J.Jill (NYSE: JILL) awards RSUs and TSR PSUs to Maria Martinez
Rhea-AI Filing Summary
MARTINEZ MARIA D. reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. reported that executive Maria D. Martinez received equity awards in the form of restricted stock units and performance stock units. She was granted 10,199 restricted stock units on April 6, 2026, which will vest in three equal installments on April 6, 2027, April 6, 2028, and April 6, 2029, settling in the same number of common shares.
Martinez also received 5,099 performance stock units tied to absolute total shareholder return compound annual growth rate goals over a three-year period ending on January 27, 2029. These performance units represent the maximum possible payout, equal to 200% of the target number of shares, with each vested unit delivering one share of common stock.
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- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 5,099 | $0.00 | -- |
| Grant/Award | Common Stock | 10,199 | $0.00 | -- |
Footnotes (1)
- Represents 10,199 restricted stock units ("RSUs") granted to Ms. Martinez 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. Martinez'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.