J.Jill director gets dividend-linked RSU adjustment
J.Jill, Inc. director Courtnee A. Chun reported a small adjustment in equity holdings tied to a cash dividend.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 56.49 | $0.00 | $0.00 |
Footnotes (1)
- F1. On April 28, 2026, J.Jill, Inc. paid a cash dividend of $0.09 per share on each share of its outstanding common stock, par value $0.01 per share ("Common Stock"). The dividend was payable to all holders of Common Stock on the record date, April 14, 2026. Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
Key Figures
Key Terms
restricted stock units financial
cash dividend financial
record date financial
Common Stock financial
FAQ
What transaction did JILL director Courtnee A. Chun report on this Form 4?
Why did Courtnee A. Chun receive additional JILL restricted stock units?
What are Courtnee A. Chun’s JILL holdings after this Form 4 transaction?
What dividend did J.Jill, Inc. pay that triggered Chun’s RSU adjustment?
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