Cingolani Michael Joseph 4

What Happened
Michael Joseph Cingolani, Chief Merchandising Officer of Tilly's, Inc. (TLYS), sold 11,250 shares in an open-market transaction on June 11, 2026. The weighted average sale price was $5.27 per share, producing gross proceeds of approximately $59,284. This was a sale (not a purchase) and is generally considered a routine disposition rather than a direct bullish signal.

Key Details

• Transaction date: June 11, 2026 (reported on Form 4 filed the same day).
• Transaction type: Open market sale (Code S).
• Shares sold: 11,250; weighted average price: $5.27; total proceeds: ~$59,284.
• Price range: Shares were sold in multiple trades at prices between $5.25 and $5.32 (footnote). The reporting person offers to provide the breakdown by price on request.
• Shares owned after the transaction: Not specified in the information provided in this summary.
• Filing timeliness: Form 4 was filed the same day (timely). No 10b5-1 plan, tax withholding, gift, or exercise notation was indicated in the provided details.

Context
Sales by executives can be routine (diversification, personal liquidity, tax planning) and do not by themselves indicate company performance. For retail investors, purchases typically carry more interpretive weight than single sales. If you want the exact per-trade breakdown within the $5.25–$5.32 range or the insider’s post-transaction holdings, those details can be obtained from the issuer, the filer (per the footnote), or by reviewing the full Form 4 on the SEC EDGAR site.