J.Jill, Inc. (NYSE: JILL) officer receives added RSUs and 30.11 PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O'Connor Courtney reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. officer Courtney O'Connor reported routine equity adjustments on July 8, 2026. She received 153.77 restricted stock units tied to a $0.09 per share cash dividend and an additional 30.11 Performance Stock Units (PSUs) linked to total shareholder return goals. After these changes, she holds 27,250.63 shares of common stock and 5,337.05 PSUs, with the new units subject to the same vesting and settlement conditions as the underlying awards.
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 | 30.11 | $0.00 | -- |
| Other | Common Stock | 153.77 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 5,337.05 shares (Direct, null);
Common Stock — 27,250.63 shares (Direct, null)
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 153.77 restricted stock units and 0 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold. 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") 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.
Key Figures
Cash dividend per share: $0.09 per share
Dividend-related RSUs received: 153.77 units
Performance Stock Units granted: 30.11 units
+3 more
6 metrics
Cash dividend per share
$0.09 per share
Cash dividend on each share of outstanding common stock paid on July 8, 2026
Dividend-related RSUs received
153.77 units
Additional restricted stock units credited due to the $0.09 cash dividend
Performance Stock Units granted
30.11 units
PSUs eligible to vest based on absolute total shareholder return CAGR goals
Common shares after transaction
27,250.63 shares
Direct common stock holdings following the July 8, 2026 transactions
Performance Stock Units after grant
5,337.05 units
Total PSUs held after the July 8, 2026 award
Underlying common shares per PSU grant
30.70 shares
Maximum possible number of common shares underlying the reported TSR PSUs
Key Terms
restricted stock units, Performance Stock Units, Adjusted EBITDA, absolute total shareholder return compound annual growth rate, +1 more
5 terms
restricted stock units financial
"Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer"
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 153.77 restricted stock units and 0 shares of performance stock units earned"
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.
Adjusted EBITDA financial
"earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
TSR PSUs financial
"goals ("TSR PSUs") and settlement as the underlying performance stock units to which they relate"
FAQ
What transactions did JILL officer Courtney O'Connor report on this Form 4?
Courtney O'Connor reported receiving 153.77 restricted stock units from a dividend-related adjustment and 30.11 Performance Stock Units tied to total shareholder return goals, with no open-market buys or sells disclosed.
What are the Performance Stock Units reported by JILL’s Courtney O'Connor?
Courtney O'Connor was granted 30.11 Performance Stock Units eligible to vest based on absolute total shareholder return compound annual growth rate goals, with each unit representing a contingent right to one share of common stock.
How many Performance Stock Units does Courtney O'Connor hold after this Form 4 for JILL?
After the grant, Courtney O'Connor holds 5,337.05 Performance Stock Units, representing the maximum possible number of shares of common stock eligible to vest under these awards.
Did the Form 4 for JILL disclose any open-market stock sales or purchases?
No. The Form 4 shows no open-market purchases or sales; it reports a dividend-related RSU adjustment and a grant of Performance Stock Units as part of equity compensation.