Thurber Lynn C 4
Research Summary
AI-generated summary
JLL Income Property Trust Director Lynn C. Thurber Buys 271 Shares via DRIP
What Happened
Lynn C. Thurber, a director of JLL Income Property Trust, acquired a total of 270.88 shares through the company's Distribution Reinvestment Plan (DRIP) on May 21, 2026. The filing shows two DRIP transactions: 240.068 shares at $11.24 ($2,698) and 30.812 shares at $11.25 ($347), totaling approximately $3,045. These were acquisitions (not sales), representing a routine reinvestment of distributions rather than an open-market purchase.
Key Details
- Transaction date: May 21, 2026 (reporting period: 2026-05-21)
- Prices and amounts: 240.068 shares @ $11.24 ($2,698) and 30.812 shares @ $11.25 ($347) — total 270.88 shares, ~$3,045.
- Transaction code: “J” (other acquisition/disposition); footnote F1: shares were acquired pursuant to the JLL Income Property Trust Amended and Restated Distribution Reinvestment Plan.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: No late filing is indicated in the provided information.
Context
A DRIP purchase means distributions (dividends) were automatically reinvested to buy additional trust shares. Such transactions are typically routine and reflect reinvestment of income, not necessarily a new bullish or bearish view by the insider.