JLL Income Property Trust Director Tamara Fischer Receives Shares

What Happened

• Tamara D. Fischer, a director of JLL Income Property Trust, acquired a total of 148.792 economic shares on July 24, 2026. This consisted of 117.719 shares purchased through the company's Distribution Reinvestment Plan (DRIP) at $11.23 each ($1,322) and 31.073 deferred stock units (DSUs) credited at an economic value of $11.26 each ($350). Both entries are reported as "Other acquisition or disposition (J)" on the Form 4.
• These are acquisitions (not open-market buys): the DRIP reinvests distributions to buy additional shares, and the DSUs are director compensation credited as units that track one share each but are payable later.

Key Details

• Transaction date: July 24, 2026. Filing date: July 28, 2026 (filed within the Form 4 two-business-day window).
• Prices and values: 117.719 shares @ $11.23 = $1,322; 31.073 DSUs @ $11.26 = $350; total ~148.792 shares / ~$1,672.
• Shares owned after transaction: not specified in the supplied filing summary.
• Footnotes of note:
  • F1: DRIP purchases were made pursuant to the Amended and Restated Distribution Reinvestment Plan.
  • F2: Each DSU is economically equivalent to one share of Class I common stock.
  • F3: DSUs under the Independent Directors Compensation Plan are payable on separation from service, a specified date, or a change in control.
• Transaction code J indicates an "other" acquisition type (here: reinvestment and DSU credit), not a market buy or option exercise.

Context

• These transactions reflect routine director compensation and dividend reinvestment rather than a discretionary open-market purchase by the director; DSUs are deferred compensation and will be paid later per the plan terms.
• For retail investors, this is a small-value insider acquisition and should be viewed as routine company-directed transactions rather than a clear bullish signal from the director.