FISCHER TAMARA D 4

What Happened

• Tamara D. Fischer, a director of JLL Income Property Trust, acquired a total of 147.335 shares on May 21, 2026. The transactions consist of 116.523 shares purchased via the company’s Distribution Reinvestment Plan (DRIP) at $11.24/share ($1,310 total) and 30.812 shares credited as Deferred Stock Units (DSUs) at $11.25/share (derivative award valued at $347). These were acquisitions (not sales).

Key Details

• Transaction dates and prices:
  • 2026-05-21: 116.523 shares acquired under DRIP at $11.24/share (code J) — $1,310.
  • 2026-05-21: 30.812 DSUs granted at $11.25/share (code A, derivative) — $347.
• Total value of reported transactions: approximately $1,657.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes from the filing:
  • F1: DRIP shares were purchased pursuant to the Amended and Restated Distribution Reinvestment Plan.
  • F2: Each DSU is economically equivalent to one share of Class I common stock.
  • F3: DSUs under the Independent Directors Compensation Plan are payable upon separation from service, a specified date, or a change in control.
• Filing timeliness: no late filing indicator was provided in the excerpt.

Context

• The DRIP purchase represents reinvested distributions (an automatic way directors can increase holdings). The DSUs are a deferred, derivative compensation award — they are economically equivalent to shares but are typically paid out at a future event (e.g., separation or change in control). These are acquisitions rather than open-market purchases or sales.