JOHNSON SETH R 4
Research Summary
AI-generated summary
Tilly's (TLYS) Director Seth R. Johnson Receives Award of 15,444 Shares
What Happened
- Seth R. Johnson, a director of Tilly's, Inc. (TLYS), received an award of 15,444 shares of restricted stock on 2026-06-10. The Form 4 reports the acquisition as an award/grant (code A) at $0.00 per share (total $0 reported).
Key Details
- Transaction date: 2026-06-10
- Transaction type: Award / Restricted stock grant (Form 4 code A)
- Shares granted: 15,444 shares @ $0.00 (total $0 as reported)
- Vesting: Footnote F1 — shares are restricted stock that vest in two equal annual installments on each of the two anniversaries following the grant date
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing timeliness: Reported on 2026-06-10, the same date as the transaction (timely)
- No 10b5-1 plan, tax-withholding, or sale noted in the filing excerpt
Context
- This was a compensation award (restricted stock), not an open‑market purchase or sale. Such grants are commonly used for director compensation or retention and typically cannot be sold until they vest. The $0 acquisition price reflects that this was a grant, not a cash purchase — it does not by itself indicate buying or selling sentiment.