Coyne Mary Ellen 4

What Happened

• Mary Ellen Coyne, CEO, President and Director of J.Jill, Inc. (JILL), was reported as acquiring 3,069.68 shares on March 17, 2026. The reported acquisition price is $0.00, reflecting an award/settlement of performance-based units rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-17 (Form 4 filed 2026-03-19).
• Transaction code: J (other acquisition or disposition).
• Amount: 3,069.68 shares at $0.00 (no cash paid).
• Shares owned after transaction: not specified in the filing.
• Footnote: These are performance stock units (PSUs) granted May 1, 2025 that were earned because J.Jill met a predetermined Adjusted EBITDA threshold for fiscal 2025; they "will vest and settle" into a like amount of common shares following a service-based vesting period.
• Filing timeliness: Form 4 was filed two days after the reported date (appears timely under normal Form 4 rules).

Context

• These 3,069.68 units are performance-based awards that convert to shares only after required service-based vesting; the $0.00 price reflects award settlement, not a market buy. Such PSU settlements are part of executive compensation and are different from open-market purchases or sales — they indicate pay tied to company performance rather than a direct insider cash investment.