MARTINEZ MARIA D. 4

What Happened
Maria D. Martinez, Senior Vice President and Chief Human Resources Officer of J.Jill, Inc. (JILL), was recorded as receiving 628.19 performance stock units (PSUs) on March 17, 2026. The transaction is reported as an "other acquisition" (code J) at $0.00 per unit — these PSUs were earned (no cash exchanged) and will convert to an equivalent number of shares of common stock if and when they vest. The filing was made on March 19, 2026.

Key Details

• Transaction date: 2026-03-17; reported acquisition of 628.19 units at $0.00 per unit (code J).
• Filing date: 2026-03-19 (filed two days after the transaction; appears timely).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote (F1): These 628.19 PSUs were granted on April 8, 2025 and were earned because J.Jill met a predetermined Adjusted EBITDA threshold for fiscal 2025; they will vest and be settled into the same number of common shares following a service-based vesting period.
• No immediate sale or cashless exercise reported; this is a performance-based award, not an open-market purchase or sale.

Context
PSUs are a form of compensation tied to company performance and future service; they do not represent immediately tradable shares until vested and settled. Because these units were earned based on a performance metric, their issuance reflects meeting that target for FY2025, but it is a compensation event rather than an insider market buy or sell. Tax withholding requirements and final share settlement will occur at vesting/settlement per the company’s award terms.