Coyne Mary Ellen 4
4 · J.Jill, Inc. · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
J.Jill CEO Mary Ellen Coyne Receives Restricted Stock Units
What Happened
Mary Ellen Coyne, CEO, President and a director of J.Jill, Inc. (JILL), acquired a total of 1,705.75 share-equivalents on April 28, 2026. The filing shows two entries: 1,457.36 shares reported as an "other acquisition" (code J) at $0.00 and 248.39 shares reported as a grant/award (code A, derivative) at $0.00. No cash was paid — these represent additional restricted stock units (RSUs) and performance stock units (PSUs), not an open‑market purchase.
Key Details
- Transaction dates: April 28, 2026; Form 4 filed April 30, 2026 (timely filing).
- Reported amounts/prices: 1,457.36 shares @ $0.00 (code J); 248.39 derivative shares @ $0.00 (code A). Total = 1,705.75 share-equivalents.
- Footnote highlights:
- F1: The 1,457.36 units include additional RSUs issued as a result of J.Jill’s $0.09 per-share cash dividend (record date April 14, 2026). These additional units carry the same vesting/settlement terms as the underlying RSUs.
- F2: The 1,457.36 figure breaks down to 1,423.05 restricted stock units plus 34.31 performance stock units earned after meeting a predetermined Adjusted EBITDA target.
- F3: The 248.39 reported are TSR-based PSUs (maximum possible shares eligible for vesting) tied to absolute TSR compound annual growth goals; each TSR PSU can convert to one share if performance conditions are met.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: Filed two days after the transaction date (Apr 30 for Apr 28 activity), which is within standard insider-reporting timing.
Context
These entries are compensation-related and dividend adjustments, not market purchases or sales. Such awards and dividend-credited units are common forms of executive compensation and are subject to vesting and performance conditions; they do not by themselves signal buying or selling intent. The derivative (PSU) amounts represent contingent rights that may convert to shares only if performance goals are met.
Insider Transaction Report
- Other
Common Stock
[F1][F2]2026-04-28+1,457.36→ 213,241.62 total - Award
Performance Stock Units
[F3][F1]2026-04-28+248.39→ 36,677.16 total→ Common Stock (248.39 underlying)
Footnotes (3)
- [F1]On April 28, 2026, J.Jill, Inc. paid a cash dividend of $0.09 per share on each share of its outstanding common stock, par value $0.01 per share ("Common Stock"). The dividend was payable to all holders of Common Stock on the record date, April 14, 2026. Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
- [F2]This represents 1,423.05 restricted stock units and 34.31 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold.
- [F3]This represents Ms. Coyne's performance stock units that will be eligible for vesting based on achievement of absolute total shareholder return compound annual growth rate goals ("TSR PSUs") and settlement as the underlying performance stock units to which they relate. Each TSR PSU represents the contingent right to receive, upon vesting, one share of Common Stock and the number of TSR PSUs reported represents the maximum possible number of shares of Common Stock that are eligible for vesting.