J.Jill (NYSE: JILL) executive has 699.73 shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. executive Elliot Staples reported a routine tax-related share disposition. On the vesting of previously granted restricted stock units, 699.73 shares of common stock were withheld at $11.00 per share to cover tax obligations rather than being sold in the open market.
After this withholding, Staples directly holds 33,448.83 shares of J.Jill common stock. The transaction reflects standard tax withholding associated with equity compensation, not a discretionary purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Staples Elliot
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 699.73 | $11.00 | $8K |
Holdings After Transaction:
Common Stock — 33,448.83 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 699.73 shares
Withholding price: $11.00 per share
Shares held after transaction: 33,448.83 shares
3 metrics
Tax-withheld shares
699.73 shares
Withheld to cover taxes on RSU vesting
Withholding price
$11.00 per share
Value used for the tax-withholding disposition
Shares held after transaction
33,448.83 shares
Direct J.Jill common stock holding post-transaction
Key Terms
restricted stock units, tax-withholding disposition, Form 4, common stock
4 terms
restricted stock units financial
"vesting of previously granted RSUs"
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.
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.
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.
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.
FAQ
What insider transaction did J.Jill (JILL) executive Elliot Staples report?
Elliot Staples reported a tax-related share disposition where 699.73 J.Jill common shares were withheld at $11.00 per share. These shares covered taxes from vesting restricted stock units, rather than representing an open-market sale or purchase of J.Jill stock.