Form 4: J.Jill Inc. Executive Mark W. Webb Reports Stock Transactions
SEC Form 4 Filing
Mark W. Webb, EVP, CFO & COO of J.Jill, Inc., reports the vesting and settlement of restricted stock units and associated tax withholding.
Summary
- On June 17, 2024, Mark W. Webb, EVP, CFO & COO of J.Jill, Inc., had 5,058 restricted stock units (RSUs) vest.
- These RSUs were settled for an equal number of shares of J.Jill, Inc. common stock.
- 2,244 shares were withheld for the payment of taxes related to the vesting of these RSUs at a price of $32.8 per share.
- Following these transactions, Mr. Webb directly owns 109,927.91 shares of J.Jill, Inc. common stock and 5,058 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard compensation practices of the company.
- Employees holding RSUs may be interested in the vesting schedule and tax implications.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of RSU vesting and stock transactions |
| 06/18/2024 | Date of signature on the Form 4 filing |
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