J.Jill (JILL) director Jyothi Rao adds dividend-linked RSU shares
Rhea-AI Filing Summary
J.Jill, Inc. director Jyothi Rao reported a small increase in equity holdings through a Form 4 filing. On January 7, 2026, Rao acquired 28.53 shares of J.Jill common stock (transaction code J) at a reported price of $0.00 per share, bringing total beneficial ownership to 20,014.9 shares, held directly.
According to the footnote, on that date J.Jill paid a cash dividend of $0.08 per share on its outstanding common stock to holders of record on December 24, 2025. Under the agreements governing Rao’s outstanding restricted stock units, this dividend resulted in the grant of additional dividend-equivalent restricted stock units, which are subject to the same vesting and settlement conditions as the original awards.
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FAQ
What did the JILL Form 4 filed by Jyothi Rao report?
The filing reports that director Jyothi Rao acquired 28.53 shares of J.Jill, Inc. common stock on January 7, 2026, coded as transaction type J, with no cash price paid and total beneficial ownership after the transaction of 20,014.9 shares, held directly.
How many J.Jill (JILL) shares does Jyothi Rao own after this Form 4 transaction?
After the reported transaction, Jyothi Rao beneficially owns 20,014.9 shares of J.Jill common stock, according to the Form 4.
Why did Jyothi Rao receive 28.53 additional J.Jill shares at no cost?
The footnote explains that J.Jill paid a $0.08 per share cash dividend on its common stock on January 7, 2026. Under the agreements governing Rao’s outstanding restricted stock units, the dividend resulted in additional dividend-equivalent restricted stock units, which produced the 28.53-share increase at a reported price of $0.00.
What dividend did J.Jill (JILL) pay that led to this Form 4 entry?
On January 7, 2026, J.Jill, Inc. paid a cash dividend of $0.08 per share on each share of its outstanding common stock to holders of record on December 24, 2025, as described in the Form 4 footnote.
What is the nature of the additional equity reported for Jyothi Rao in the JILL Form 4?
The additional equity consists of dividend-equivalent restricted stock units tied to J.Jill common stock. The filing states these additional units are subject to the same vesting and settlement conditions as the underlying restricted stock units already held by Rao.
What is Jyothi Rao’s relationship to J.Jill, Inc.?
The Form 4 indicates that Jyothi Rao is a director of J.Jill, Inc. and is not listed as an officer or 10% owner in the filing.