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J.Jill, Inc.·4

Apr 15, 5:09 PM ET

Webb Mark W. 4

Research Summary

AI-generated summary

Updated

J.Jill (JILL) CFO/COO Mark Webb Withholds 1,434 Shares for Taxes

What Happened

Mark W. Webb, EVP, CFO & COO of J.Jill, had 1,434.09 shares withheld on April 13, 2026 to satisfy tax withholding related to the vesting of previously granted performance stock units (PSUs). The withholding used an $11.82 per-share value, totaling roughly $16,951. This was a tax-withholding disposition (not an open-market sale or new purchase).

Key Details

  • Transaction date: 2026-04-13; Filing date (Form 4): 2026-04-15.
  • Withheld shares: 1,434.09 at $11.82 per share; aggregate value ≈ $16,951.
  • Transaction type: F (shares withheld to pay tax liability on vested PSUs).
  • Footnote: Shares were withheld from Mr. Webb to pay taxes associated with the vesting of previously granted PSUs.
  • Shares owned after transaction: not specified in the provided filing excerpt.

Context

A withholding to cover taxes on vested PSUs is a routine corporate payroll/tax action and generally does not signal a discretionary sale or purchase decision by the insider. In effect, the company retained shares instead of delivering net shares or cash to satisfy tax obligations.