MARTINEZ MARIA D. 4
Research Summary
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J.Jill (JILL) SVP Maria Martinez Receives RSU & PSU Award
What Happened Maria D. Martinez, SVP and Chief Human Resources Officer of J.Jill, Inc. (JILL), received equity awards on April 6, 2026: 10,199 restricted stock units (RSUs) and 5,099 performance stock units (PSUs). Both awards were reported as grants (transaction code A) at $0.00 per share (typical for compensation grants), so the reported acquisition value is $0 on the Form 4.
Key Details
- Transaction date: April 6, 2026; Form 4 filed April 8, 2026 (timely filing).
- Grant terms:
- 10,199 RSUs (F1): vest in equal installments on April 6, 2027, April 6, 2028 and April 6, 2029 for an equal number of shares of common stock.
- 5,099 TSR PSUs (F2, derivative): performance-based units tied to absolute total shareholder return (TSR) over a three-year performance period ending January 27, 2029; 5,099 represents the maximum possible payout (200% of target), and each PSU, if earned, would convert to one share upon vesting.
- Reported price: $0.00 per unit (standard for compensated awards).
- Shares owned after transaction: not disclosed in the Form 4.
- Remarks: Ms. Martinez’s role is SVP, Chief Human Resources Officer.
Context These are compensation awards, not open-market purchases or sales; RSUs provide future shares subject to time-based vesting, while PSUs are contingent on meeting TSR performance goals. Such grants are common for senior executives as part of compensation and do not by themselves signal a personal market view.