J.Jill (JILL) officer Elliot Staples receives stock and PSU awards after dividend and EBITDA goal
Rhea-AI Filing Summary
J.Jill, Inc. officer Elliot Staples reported additional equity awards tied to a cash dividend and performance goals. On January 7, 2026, the company paid a cash dividend of $0.08 per share on its common stock to holders of record on December 24, 2025, which resulted in Staples receiving 80.14 additional shares of common stock at $0 per share, bringing his directly held common stock to 21,739.16 shares.
He also acquired 47.5 performance stock units at no cost, increasing his directly held derivative awards to 13,570.02 units. The filing explains that 67.46 restricted stock units and 12.68 performance stock units were earned after J.Jill achieved a predetermined Adjusted EBITDA threshold. A portion of his awards are TSR PSUs, which may vest into an equivalent number of common shares if absolute total shareholder return growth targets are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 47.5 | $0.00 | -- |
| Other | Common Stock | 80.14 | $0.00 | -- |
Footnotes (1)
- On January 7, 2026, J.Jill, Inc. paid a cash dividend of $0.08 per share on each share of its outstanding common stock, par value $0.01 per share ("Common Stock"). The dividend was payable to all holders of Common Stock on the record date, December 24, 2025. Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate. This represents 67.46 restricted stock units and 12.68 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold. This represents Mr. Staples's performance stock units that will be eligible for vesting based on achievement of absolute total shareholder return compound annual growth rate goals ("TSR PSUs") and settlement as the underlying performance stock units to which they relate. Each TSR PSU represents the contingent right to receive, upon vesting, one share of Common Stock and the number of TSR PSUs reported represents the maximum possible number of shares of Common Stock that are eligible for vesting.