J.Jill (JILL) officer has 605 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. officer Maria D. Martinez reported a routine tax-related share disposition. On the vesting of previously granted RSUs, 605.28 shares of common stock were withheld at $11.00 per share to cover associated taxes. Following this withholding, she holds 46,062.04 shares of J.Jill common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARTINEZ MARIA D.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 605.28 | $11.00 | $7K |
Holdings After Transaction:
Common Stock — 46,062.04 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 605.28 shares
Withholding price: $11.00 per share
Shares held after transaction: 46,062.04 shares
3 metrics
Tax-withheld shares
605.28 shares
Withheld for taxes on RSU vesting
Withholding price
$11.00 per share
Value used for tax-withholding disposition
Shares held after transaction
46,062.04 shares
Direct J.Jill common stock holdings post-transaction
Key Terms
RSUs, tax-withholding disposition, Form 4, Common Stock
4 terms
RSUs financial
"vesting of previously granted RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for J.Jill, Inc."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did J.Jill (JILL) report for Maria D. Martinez?
J.Jill reported that officer Maria D. Martinez had 605.28 shares of common stock withheld to pay taxes tied to vesting RSUs at $11.00 per share. This is a tax-withholding disposition, not an open-market stock sale.
Was the J.Jill (JILL) Form 4 transaction an open-market sale?
No, the Form 4 shows no open-market sale. Instead, 605.28 J.Jill common shares were withheld from Maria D. Martinez to satisfy tax obligations related to the vesting of previously granted RSUs, a standard administrative process.
What does the F transaction code mean in the J.Jill (JILL) Form 4?
The F code on the J.Jill Form 4 indicates a tax-withholding disposition. It shows that 605.28 shares were withheld from Maria D. Martinez to pay tax liabilities on vesting RSUs, rather than shares being sold in the open market.