Transaction details
On March 24, 2026, Richard Bloxam, who serves as CEO of Capital Markets Services at Jones Lang LaSalle Incorporated (NYSE: JLL), executed a sale of 5,440 shares of the company's common stock. The shares were sold at a price of $296.9415 each, yielding proceeds of roughly $1.6 million.
Mechanics and ownership after sale
The disposition was effected under a Rule 10b5-1(c) trading arrangement that was adopted by Bloxam's spouse on December 23, 2025. According to the filing, after the March 24 transaction the spouse no longer retained any shares of Jones Lang LaSalle. Separately, Bloxam continues to hold 39,059 shares directly.
Valuation context and company outlook
At the time of the transaction, Jones Lang LaSalle was trading at a price-to-earnings ratio of 18.17. InvestingPro analysis cited in the filings indicates the stock appears undervalued relative to its Fair Value. The company is characterized in available research as a roughly $14 billion real estate services business.
Recent corporate disclosures and investor communications show several operational and capital-allocation developments. Jones Lang LaSalle reported record fourth-quarter earnings, outpacing analyst expectations, which the company attributed to strong results across its transaction-focused businesses. Management has also introduced an Accelerate 2030 strategy that sets explicit growth objectives - an 8% annual revenue growth target and 12% adjusted EBITDA growth - and a through-the-cycle goal of 16% annual adjusted earnings per share growth. In line with these priorities, the company increased its share repurchase authorization to $3 billion.
Additional resources referenced
The filings reference InvestingPro offerings for deeper analysis, noting 12 additional ProTips and a comprehensive Pro Research Report on Jones Lang LaSalle.
Contextual note
The public record supplies the transaction date, share count, price, the Rule 10b5-1(c) plan adoption date, post-transaction holdings for the spouse, and Bloxam’s direct holdings. The company’s recent financial performance, strategic targets under Accelerate 2030, and the expanded $3 billion buyback are also disclosed in corporate materials cited alongside the transaction data.