Staples Elliot 4

What Happened
Elliot Staples, Senior Vice President and Creative Director at J.Jill, had 481.27 restricted stock units (RSU) shares withheld to satisfy tax obligations related to vested RSUs. The withholding was reported as a disposition of 481.27 shares at an imputed price of $14.76 per share, totaling approximately $7,104. This was a tax-withholding event—not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-29; Reporting date (Form 4 filed): 2026-03-31 (timely filing).
• Price used for withholding: $14.76 per share. Total value: ~$7,104.
• Shares withheld/disposed: 481.27 shares (code F — tax withholding).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Shares were withheld from Mr. Staples to pay taxes associated with the vesting of previously granted RSUs (F1).
• Role/remark: Senior Vice President, Creative Director.

Context
Withholding shares to cover taxes upon RSU vesting is a common administrative action and does not necessarily indicate the insider’s view on the company’s prospects. Unlike an open-market sale, these withheld shares are used solely to meet tax liabilities tied to an award. The transaction size here is modest (~$7.1k).