Coyne Mary Ellen 4
Research Summary
AI-generated summary
J.Jill (JILL) CEO Mary Ellen Coyne Receives Awarded Shares
What Happened
Mary Ellen Coyne, CEO & President and a director of J.Jill, Inc. (JILL), was issued a total of 1,115.04 shares/units on July 8, 2026. The filing shows: 906.92 shares credited under "other acquisition or disposition (J)" at $0.00 and 208.12 derivative performance units granted under "award/ grant (A)" at $0.00. These were not open-market purchases or sales but issuance of restricted and performance stock units tied to compensation and dividend adjustments.
Key Details
- Transaction date: July 8, 2026; filing date: July 10, 2026.
- Prices: all entries reported at $0.00 (awarded/issued, not paid for).
- Breakdown: 906.92 shares from dividend-related unit adjustments; 208.12 represents performance stock units (TSR PSUs) reported as the maximum possible shares.
- Footnote highlights: a $0.09 per-share cash dividend on July 8, 2026 led to additional restricted stock units per the RSU agreements (these extra units carry the same vesting/settlement terms). The 906.92 comprises 878.36 RSUs + 28.56 PSUs earned for achieving an Adjusted EBITDA threshold; the 208.12 are TSR-based PSUs contingent on absolute TSR CAGR goals.
- Shares owned after transaction: not specified in this filing.
- Filing timeliness: filing covers transactions on 7/8 and was submitted on 7/10 (no late-filing flag shown in the provided data).
Context
These entries reflect compensation-related awards and dividend-driven adjustments to outstanding restricted and performance units. The TSR PSUs are contingent awards — they only convert to shares if performance targets are met — and the additional units from the dividend remain subject to the original vesting and settlement conditions. Such awards are routine corporate compensation actions and do not represent an open-market buy or sell by the insider.