O'Connor Courtney 4

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.