Relich Michael 4

What Happened

• Michael Relich, a director of Tilly's, was granted 15,444 shares of restricted stock on 2026-06-10. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant). The filing shows the award but does not report a cash value or market-value conversion in this record.

Key Details

• Transaction date: 2026-06-10; Price per share reported: $0.00; Shares acquired: 15,444 (award)
• Vesting: These are restricted shares that vest in two equal annual installments on each of the next two anniversaries of the grant date (footnote F1).
• Shares owned after the transaction: Not disclosed in the provided filing.
• Timeliness: Filed the same day as the reported transaction (Period of Report = 2026-06-10), so no late filing flag is indicated.
• Transaction code: A (award/grant)

Context

• This was a compensation-related grant of restricted stock, not an open-market purchase or sale. Restricted shares typically vest over time and are different from immediate buys or sales; they don't necessarily indicate near-term trading intent. For retail investors, open-market purchases are often a clearer bullish signal than compensation awards.