Repp Gordon G 4
Research Summary
AI-generated summary
JLL Income Property Trust GC Gordon G Repp Buys 10 Shares via DRIP
What Happened
- Gordon G. Repp, General Counsel and Secretary of JLL Income Property Trust, acquired 10.153 shares at $11.23 per share on July 24, 2026, for a total of about $114. The transaction was an acquisition through the company’s distribution reinvestment plan (DRIP), so it reflects automatic reinvestment of distributions rather than an open-market purchase.
Key Details
- Transaction date and price: July 24, 2026 — 10.153 shares at $11.23 each (total ≈ $114).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Shares were acquired pursuant to the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Distribution Reinvestment Plan (DRIP) on July 24, 2026.
- Filing date vs transaction date: Form 4 filed July 28, 2026 (four days after the transaction). Form 4s are generally required within two business days of a reportable transaction; this filing may therefore be late—check the full filing for any tardiness code or explanation.
Context
- DRIP purchases are routine and reflect reinvestment of dividends/distributions; they are less informative about an insider’s view of the company than voluntary open-market purchases.
- The dollar amount here (~$114) is small, so this transaction is immaterial in isolation for investment decisions.