JLL Income Property Trust, Inc.·4

Jul 28, 11:40 AM ET

Thurber Lynn C 4

Research Summary

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JLL Income Property Trust Director Lynn Thurber Buys Shares

What Happened

Lynn C. Thurber, a director of JLL Income Property Trust, acquired a total of 273.605 shares on July 24, 2026 through the company's distribution reinvestment plan. The filing shows two allotments: 242.532 shares at $11.23 each (value $2,724) and 31.073 shares at $11.26 each (value $350), for a combined cost of $3,074. This was an acquisition (purchase) via dividend reinvestment rather than an open-market buy.

Key Details

  • Transaction date and prices:
    • 2026-07-24 — 242.532 shares @ $11.23 = $2,724 (code J: other acquisition)
    • 2026-07-24 — 31.073 shares @ $11.26 = $350 (code J: other acquisition)
  • Total acquired: 273.605 shares for $3,074.
  • Method: Shares were acquired under the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Distribution Reinvestment Plan (footnote F1).
  • Shares owned after the transaction: Not specified in the filing.
  • Filing: Form 4 filed 2026-07-28 reporting transactions dated 2026-07-24; the filing does not indicate a late-filing notation.

Context

These purchases come from a DRIP (dividend reinvestment), which automatically uses distributions to buy additional shares. Such reinvestments are routine for insiders and typically reflect dividend policy participation rather than a distinct bullish trade signal. Code "J" on the Form 4 denotes an "other acquisition or disposition," and the footnote clarifies the DRIP source.