Eck Michael A 4
Research Summary
AI-generated summary
J.Jill (JILL) Director Michael A. Eck Receives 8,285 RSU Award
What Happened
- Michael A. Eck, a director of J.Jill, Inc., received a grant of 8,285 restricted stock units (RSUs) on April 6, 2026. The reported acquisition price is $0.00, reflecting an award/compensation grant rather than a purchase. These RSUs are not immediately tradable shares and will convert to common stock only upon vesting.
Key Details
- Transaction date: 2026-04-06. Form filed: 2026-04-08.
- Transaction type/code: Award/Grant (A). Reported acquisition amount: 8,285 RSUs at $0.00.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Each RSU vests for one share on the earlier of (x) April 6, 2027 or (y) the date of a change in control; each RSU will be settled within 10 days following vesting.
- Filing timeliness: Filed within the Form 4 reporting timeframe (no late filing indicated).
Context
- RSUs are compensation awards that convert to common shares only when they vest; until then they generally carry no voting rights or transferable ownership. This grant is a routine compensation event for an insider (director) and does not indicate an immediate open‑market purchase or sale.