J.Jill (JILL) officer Maria Martinez reports new stock and performance unit awards
Rhea-AI Filing Summary
J.Jill, Inc. reported an insider equity update for officer Maria D. Martinez following a dividend-related adjustment and performance awards. On January 7, 2026, she acquired 205.93 shares of common stock at $0 per share, leaving her with 39,735.9 shares of common stock held directly. This reflected additional restricted stock units credited because J.Jill paid a $0.08 per share cash dividend on its common stock to holders of record on December 24, 2025.
Martinez also acquired 29.52 Performance Stock Units at $0, resulting in 4,467.67 performance stock units beneficially owned. The filing explains that 202.26 restricted stock units and 3.67 performance stock units were earned based on achieving a predetermined Adjusted EBITDA threshold, and that certain performance stock units (TSR PSUs) may vest based on absolute total shareholder return compound annual growth rate goals, with each unit representing the right to receive one share of common stock upon vesting.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 29.52 | $0.00 | -- |
| Other | Common Stock | 205.93 | $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 202.26 restricted stock units and 3.67 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold. This represents Ms. Martinez'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.
FAQ
What insider transactions did J.Jill (JILL) report for Maria D. Martinez on January 7, 2026?
On January 7, 2026, Maria D. Martinez acquired 205.93 shares of J.Jill common stock at $0 per share and 29.52 Performance Stock Units at $0. After these transactions, she directly beneficially owned 39,735.9 shares of common stock and 4,467.67 performance stock units.
Why did Maria D. Martinez receive additional J.Jill equity in this Form 4 filing?
The filing states that on January 7, 2026 J.Jill paid a $0.08 per share cash dividend on its common stock to holders of record on December 24, 2025. Under the agreements for her outstanding restricted stock units, this dividend resulted in additional restricted stock units being credited to Martinez, subject to the same vesting and settlement conditions as the underlying awards.
What performance conditions affect Maria D. Martinez’s J.Jill stock units?
The filing explains that 202.26 restricted stock units and 3.67 performance stock units were earned based on J.Jill achieving a predetermined Adjusted EBITDA threshold. It also notes that certain performance stock units (TSR PSUs) will be eligible for vesting based on absolute total shareholder return compound annual growth rate goals, with each TSR PSU representing the right to receive one share of common stock upon vesting.
What dividend details does J.Jill (JILL) disclose in connection with this Form 4?
J.Jill paid a cash dividend of $0.08 per share on each share of its outstanding common stock on January 7, 2026, to all holders of common stock as of the record date of December 24, 2025. This dividend triggered the crediting of additional restricted stock units to Maria D. Martinez under the terms of her award agreements.
Are Maria D. Martinez’s J.Jill holdings reported as directly or indirectly owned?
The Form 4 reports that both the 39,735.9 shares of common stock and the 4,467.67 Performance Stock Units are held with Direct (D) ownership, with no nature of indirect beneficial ownership disclosed.