Coyne Mary Ellen 4

What Happened

• Mary Ellen Coyne, CEO, President and a director of J.Jill, received equity awards on April 6, 2026: 42,668 restricted stock units (RSUs) and 21,334 performance stock units (TSR PSUs). Both grants were reported at $0.00 per share (awards, not purchases), so no cash changed hands at grant.

Key Details

• Transaction date: April 6, 2026; Form 4 filed April 8, 2026 (timely filing).
• RSUs: 42,668 units (F1). Vest in equal installments on April 6 of 2027, 2028 and 2029, converting to common stock upon vesting.
• TSR PSUs (derivative): 21,334 units reported (F2). These are performance-based and pay out based on absolute total shareholder return (TSR) over a three-year period ending January 27, 2029. The reported 21,334 represents the maximum possible payout (200% of target); actual payout could be lower or zero depending on performance.
• Price/value: Reported price $0.00 for both items (award grants).
• Shares owned after the transactions: not specified in the provided filing details.

Context

• These are compensation awards (code A), common for executives; RSUs provide future shares if the executive remains employed until vesting dates, while PSUs depend on performance metrics and may pay out between 0% and 200% of target.
• Awards are not market purchases or sales and should be viewed as compensation, not a direct buy/sell signal.