J.Jill (NYSE: JILL) grants stock awards to EVP, CFO & COO Webb
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Webb Mark W. reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. reported new equity awards for EVP, CFO & COO Mark W. Webb. He received 24,327 restricted stock units, which vest in three equal installments on April 6, 2027, April 6, 2028 and April 6, 2029, each settling in common shares.
Webb was also granted 12,163 performance stock units tied to absolute total shareholder return compound annual growth over a three-year period ending January 27, 2029. This PSU figure represents the maximum possible payout, equal to 200% of target. After these awards, he directly holds 183,190.65 common shares and 42,033.54 performance stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Webb Mark W.
Role
EVP, CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 12,163 | $0.00 | -- |
| Grant/Award | Common Stock | 24,327 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 42,033.54 shares (Direct);
Common Stock — 183,190.65 shares (Direct)
Footnotes (1)
- Represents 24,327 restricted stock units ("RSUs") granted to Mr. Webb 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. Webb'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
RSU grant: 24,327 units
Performance stock units grant: 12,163 units
Common shares after award: 183,190.65 shares
+1 more
4 metrics
RSU grant
24,327 units
Restricted stock units granted April 6, 2026; vest annually 2027–2029
Performance stock units grant
12,163 units
Maximum TSR PSUs eligible to vest over period ending January 27, 2029
Common shares after award
183,190.65 shares
Direct common stock holdings following April 6, 2026 grant
PSUs after award
42,033.54 units
Total performance stock units held following April 6, 2026
Key Terms
restricted stock units ("RSUs"), performance stock units, total shareholder return, compound annual growth rate, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents 24,327 restricted stock units ("RSUs") granted to Mr. Webb"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
performance stock units financial
"This represents Mr. Webb'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.
compound annual growth rate financial
"absolute total shareholder return compound annual growth rate goals ("TSR PSUs")"
The compound annual growth rate (CAGR) shows how much an investment or value has grown, on average, each year over a specific period. It considers the effect of growth that compounds or builds upon itself, similar to how interest accumulates in a savings account. Investors use CAGR to compare different investments’ long-term performance and to understand how steady or consistent their growth has been over time.
three-year performance period financial
"over a three-year performance period ending on January 27, 2029"
FAQ
What stock awards did JILL grant to executive Mark W. Webb?
J.Jill granted Mark W. Webb 24,327 restricted stock units and 12,163 performance stock units. The RSUs vest in three equal annual installments, while the PSUs vest based on total shareholder return performance over a defined three-year period ending January 27, 2029.
How do the JILL RSUs granted to Mark W. Webb vest?
The 24,327 RSUs granted to Mark W. Webb 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 common stock, aligning his compensation with long-term shareholder value.
What performance goals apply to JILL’s TSR PSUs for Mark W. Webb?
The performance stock units vest based on J.Jill’s absolute total shareholder return compound annual growth rate over a three-year performance period ending January 27, 2029. Each PSU can convert into one share of common stock, subject to achieving these total shareholder return goals.
Is the 12,163 PSU amount for JILL’s Mark W. Webb a maximum or target award?
The 12,163 performance stock units reported for Mark W. Webb represent the maximum possible shares that may vest. This equals 200% of the target number of shares, meaning actual vesting could be lower depending on J.Jill’s total shareholder return performance.
What role does Mark W. Webb hold at J.Jill (JILL)?
Mark W. Webb serves as J.Jill’s Executive Vice President, Chief Financial Officer and Chief Operating Officer. The reported RSU and PSU grants are part of his equity-based compensation, designed to tie his long-term incentives to the company’s share performance.