[Form 4] J.Jill, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Chun Courtnee A, a director of J.Jill, Inc. (JILL), reported on Form 4 that on 10/01/2025 she received additional restricted stock units as a result of a company cash dividend of $0.08 per share. The dividend was payable to holders of common stock with record date 9/17/2025. The newly issued units were received under the terms of the agreements governing the filer’s existing restricted stock units and are subject to the same vesting and settlement conditions as those underlying units. The Form 4 shows the acquisition coded as J and records beneficial ownership following the transaction as 6,351.11 shares/units. The filing was signed on 10/03/2025 by an attorney-in-fact.
Positive
- None.
Negative
- None.
Insights
Director received additional RSUs tied to a company dividend on 10/01/2025.
The report documents an in-kind issuance of additional restricted stock units due to the $0.08 per share cash dividend, which preserves the filer’s existing vesting and settlement terms. Such dividend-related adjustments to equity awards are governed by award agreements and are typically mechanical rather than discretionary.
This action does not indicate a change in director compensation policy in the filing itself; it simply records the administrative effect of the dividend on outstanding restricted awards.
Dividend created additional RSUs; units remain subject to original vesting.
The explanation confirms the company paid a $0.08 per-share cash dividend with record date 9/17/2025, and the filer received additional restricted stock units rather than cash for those awards. The filing shows the acquisition coded J and lists ownership thereafter as 6,351.11 units.
For financial reporting, the issuance of additional units tied to a dividend is an equity adjustment reflected under the terms of the awards; the filing does not disclose any change to vesting schedules or cash payouts.