J.Jill (NYSE: JILL) director receives extra RSUs from $0.09 dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. director Courtnee A. Chun reported a small adjustment in equity holdings tied to a cash dividend. On April 28, 2026, J.Jill paid a cash dividend of $0.09 per share on its outstanding common stock to holders of record on April 14, 2026.
Under the terms of the agreements governing her restricted stock units, Chun received 56.49 additional restricted stock units as an anti-dilution adjustment related to this dividend. These additional units carry the same vesting and settlement conditions as the original awards. Following the transaction, her reported direct common stock holdings were 14,721.13 shares, indicating a routine, non-market administrative change rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chun Courtnee A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 56.49 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,721.13 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend per share: $0.09 per share
Additional RSUs credited: 56.49 units
Holdings after transaction: 14,721.13 shares
+1 more
4 metrics
Dividend per share
$0.09 per share
Cash dividend on outstanding common stock paid April 28, 2026
Additional RSUs credited
56.49 units
Restricted stock units granted as dividend-related adjustment
Holdings after transaction
14,721.13 shares
Direct common stock ownership following RSU adjustment
Transaction price per share
$0.00
Price for credited restricted stock units under RSU agreement
Key Terms
restricted stock units, cash dividend, record date, Common Stock
4 terms
restricted stock units financial
"Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash dividend financial
"J.Jill, Inc. paid a cash dividend of $0.09 per share"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
record date financial
"The dividend was payable to all holders of Common Stock on the record date, April 14, 2026."
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
Common Stock financial
"each share of its outstanding common stock, par value $0.01 per share ("Common Stock")"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What transaction did JILL director Courtnee A. Chun report on this Form 4?
Courtnee A. Chun reported an administrative equity adjustment involving 56.49 additional restricted stock units. These units were credited under existing award terms following a cash dividend and are subject to the same vesting and settlement conditions as the original restricted stock units.
Why did Courtnee A. Chun receive additional JILL restricted stock units?
Chun received additional restricted stock units because J.Jill, Inc. paid a $0.09 per share cash dividend. Her RSU agreements provide for extra units when dividends are paid, preserving the economic value of her awards without requiring any open-market stock purchase.
What are Courtnee A. Chun’s JILL holdings after this Form 4 transaction?
After the reported adjustment, Chun’s direct common stock holdings stand at 14,721.13 shares. This figure reflects the impact of the 56.49 additional restricted stock units credited due to the cash dividend and represents her updated reported ownership position.
What dividend did J.Jill, Inc. pay that triggered Chun’s RSU adjustment?
J.Jill, Inc. paid a cash dividend of $0.09 per share on its outstanding common stock on April 28, 2026. The dividend was payable to all holders of common stock of record as of April 14, 2026, and it triggered Chun’s RSU adjustment.