Webb Mark W. 4

What Happened
Mark W. Webb, EVP, Chief Financial Officer and Chief Operating Officer of J.Jill, had 4,842.04 shares withheld to satisfy tax withholding related to the vesting of previously granted restricted stock units (RSUs). The withholding occurred on 2026-04-01 at an effective price of $11.46 per share, yielding a reported value of approximately $55,490. This is a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03 (timely filing).
• Shares withheld/disposed: 4,842.04 at $11.46 per share; total value reported ≈ $55,490.
• Shares owned after the transaction: Not specified in the filing.
• Footnote: F1 — Shares were withheld to pay taxes on the vesting of previously granted RSUs.
• Transaction code: F (payment of exercise price or tax liability). No 10b5‑1 plan or other trading plan reported.

Context
Withholding shares to cover taxes on vested RSUs is a common, routine administrative action and does not by itself indicate insider sentiment about the company’s outlook. For retail investors, cashless withholding differs from an open-market sale because the company retains the withheld shares to satisfy tax obligations rather than the insider intentionally selling shares for liquidity.