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Tilly’s (NYSE: TLYS) director gets 15,444-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Aragones Teresa Luna reported acquisition or exercise transactions in this Form 4 filing.

TILLY'S, INC. director Teresa Luna Aragones reported an award of 15,444 shares of Class A Common Stock as a grant of restricted stock. The shares vest in two equal annual installments on each of the succeeding two anniversaries of the grant date. Following this award, she directly holds 119,110 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Aragones Teresa Luna
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 15,444 $0.00 --
Holdings After Transaction: Class A Common Stock — 119,110 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 15,444 shares Class A Common Stock award on grant date
Price per share $0.0000/share Listed transaction price for restricted stock grant
Shares held after grant 119,110 shares Direct Class A Common Stock ownership following award
Vesting schedule 2 equal annual installments On each of the succeeding two anniversaries of grant date
restricted stock financial
"Represents shares of restricted stock, which vest in two equal annual installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"which vest in two equal annual installments on each of the succeeding two anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Aragones Teresa Luna
(Last)(First)(Middle)
C/O TILLY'S INC.
10 WHATNEY
(Street)
IRVINE CALIFORNIA 92618
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
TILLY'S, INC. [ TLYS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/10/2026A15,444(1)A$0119,110D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of restricted stock, which vest in two equal annual installments on each of the succeeding two anniversaries of the grant date.
Remarks:
/s/ Michael L. Henry, Attorney-in-Fact for Teresa Luna Aragones06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did TLYS director Teresa Luna Aragones report?

Teresa Luna Aragones reported receiving a grant of 15,444 shares of Tilly’s Class A Common Stock as restricted stock. The filing lists this as a grant or award acquisition rather than an open-market purchase or sale.

How many TLYS shares does Teresa Luna Aragones hold after this grant?

After the reported grant, Teresa Luna Aragones directly holds 119,110 shares of Tilly’s Class A Common Stock. This total reflects her position immediately following the 15,444-share restricted stock award disclosed in the Form 4.

How does the TLYS restricted stock grant to Teresa Luna Aragones vest?

The 15,444 restricted shares granted to Teresa Luna Aragones vest in two equal annual installments. Vesting occurs on each of the succeeding two anniversaries of the grant date, according to the footnote in the Form 4 filing.

Was the TLYS insider transaction a market buy or sell of shares?

The transaction was not a market buy or sell. It is coded as “A” for grant, award, or other acquisition, meaning the 15,444 shares were awarded as restricted stock rather than purchased or sold in the open market.

What price per share is shown for the TLYS restricted stock grant?

The Form 4 lists a transaction price per share of $0.0000 for the 15,444 restricted shares. This reflects that the shares were received as a grant or award, not acquired through a cash purchase transaction.