J.Jill SVP Maria Martinez Withholds 820 Shares for Taxes

What Happened Maria D. Martinez, Senior Vice President and Chief Human Resources Officer of J.Jill, had 819.78 shares withheld on 2026-09-30 to satisfy tax withholding related to the vesting of previously granted restricted stock units (RSUs). The shares were valued at $24.48 each, for a total withholding value of approximately $20,068. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-30; Filing date (Accession): 2026-10-01.
• Withheld shares: 819.78 at $24.48 per share; total value ≈ $20,068.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Shares were withheld to pay taxes on vested RSUs (cashless/tax withholding).
• Timeliness: Filing appears timely (filed the day after the transaction); no late filing flag indicated.

Context Tax-withholding dispositions are routine administrative transactions when equity awards vest and do not necessarily reflect buying or selling intent. In this case, Martinez did not sell shares on the open market—shares were retained by the company/broker to cover tax obligations from RSU vesting.