Form 4: J.Jill Inc. CEO Claire Spofford Reports Stock Transactions
SEC Form 4 Filing
Claire Spofford, President & CEO of J.Jill, Inc., reports the vesting and settlement of restricted stock units and subsequent tax withholding.
Summary
- On February 15, 2025, Claire Spofford, the President & CEO of J.Jill, Inc., had 75,000 restricted stock units vest.
- These units were settled for 75,000 shares of J.Jill, Inc. common stock.
- Additionally, 36,563.23 shares were withheld for the payment of taxes related to the vesting at a price of $25.71 per share.
- Following these transactions, Ms. Spofford directly owns 144,446.48 shares of J.Jill, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock ownership, with no inherently positive or negative implications.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | 75,000 restricted stock units vested and were settled for common stock; shares withheld for tax payment. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
J.Jill, Inc., Claire Spofford, restricted stock units, Form 4, beneficial ownership, stock vesting, tax withholding, common stock
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