Denien Mark A 4
4 · JLL Income Property Trust, Inc. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
JLL Income Property Trust Director Mark Denien Receives 31 Shares
What Happened
Mark A. Denien, a director of JLL Income Property Trust, acquired 30.929 derivative units (DSUs) on June 23, 2026. The filing values the transaction at $11.26 per share for a total of $348. This was an acquisition of DSUs (economically equivalent to shares), not an open-market stock purchase.
Key Details
- Transaction date and type: 2026-06-23 — Other acquisition (derivative) reported under code J.
- Price and value: 30.929 DSUs @ $11.26 each = $348 total.
- Shares owned after transaction: Not specified in the filing.
- Filing date / timeliness: Form 4 filed 2026-06-25 (two days after the transaction), consistent with timely reporting.
- Footnotes of note:
- DSUs are economically equivalent to one share of Class I common stock.
- These shares were acquired pursuant to the company’s Distribution Reinvestment Plan.
- DSUs credited under the Independent Directors Compensation Plan are payable on separation, a specified date, or change in control.
Context
This was a small, routine director compensation/reinvestment transaction (value $348) involving deferred share units rather than an immediate cash purchase of common stock. DSU credits are common for non-employee directors and are generally paid out later; they do not necessarily indicate a near-term purchase or sale of common shares.
Insider Transaction Report
- Other
Deferred Stock Unit
[F1][F2][F3]2026-06-23$11.26/sh+30.929$348→ 6,664.374 total→ Class I Common Stock (30.929 underlying)
Footnotes (3)
- [F1]Each DSU is economically equivalent to one share of Class I common stock.
- [F2]Shares acquired pursuant to the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Distribution Reinvestment Plan on June 23, 2026.
- [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.