compensation/plan transactions rather than open-market purchases.
Key Details
- Transaction dates and prices: March 31, 2026 — 334.939 shares @ $11.24 (acquired, $3,765); 6,571.936 DSUs @ $11.26 (acquired, $74,000).
- Total reported value: approximately $77,765.
- Shares owned after transaction: not specified in the provided Form 4 excerpt.
- Footnotes: F1 = shares from the Amended & Restated Distribution Reinvestment Plan; F2 = DSUs credited under the Amended & Restated Independent Directors Compensation Plan; F3 = DSUs payable upon separation, a specified date, or change in control.
- Filing timeliness: Form 4 filed Apr 2, 2026 for Mar 31, 2026 transactions — appears to be filed timely.
Context
- The distribution reinvestment is a routine dividend-reinvestment purchase (typical of DRIP activity).
- The DSUs are a deferred compensation instrument that are economically equivalent to shares but generally are payable later (on separation, a set date, or change in control); they do not represent immediate tradable stock.
- These transactions reflect standard director compensation and reinvestment activity rather than discretionary open-market investing.
Insider Transaction Report
Form 4
LINDGREN DOUGLAS A
Director
Transactions
- Other
Class M-I Common Stock
[F1]2026-03-31$11.24/sh+334.939$3,765→ 24,238.275 total - Other
Deferred Stock Unit
[F2][F3]2026-03-31$11.26/sh+6,571.936$74,000→ 6,571.936 total→ Class I Common Stock (6,571.936 underlying)
Footnotes (3)
- [F1]Shares acquired pursuant to the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Distribution Reinvestment Plan on March 31, 2026.
- [F2]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.
- [F3]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, attorney-in-fact for Douglas A. Lindgren|2026-04-02