JLL Income Property Trust Director Douglas Lindgren Acquires 146 Shares

What Happened

• Douglas A. Lindgren, a director of JLL Income Property Trust, acquired 114.909 shares through the company's Distribution Reinvestment Plan and was credited with 31.073 Deferred Stock Units (DSUs) on July 24, 2026. The DRIP shares were recorded at $11.23 each ($1,290 total) and the DSUs at $11.26 each ($350 total), for an aggregate value of roughly $1,640.
• These transactions are acquisitions (not sales). The DRIP purchase is a routine reinvestment of distributions; the DSUs are a form of deferred/derivative compensation.

Key Details

• Transaction date: July 24, 2026. Form 4 filed July 28, 2026 (timely within the 2-business-day filing window).
• DRIP: 114.909 shares @ $11.23 each = $1,290 (Footnote F1: acquired pursuant to the Amended and Restated Distribution Reinvestment Plan).
• DSUs (derivative): 31.073 units @ $11.26 each = $350 (Footnote F2: each DSU is economically equivalent to one share).
• Total shares/units acquired: 145.982 (~146) with combined value ≈ $1,640.
• Shares owned after transaction: Not reported in this Form 4 filing.
• Footnote on payout timing (F3): DSUs credited under the Independent Directors Compensation Plan are generally payable on separation from service, a specified date, or a change in control.
• Accession no.: 0001314152-26-000142.

Context

• DRIP purchases and DSU credits to directors are typically routine compensation and reinvestment mechanisms rather than active market timing. DRIP purchases increase direct share ownership immediately; DSUs are derivative units that track share value but are paid out later per plan terms.
• The dollar amount here is modest (~$1.6k), so while it represents a small insider purchase, it is common director compensation/reinvestment activity rather than a major stake change.