J.Jill, Inc. (NYSE: JILL) CEO adds dividend-equivalent RSUs and new TSR PSUs
Rhea-AI Filing Summary
Coyne Mary Ellen reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. reported equity compensation changes for CEO & President Mary Ellen Coyne. On July 8, 2026, she received 906.92 additional equity units (878.36 restricted stock units and 28.56 performance stock units) as dividend-equivalent awards tied to a $0.09 per share cash dividend on common stock. She was also granted 208.12 performance stock units that are eligible to vest based on absolute total shareholder return compound annual growth rate goals, with each unit representing the contingent right to receive one share of common stock. Following these updates, she holds 187,384.63 shares of common stock and 36,885.28 performance stock units directly.
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Insights
Routine equity adjustments and performance-based awards for J.Jill's CEO.
CEO Mary Ellen Coyne received 906.92 additional equity units as dividend equivalents after a $0.09 per-share cash dividend on common stock, plus a grant of 208.12 performance stock units. These changes arise from existing award agreements and performance plans rather than open-market trading.
The additional restricted stock units and performance stock units are subject to the same vesting and settlement conditions as the underlying awards, including an Adjusted EBITDA threshold and absolute total shareholder return compound annual growth rate goals. After these transactions on July 8, 2026, she directly holds 187,384.63 common shares and 36,885.28 performance stock units, indicating continued significant equity exposure aligned with shareholder outcomes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 208.12 | $0.00 | -- |
| Other | Common Stock | 906.92 | $0.00 | -- |
Footnotes (1)
- On July 8, 2026, J.Jill, Inc. paid a cash dividend of $0.09 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, June 24, 2026. 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 878.36 restricted stock units and 28.56 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold. 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") 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.