J.Jill (NYSE: JILL) CFO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. executive Mark W. Webb, EVP, CFO & COO, reported a routine tax-related share disposition. On June 30, 2026, 3,493.58 shares of common stock were withheld at $15.97 per share to cover taxes tied to vesting of previously granted RSUs. After this withholding, Webb directly holds 176,378.60 shares of J.Jill common stock. This was a tax-withholding event, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Webb Mark W.
Role
EVP, CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,493.58 | $15.97 | $56K |
Holdings After Transaction:
Common Stock — 176,378.6 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,493.58 shares
Withholding price: $15.97 per share
Shares held after transaction: 176,378.60 shares
+2 more
5 metrics
Shares withheld for taxes
3,493.58 shares
Withheld from CFO’s RSU vesting
Withholding price
$15.97 per share
Value used for tax-withholding disposition
Shares held after transaction
176,378.60 shares
CFO’s direct J.Jill common stock holdings post-transaction
Transaction code
F
Payment of tax liability by delivering securities
Tax-withholding shares count
3,493.58 shares
Reported as tax-withholding disposition in transactionSummary
Key Terms
RSUs, tax-withholding disposition, transaction code "F", beneficial ownership
4 terms
RSUs financial
"vesting of previously granted RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
transaction code "F" regulatory
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
beneficial ownership financial
"tax-withholding disposition without changing underlying compensation-based beneficial ownership structure"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did J.Jill (JILL) report for Mark W. Webb?
J.Jill reported that EVP, CFO & COO Mark W. Webb had 3,493.58 shares of common stock withheld. The shares were used to pay taxes due on the vesting of previously granted RSUs, rather than being sold in the open market.
What does transaction code "F" mean in the J.Jill (JILL) Form 4?
Transaction code "F" indicates a disposition to pay taxes or exercise costs using shares rather than cash. In this case, J.Jill used shares from Mark W. Webb’s RSU vesting to cover tax obligations instead of executing an open-market share sale.