Elliot Staples of J.Jill (NYSE: JILL) receives new RSU and TSR PSU awards
Rhea-AI Filing Summary
J.Jill, Inc. reported that officer Elliot Staples received equity awards as part of his compensation. He was granted 11,852 restricted stock units (RSUs) on April 6, 2026, which vest in three equal installments on April 6, 2027, April 6, 2028, and April 6, 2029, each converting into the same number of common shares at no cost to him.
Staples also received 5,926 performance stock units (TSR PSUs), representing the maximum number of common shares that can vest based on achieving absolute total shareholder return compound annual growth rate goals over a three‑year performance period ending January 27, 2029. Each TSR PSU gives a contingent right to one share of common stock if performance conditions are met, with the 5,926 units equal to 200% of the target level.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 5,926 | $0.00 | -- |
| Grant/Award | Common Stock | 11,852 | $0.00 | -- |
Footnotes (1)
- Represents 11,852 restricted stock units ("RSUs") granted to Mr. Staples 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 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") 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.