Executive O'Connor at J.Jill (JILL) awarded RSUs and TSR PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. reported that executive Courtney O'Connor received new equity awards consisting of restricted stock units and performance stock units. She was granted 10,543 RSUs that convert into the same number of common shares, vesting in three equal installments on April 6, 2027, April 6, 2028 and April 6, 2029.
She also received 5,271 performance stock units, representing the maximum potential payout. These TSR PSUs may vest based on achieving 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 owns 26,913.36 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
O'Connor Courtney
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 5,271 | $0.00 | -- |
| Grant/Award | Common Stock | 10,543 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 5,271 shares (Direct);
Common Stock — 26,913.36 shares (Direct)
Footnotes (1)
- Represents 10,543 restricted stock units ("RSUs") granted to Ms. O'Connor 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. O'Connor'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: 10,543 RSUs
Performance stock units maximum: 5,271 PSUs
Shares held after transaction: 26,913.36 shares
+1 more
4 metrics
Restricted stock units granted
10,543 RSUs
Granted April 6, 2026; vest 2027–2029
Performance stock units maximum
5,271 PSUs
Maximum payout at 200% of target; period ends Jan 27, 2029
Shares held after transaction
26,913.36 shares
Common stock directly owned after April 6, 2026 awards
Performance period length
3 years
TSR PSUs performance period ending January 27, 2029
Key Terms
restricted stock units, performance stock units, total shareholder return compound annual growth rate, TSR PSUs
4 terms
restricted stock units financial
"Represents 10,543 restricted stock units ("RSUs") granted to Ms. O'Connor"
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. O'Connor'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
"goals ("TSR PSUs") over a three-year performance period"
FAQ
What equity awards did Courtney O'Connor receive at J.Jill (JILL)?
Courtney O'Connor received 10,543 restricted stock units and 5,271 performance stock units from J.Jill. The RSUs convert into common shares over time, while the performance units may vest based on total shareholder return goals over a three-year performance period ending January 27, 2029.
How do the new J.Jill (JILL) RSUs for O'Connor vest?
O'Connor’s 10,543 restricted stock units vest in three equal installments. The vesting dates are April 6, 2027, April 6, 2028, and April 6, 2029, each delivering common stock. This creates a multi-year retention and incentive structure tied to her continued service with J.Jill.
What performance goals apply to O'Connor’s TSR PSUs at J.Jill (JILL)?
The 5,271 performance stock units are tied to absolute total shareholder return compound annual growth rate goals. They are eligible to vest over a three-year performance period ending January 27, 2029. Each vested TSR PSU delivers one share of J.Jill common stock upon achievement of the goals.
What is the maximum payout from O'Connor’s J.Jill performance stock units?
The 5,271 TSR PSUs represent the maximum possible number of shares that can vest. This figure equals 200% of the target number of shares, meaning actual vesting could be lower depending on J.Jill’s absolute total shareholder return performance over the three-year period.