JLL Income Property Trust Director Mark A. Denien Receives 31 DSUs
$1314152 · JLL Income Property Trust, Inc.Research Summary
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JLL Income Property Trust Director Mark A. Denien Receives 31 DSUs
What Happened Mark A. Denien, a director of JLL Income Property Trust, acquired 31.218 deferred stock units (DSUs) on August 24, 2026. The units were recorded at $11.26 each for a total economic value of approximately $352. The transaction is reported as an "Other acquisition or disposition (J)" and is a derivative acquisition (DSUs), not an open-market purchase.
Key Details
- Transaction date: 2026-08-24; Form 4 filed: 2026-08-26 (appears timely).
- Quantity and price: 31.218 DSUs at $11.26 per unit, total ≈ $352.
- Shares owned after transaction: Not reported in the provided filing excerpt.
- Footnotes: F1 — each DSU equals one economic share; F2 — acquired pursuant to the Jones Lang LaSalle Income Property Trust, Inc. Amended and Restated Distribution Reinvestment Plan (DRIP) on 8/24/2026; F3 — DSUs credited under the Independent Directors Compensation Plan are payable on separation, a specified date, or change in control.
- Transaction code: J (Other acquisition/disposition); treated as a derivative award (not a market purchase).
Context DSUs are deferred, share-equivalent awards that typically represent director compensation and are payable at a later date (e.g., separation from service or specified date). Such acquisitions via DRIP or compensation plans are routine and reflect compensation or reinvestment mechanics rather than an immediate, discretionary open-market investment by the insider.