JLL Income Property Trust Director Douglas Lindgren Acquires Shares

What Happened

• Douglas A. Lindgren, a director of JLL Income Property Trust, acquired a total of 146.561 economic shares on August 24, 2026. That includes 115.343 class I shares purchased under the company’s Distribution Reinvestment Plan (DRIP) at $11.24 each (value $1,296) and 31.218 deferred stock units (DSUs) recorded at $11.26 each (value $352). These were acquisitions (not sales).

Key Details

• Transaction dates and prices:
  • 2026-08-24: 115.343 shares @ $11.24 = $1,296 (acquired via DRIP). (Footnote F1)
  • 2026-08-24: 31.218 DSUs @ $11.26 = $352 (derivative acquisition). (Footnotes F2, F3)
• Total acquired: 146.561 shares / DSU equivalents; total value ≈ $1,648.
• Shares owned after the transaction: not specified in the provided Form 4 excerpt.
• Filing: Form 4 filed 2026-08-26 for transactions on 2026-08-24 — appears to be filed within the normal 2-business-day window.
• Footnotes of note:
  • F1: Shares were acquired under the Amended and Restated Distribution Reinvestment Plan.
  • F2: Each DSU is economically equivalent to one share of Class I common stock.
  • F3: DSUs credited under the independent directors’ compensation plan are payable on a separation date, a specified date, or upon a change in control.

Context

• DRIP purchases are routine ways for investors (including insiders) to reinvest distributions into additional shares; they are generally considered a form of purchase rather than a market-timed trade.
• DSUs are deferred compensation — they track the value of shares but are paid out later (per plan terms) and do not represent immediately tradable stock.
• These transactions are acquisitions (not sales) and are factual disclosures of compensation and reinvestment activity, not an explicit endorsement of future stock performance.