TILLY'S, INC.·4

Jun 10, 6:01 PM ET

KERR JANET 4

Research Summary

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Updated

Tilly's (TLYS) Director Janet Kerr Receives 15,444 Restricted Shares

What Happened

  • Janet Kerr, a director of Tilly’s, Inc. (TLYS), was granted 15,444 shares of Class A common stock on 2026-06-10. The filing shows an acquisition at $0.00 per share (award of restricted stock).
  • The grant is non-cash (reported value $0 in the transaction table) and represents compensation/award rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-10; Transaction type/code: Award/Grant (A).
  • Shares granted: 15,444; reported acquisition price: $0.00 per share.
  • Vesting: The shares are restricted and vest in two equal annual installments on each of the two anniversaries following the grant date (footnote F1).
  • Ownership vehicle: The shares are held by the Janet Kerr Living Trust U/A DTD 07/16/2004, a revocable living trust of which Ms. Kerr is Trustee (footnote F2).
  • Shares owned after transaction: Not specified in the filing.
  • Filing timeliness: Report filed the same day as the transaction (timely), no late-filing indication.

Context

  • These are restricted stock awards subject to future vesting, so they are not immediately free-trading shares. Director grants like this are typically part of compensation arrangements and do not by themselves indicate a purchase or sale intent.
  • No option exercise, market sale, or 10b5-1 plan is involved in this filing.