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 March 18, 2024, Mark W. Webb, EVP, CFO & COO of J.Jill, Inc., had 1,762 restricted stock units vest.
- These units were settled for an equal number of J.Jill, Inc. common stock shares.
- Additionally, 784 shares were withheld for the payment of taxes related to the vesting of these restricted stock units at a price of $26.43.
- Following these transactions, Webb directly owns 68,722 shares of J.Jill, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Restricted stock units vested and settled; tax withholding occurred. |
| 03/20/2024 | Date of signature for the Form 4 filing. |
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