O'Connor Courtney 4

What Happened Courtney O'Connor, SVP and Chief Merchandising Officer of J.Jill, was awarded 10,543 restricted stock units (RSUs) and 5,271 performance stock units (PSUs) on April 6, 2026. The grants were recorded at $0.00 per share (standard for compensation awards). The RSUs vest in three equal annual installments on April 6 of 2027, 2028 and 2029. The PSUs are tied to absolute total shareholder return (TSR) performance over a three‑year period ending January 27, 2029; the reported 5,271 PSUs represent the maximum possible payout (200% of target), with each vested PSU converting to one share of common stock upon payout.

Key Details

• Transaction date: April 6, 2026; Filing date: April 8, 2026 (filed within typical SEC timing windows).
• Consideration: $0.00 per share (award/grant).
• RSUs: 10,543 granted; vest in equal installments on Apr 6, 2027, 2028, 2029 (see footnote F1).
• PSUs (derivative): 5,271 reported as maximum possible shares subject to TSR goals through Jan 27, 2029; 200% of target payout at maximum (see footnote F2).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing code: A = Award/Grant; derivative award noted for the PSUs.
• Remarks: Officer role listed as SVP, Chief Merchandising Officer.

Context These are compensation awards, not open‑market purchases or sales. RSUs are time‑based retention awards that convert into shares if the recipient remains employed through vesting dates. PSUs are conditional — they only result in shares if performance targets are met, so the reported PSU count reflects the maximum potential payout rather than guaranteed shares. Such grants are common for executive pay and don’t by themselves signal a buying or selling intent.