J.Jill (JILL) officer uses 815 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. officer Maria D. Martinez reported a routine tax-related share withholding. On the RSU vesting date, 815.15 shares of common stock were withheld to cover associated taxes, based on a reference price of $15.97 per share. After this non-market disposition, she directly holds 45,460.23 shares.
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 | 815.15 | $15.97 | $13K |
Holdings After Transaction:
Common Stock — 45,460.23 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 815.15 shares
Reference share price: $15.97 per share
Shares held after transaction: 45,460.23 shares
+1 more
4 metrics
Shares withheld for taxes
815.15 shares
Tax withholding on RSU vesting
Reference share price
$15.97 per share
Value used for tax-withholding disposition
Shares held after transaction
45,460.23 shares
Direct ownership after tax withholding
Tax-withholding transactions
1 transaction, 815.15 shares
Form 4 transaction summary for code F
Key Terms
RSUs, tax-withholding disposition, Common Stock, Form 4
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": "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.
Common Stock financial
"security_title": "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
FAQ
What insider transaction did J.Jill (JILL) report for Maria D. Martinez?
J.Jill reported a tax-related share withholding for officer Maria D. Martinez. On the RSU vesting date, 815.15 common shares were withheld to pay taxes, leaving her with 45,460.23 directly held shares in the company.
What does transaction code "F" mean in the J.Jill (JILL) Form 4?
Code "F" indicates shares were used to pay taxes or exercise costs. In this case, 815.15 shares were withheld from Maria D. Martinez to cover tax liabilities tied to vesting restricted stock units, not an open-market purchase or sale.