Nathan Michael Smith - 26 Feb 2026 Form 4 Insider Report for TILLY'S, INC. (TLYS)

Reporting relationship: The Reporting Person is President and Chief Executive Officer., Director
Issuer ticker: TLYS
Reported as of: 26 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Mar 2026, 18:37:31 UTC
Prior SEC filing: 17 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Michael L. Henry, Attorney-in-Fact for Nathan Michael Smith

Key filing fact

Nathan Michael Smith filed Form 4 for TILLY'S, INC. (TLYS) on 02 Mar 2026.

Key facts

This page summarizes Nathan Michael Smith's Form 4 filing for TILLY'S, INC. (TLYS).
4 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 02 Mar 2026, 18:37.

Change

Previous filing in this sequence was filed on 17 Sep 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002083540 Primary reporting owner

Smith Nathan Michael

Relationship: The Reporting Person is President and Chief Executive Officer., Director
Address: C/O TILLY'S INC., 10 WHATNEY, IRVINE
Signature: /s/ Michael L. Henry, Attorney-in-Fact for Nathan Michael Smith
Signature date: 02 Mar 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TLYS transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: +900,000
Change %
Price: $0.000000
Shares after: 0
Date: 26 Feb 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 900,000
Exercise price: $1.99
Footnotes: F1, F2

TLYS transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +900,000
Change %
Price: $0.000000
Shares after: 900,000
Date: 26 Feb 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 900,000
Exercise price: $1.99
Footnotes: F2

TLYS transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: +900,000
Change %
Price: $0.000000
Shares after: 0
Date: 26 Feb 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 900,000
Exercise price: $1.99
Footnotes: F1, F3

TLYS transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +900,000
Change %
Price: $0.000000
Shares after: 900,000
Date: 26 Feb 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 900,000
Exercise price: $1.99
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The options were canceled by mutual agreement of the reporting person and issuer for no consideration.

Footnote F2

The options vest over four years, with the first 25% of the grant vesting on September 8, 2026, and monthly vestings of 18,750 options thereafter through September 8, 2029, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Footnote F3

Represents an award of performance-based options that will vest upon the satisfaction of both performance and service-based requirements. The options may be earned based upon the performance of the Company's stock price during the applicable performance period through the 10-year life of the option ending on September 8, 2035. The quantity reported represents the maximum quantity of shares subject to the option that may vest and become exercisable. As such, fewer shares subject to the option may ultimately be earned based on actual results over the performance period. The earned portion of the option will satisfy the service-based requirement on August 18, 2026, subject to continued service with the Company.

SEC remarks

The Reporting Person is President and Chief Executive Officer.