Denien Mark A 4
Research Summary
AI-generated summary
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.