Form 4: J.Jill EVP, CFO & COO Mark Webb Reports Stock Transactions
SEC Form 4 Filing
Mark Webb, EVP, CFO & COO of J.Jill, Inc., reports the vesting and settlement of restricted stock units and associated tax withholding.
Summary
- On July 12, 2024, Mark Webb, the EVP, CFO & COO of J.Jill, Inc., had 3,750 restricted stock units (RSUs) vest.
- These RSUs were settled for 3,750 shares of J.Jill, Inc. common stock.
- Additionally, 1,817.21 shares were withheld for the payment of taxes related to the RSU vesting at a price of $36.65 per share.
- Following these transactions, Mr. Webb directly owns 109,160.7 shares of J.Jill, Inc. common stock.
- He also continues to hold 3,750 derivative securities in the form of restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects routine executive compensation and stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of RSU vesting and stock transactions. |
| 07/16/2024 | Date of signature on the Form 4 filing. |
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