[Form 4] J.Jill, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kilroy Realty Corp. (NYSE: KRC) – Insider Form 4 filing dated 07/09/2025

Executive Vice President & Chief Leasing Officer A. Robert Paratte reported routine equity accruals tied to previously granted awards:

• Common stock: 384.0617 shares credited at $0, lifting his direct holdings to 87,560.8592 shares.
• Restricted Stock Units (derivative): 447.6106 RSUs and 423.759 RSUs added, both priced at $0 under dividend-equivalent provisions of the 2006 Incentive Award Plan.
• Post-transaction derivative balances: 57,667.5507 and 58,091.3097 RSUs, respectively.

The RSUs relate to multi-year performance unit awards (2023–2025 and 2024–2026 cycles) and remain subject to time-based vesting. No open-market buys or sales occurred, and the filing does not affect KRC’s capital structure. While the additional equity modestly increases insider alignment, the size (<1% of total holdings) suggests limited market impact.

Positive

• Executive ownership increases by 384 common shares and 871 RSUs, modestly strengthening management–shareholder alignment.

Negative

• None.

Insights

Securities Analyst

TL;DR – Routine dividend-equivalent RSUs; neutral market impact.

The Form 4 shows Mr. Paratte added roughly 384 shares and 871 RSUs at no cost, tied to existing performance awards. No cash outlay, no sale—merely automatic accrual from the company’s dividend policy. His aggregate direct share count rose to about 87.6k, a fractional change relative to KRC’s 117 m diluted shares outstanding. Such filings are common for REIT executives and do not signal incremental bullishness or fundamentals change. I classify the disclosure as neutral for investors.

Corporate Governance Expert

TL;DR – Adds to equity alignment; governance-neutral.

The additional RSUs stem from the board-approved 2006 Incentive Plan and reflect dividend-equivalent rights that maintain parity between cash dividends and equity awards. Because the units still require time-based vesting, they continue to function as retention tools without immediate dilution. No red flags on compliance; power-of-attorney signature is routine. Impact: not material.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Milano Shelley B

(Last) (First) (Middle)

C/O J.JILL, INC.

4 BATTERYMARCH PARK

(Street)

QUINCY MA 02169

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
J.Jill, Inc. [ JILL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/09/2025		J(1)		26.55(1)	A	$0	18,341.96	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On July 9, 2025, J.Jill, Inc. paid a cash dividend of $0.08 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, June 25, 2025. 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.

	/s/ Kathleen Stevens, Attorney-in-Fact	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many KRC common shares did EVP A. Robert Paratte acquire on 07/09/2025?

He was credited 384.0617 shares of common stock at $0 under dividend-equivalent provisions.

What are the details of the new Restricted Stock Units reported in the Form 4?

Two RSU credits were logged: 447.6106 units (2023–2025 award) and 423.759 units (2024–2026 award), both at $0 cost.

Did the executive purchase KRC shares on the open market?

No. The shares and RSUs were automatic, zero-cost credits tied to dividend-equivalent rights, not open-market transactions.

What is EVP Paratte’s total direct share ownership after the transaction?

He now directly holds 87,560.8592 KRC common shares.

Are the newly credited RSUs immediately vested?

No. They remain subject to time-based vesting aligned with the underlying performance unit awards.

Does this Form 4 signal a change in Kilroy Realty’s financial outlook?

The filing is administrative; it does not provide any new information on KRC’s operations or outlook.