Repp Gordon G 4
Research Summary
AI-generated summary
JLL Income Property Trust General Counsel Gordon Repp Buys 10 Shares
What Happened
Gordon G. Repp, General Counsel and Secretary of JLL Income Property Trust, acquired 10.05 shares on May 21, 2026 at $11.24 per share, a total transaction value of approximately $113. The acquisition was recorded on Form 4 and is reported as an "other acquisition" (transaction code J).
Key Details
- Transaction date: 2026-05-21; filed with SEC on 2026-05-26.
- Price and quantity: 10.05 shares at $11.24 per share (total ≈ $113).
- Transaction code: J (other acquisition).
- Footnote: Shares were acquired pursuant to the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Distribution Reinvestment Plan (DRIP) on May 21, 2026.
- Shares owned after the transaction: not disclosed in the filing.
Context
This purchase was via the company's DRIP, meaning dividends were reinvested to buy additional shares. Such small, plan-driven acquisitions are routine and typically reflect automatic dividend reinvestment rather than a discretionary open-market buy.