Webb Mark W. 4

What Happened

• Mark W. Webb, EVP, Chief Financial Officer and Chief Operating Officer of J.Jill, was granted equity awards on April 6, 2026. The filing reports 24,327 restricted stock units (RSUs) and 12,163 performance stock units (TSR PSUs). Both grants show an acquisition price of $0.00 (these are awards, not purchases), so no cash changed hands at grant.

Key Details

• Transaction date: April 6, 2026; Form 4 filed April 8, 2026 (filed within typical 2-business-day window).
• Reported amounts: 24,327 RSUs (non-derivative award) and 12,163 TSR PSUs (derivative/performance award). Price reported: $0.00; reported value $0 at grant.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes:
  • F1: The 24,327 RSUs vest in three equal installments on April 6 of 2027, 2028 and 2029 (each installment converts to common stock).
  • F2: The 12,163 TSR PSUs are performance-based and represent the maximum number of shares eligible to vest (they may pay out from 0% up to 200% of target depending on total shareholder return over a three-year performance period ending Jan 27, 2029).

Context

• These are equity compensation awards (A = award/grant), common for executives as retention and performance incentives; they are not open-market purchases or sales and do not generate immediate proceeds for the insider.
• The TSR PSUs are contingent on performance metrics and may result in fewer (or no) shares if performance targets aren’t met; the RSUs are time-based and vest over three years.