J.Jill (NYSE: JILL) CEO granted RSUs and TSR-based performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coyne Mary Ellen reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. reported that CEO and President Mary Ellen Coyne received new equity awards. She was granted 42,668 restricted stock units of common stock on April 6, 2026, which will vest in three equal installments on April 6, 2027, 2028 and 2029. She also received 21,334 performance stock units, representing the maximum number of shares that may vest based on absolute total shareholder return compound annual growth rate goals over a three-year performance period ending on January 27, 2029. Following these awards, she directly holds 211,784.26 shares of common stock and 36,428.77 performance stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Coyne Mary Ellen
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 21,334 | $0.00 | -- |
| Grant/Award | Common Stock | 42,668 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 36,428.77 shares (Direct);
Common Stock — 211,784.26 shares (Direct)
Footnotes (1)
- Represents 42,668 restricted stock units ("RSUs") granted to Ms. Coyne on April 6, 2026 that will vest in equal installments on each April 6, 2027, April 6, 2028 and April 6, 2029 for an equal number of shares of common stock, par value $0.01 per share ("Common Stock"). This represents Ms. Coyne'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") over a three-year performance period ending on January 27, 2029. 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, which is 200% of the number of shares of Common Stock at target payout.
Key Figures
Restricted stock units granted: 42,668 units
Performance stock units granted (max): 21,334 units
Common stock held after grant: 211,784.26 shares
+3 more
6 metrics
Restricted stock units granted
42,668 units
RSUs granted April 6, 2026 vesting 2027-2029
Performance stock units granted (max)
21,334 units
Maximum TSR PSUs eligible to vest by January 27, 2029
Common stock held after grant
211,784.26 shares
Direct JILL common stock holdings after April 6, 2026 grants
Performance stock units held after grant
36,428.77 units
Total performance stock units following April 6, 2026 transaction
TSR PSU target multiplier
200%
Maximum payout vs. target shares for TSR PSUs
TSR performance period end
January 27, 2029
End of three-year performance period for TSR PSUs
Key Terms
restricted stock units, performance stock units, absolute total shareholder return compound annual growth rate, TSR PSUs
4 terms
restricted stock units financial
"Represents 42,668 restricted stock units ("RSUs") granted to Ms. Coyne on April 6, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"This represents Ms. Coyne's performance stock units that will be eligible for vesting"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
TSR PSUs financial
"compound annual growth rate goals ("TSR PSUs") over a three-year performance period"
FAQ
What equity awards did JILL CEO Mary Ellen Coyne receive on April 6, 2026?
Mary Ellen Coyne received 42,668 restricted stock units and 21,334 performance stock units on April 6, 2026. These awards are compensation-related grants, not open-market purchases, and provide potential future shares based on time-vesting and performance conditions.
How do the new restricted stock units for JILL’s CEO vest over time?
The 42,668 restricted stock units granted to JILL’s CEO vest in three equal installments on April 6, 2027, April 6, 2028 and April 6, 2029. Each vested unit converts into one share of J.Jill, Inc. common stock when the vesting date is reached.
What performance goals affect Mary Ellen Coyne’s JILL performance stock units?
The 21,334 performance stock units vest based on absolute total shareholder return compound annual growth rate goals over a three-year period ending January 27, 2029. The number reported reflects the maximum possible payout, equal to 200% of the target share amount.
What does the maximum 21,334 JILL performance stock units represent for the CEO?
The 21,334 performance stock units represent the maximum number of JILL shares that may vest if top performance goals are achieved. This equals 200% of the target level, with actual vesting depending on total shareholder return performance over the defined period.