LINDGREN DOUGLAS A 4
4 · JLL Income Property Trust, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
JLL Income Property Trust Director Douglas Lindgren Buys Shares
What Happened
Douglas A. Lindgren, a director of JLL Income Property Trust, acquired common stock and deferred stock units (DSUs) on May 21, 2026. He received 113.742 shares at $11.24 each (total $1,278) through the company's Distribution Reinvestment Plan (DRIP) and 30.812 DSUs priced at $11.25 each (total $347), a derivative interest economically equivalent to shares. Combined value of the transactions is about $1,625. These were acquisitions (not sales).
Key Details
- Transaction dates and prices: May 21, 2026 — 113.742 shares @ $11.24 ($1,278) and 30.812 DSUs @ $11.25 ($347).
- Transaction types: DRIP share acquisition (ordinary share purchase via reinvested distributions) and derivative acquisition of DSUs.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 — shares from the Amended and Restated Distribution Reinvestment Plan; F2 — each DSU equals one share economically; F3 — DSUs are payable on separation, a specified date, or change in control under the Independent Directors Compensation Plan.
- Filing timeliness: Form 4 was filed on May 26, 2026 for a May 21 transaction (filed five days later); Form 4s are typically due within two business days, so this appears later than the usual filing window.
Context
This activity reflects dividend reinvestment and director compensation (DSUs), not an open-market buy for immediate ownership increase. DRIP purchases and DSU credits are common, routine mechanisms that often reflect dividend distributions or director pay rather than a directional investment signal.
Insider Transaction Report
- Other
Class M-I Common Stock
[F1]2026-05-21$11.24/sh+113.742$1,278→ 24,465.33 total - Other
Deferred Stock Unit
[F2][F1][F3]2026-05-21$11.25/sh+30.812$347→ 6,633.445 total→ Class I Common Stock (30.812 underlying)
Footnotes (3)
- [F1]Shares acquired pursuant to the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Distribution Reinvestment Plan on May 21, 2026.
- [F2]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.