J.Jill (JILL) CFO granted dividend-linked RSUs and TSR PSUs
Rhea-AI Filing Summary
Webb Mark W. reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. executive Mark W. Webb, EVP, CFO & COO, reported routine equity compensation-related changes. On April 28, 2026, he received 495.13 additional restricted stock units due to a $0.09 per-share cash dividend, representing 447.98 restricted stock units and 47.15 performance stock units earned after J.Jill achieved a predetermined Adjusted EBITDA threshold. He was also granted 235.65 performance stock units tied to absolute total shareholder return goals, each representing a contingent right to one share of common stock upon vesting. Following these transactions, Webb directly holds 179,872.18 shares of common stock and 42,269.19 performance stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 235.65 | $0.00 | -- |
| Other | Common Stock | 495.13 | $0.00 | -- |
Footnotes (1)
- On April 28, 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, April 14, 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 447.98 restricted stock units and 47.15 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.