JLL Income Property Trust Director Mark A. Denien Receives 31.419 Shares

What Happened Mark A. Denien, a director of JLL Income Property Trust, acquired 31.419 shares (recorded as a derivative) on September 23, 2026, at a per-share value of $11.24, for a total economic value of about $353. The transaction reflects receipt of deferred/share-equivalent units rather than an open-market purchase or sale.

Key Details

• Transaction date & type: 2026-09-23 — Other acquisition (code J), 31.419 shares @ $11.24 (total ~$353).
• Instrument: Derivative units (DSUs) that are economically equivalent to Class I common shares (footnote F1).
• How acquired: Shares were credited pursuant to the Distribution Reinvestment Plan (F2) and/or Independent Directors Compensation Plan (F3).
• Payment/vesting: DSUs are generally payable later (on separation, a specified date, or change in control) per the compensation plan (F3).
• Shares owned after transaction: Not reported in the provided filing.
• Filing timeliness: Transaction reported with Form 4 filed 2026-09-25 for the 2026-09-23 event (appears timely).

Context This was an issuance/crediting of director compensation and/or reinvested distributions (DSUs), not a market trade. Such derivative DSU credits are common for non-employee directors and reflect deferred compensation rather than an immediate ownership change or liquidity event. They do not necessarily signal a change in the director’s market view.