Webb Mark W. 4
Research Summary
AI-generated summary
J.Jill (JILL) CFO/COO Mark Webb Withholds 1,529 Shares for Taxes
What Happened
- Mark W. Webb, EVP, Chief Financial Officer & Chief Operating Officer of J.Jill, had 1,529.3 shares (RSUs) withheld to satisfy tax withholding obligations tied to vested RSUs. The shares were recorded at $14.76 per share for a total value of approximately $22,572. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-29; Filing date: 2026-03-31 (filed timely)
- Price used for withholding: $14.76 per share
- Shares withheld/disposed: 1,529.3 shares; reported value ~$22,572
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: F1 — Shares were withheld from Mr. Webb to pay taxes on the vesting of previously granted RSUs
- Transaction type/code: F (payment of tax liability via share withholding), not a sale or purchase
Context
- This was a routine tax-withholding transaction tied to RSU vesting. Withholding shares to cover taxes is common and does not represent an open-market sale or a directional bet on the stock. It should be interpreted as a payroll/tax event rather than an independent investment decision.