J.Jill (JILL) CFO Mark Webb Reports New Stock and PSU Awards
Rhea-AI Filing Summary
J.Jill, Inc. executive Mark W. Webb, EVP, CFO & COO, reported acquiring additional equity-linked interests in the company. On January 7, 2026, he acquired 408.11 shares of Common Stock at a price of $0 per share, bringing his directly owned Common Stock to 167,206.09 shares after the transaction. The filing explains that J.Jill paid a $0.08 per share cash dividend on that date, and under the terms of his restricted stock unit agreements he received additional restricted stock units in connection with the dividend and performance achievement.
Webb also acquired 149.53 Performance Stock Units at $0, increasing his directly held derivative awards to 29,870.54 Performance Stock Units. Footnotes state that these amounts reflect 367.20 restricted stock units and 40.91 performance stock units earned based on achieving a predetermined Adjusted EBITDA threshold, as well as TSR-based performance stock units that can vest into one share of Common Stock each if total shareholder return goals are met.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 149.53 | $0.00 | -- |
| Other | Common Stock | 408.11 | $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 367.20 restricted stock units and 40.91 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold. 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") 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 activity did J.Jill (JILL) report for Mark W. Webb on January 7, 2026?
Mark W. Webb, J.Jill’s EVP, CFO & COO, reported acquiring 408.11 shares of Common Stock and 149.53 Performance Stock Units on January 7, 2026, both at a price of $0 per unit.
How many J.Jill performance stock units does Mark W. Webb hold after the reported grant?
After acquiring 149.53 Performance Stock Units, Mark W. Webb holds a total of 29,870.54 Performance Stock Units, each representing a contingent right to receive one share of Common Stock upon vesting, subject to performance conditions.
What dividend did J.Jill (JILL) pay that led to additional restricted stock units for Mark W. Webb?
On January 7, 2026, J.Jill paid a cash dividend of $0.08 per share on each share of its outstanding Common Stock to holders of record on December 24, 2025, which resulted in additional restricted stock units being credited to Mark W. Webb under his award agreements.
What performance conditions are tied to the new J.Jill restricted and performance stock units?
The filing notes that 367.20 restricted stock units and 40.91 performance stock units were earned based on J.Jill achieving a predetermined Adjusted EBITDA threshold. It also describes TSR performance stock units that may vest based on absolute total shareholder return compound annual growth rate goals, with each vested unit settling into one share of Common Stock.
Were the additional J.Jill equity awards to Mark W. Webb granted for cash consideration?
No. The Form 4 shows that both the 408.11 Common Stock shares and 149.53 Performance Stock Units were acquired at a price of $0 per unit, reflecting adjustments from dividend and performance provisions in his existing award agreements.