O'Connor Courtney 4
4 · J.Jill, Inc. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
J.Jill SVP Courtney O'Connor Receives Restricted Stock Units
What Happened
Courtney O'Connor, Senior Vice President and Chief Merchandising Officer of J.Jill, Inc. (JILL), received additional equity awards on July 8, 2026. The filing reports (1) 153.77 restricted stock units (RSUs) credited under a dividend-related adjustment (code J) and (2) 30.11 performance-based TSR PSUs (derivative award, code A). Both were recorded at $0.00 per share (no cash paid).
Key Details
- Transaction dates and prices: July 8, 2026 — 153.77 RSUs acquired @ $0.00 (code J); 30.11 TSR PSUs granted @ $0.00 (code A).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: The 153.77 RSUs resulted from a $0.09 per-share cash dividend; additional RSUs were issued per the RSU agreements and remain subject to the same vesting/settlement conditions as the underlying awards.
- F2: The 153.77 figure represents restricted stock units (and 0 PSUs) tied to an Adjusted EBITDA threshold.
- F3: The 30.11 TSR PSUs are performance stock units tied to absolute total shareholder return (TSR) CAGR goals; each TSR PSU can convert to one share if performance conditions are met and the number reported is the maximum possible.
- Filing timeliness: Reported on July 10, 2026 (two days after the transactions); appears to be filed within the typical Form 4 reporting window.
Context
RSUs are deferred stock awards that convert to shares only if and when they vest; TSR PSUs are contingent on performance targets (here, absolute TSR growth) and represent the potential right to receive shares upon vesting. These entries are awards/adjustments — not open-market purchases or sales — and reflect compensation mechanics (including dividend-related adjustments and performance-based grants) rather than a direct cash investment by the insider.
Insider Transaction Report
- Other
Common Stock
[F1][F2]2026-07-08+153.77→ 27,250.63 total - Award
Performance Stock Units
[F3][F1]2026-07-08+30.11→ 5,337.05 total→ Common Stock (30.7 underlying)
Footnotes (3)
- [F1]On July 8, 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, June 24, 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 153.77 restricted stock units and 0 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold.
- [F3]This represents Ms. O'Connor'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.