J.Jill director receives RSUs after $0.08/share dividend on 10/01/2025
Rhea-AI Filing Summary
J.Jill, Inc. director Shelley B. Milano received additional restricted stock units on 10/01/2025 after the company paid a cash dividend of $0.08 per share to holders of its common stock. The dividend was payable to holders of record on 9/17/2025. Under the agreements governing the filer’s existing restricted stock units, the filer was issued additional units that carry the same vesting and settlement terms as the underlying awards. The Form 4 reports the filer’s beneficial ownership following the transaction as 18,366.37 shares (reported on the Form).
Positive
- Cash dividend of $0.08 per share was paid to all holders on 10/01/2025
- Additional restricted stock units issued to the reporting director as a result of the dividend
- New units retain same vesting and settlement terms as the underlying awards, preserving original award structure
Negative
- None.
Insights
Dividend generated in-kind RSU accrual for a director; no cash purchase reported.
The Form 4 discloses that a $0.08 per-share cash dividend paid on 10/01/2025 resulted in additional restricted stock units being issued to the reporting director, consistent with the award agreements. These additional units are subject to the same vesting and settlement conditions as the underlying awards.
This transaction is recorded as an award accrual (code J(1)) with an effective beneficial ownership of 18,366.37 shares after the issuance. The record date of 9/17/2025 is the concrete date tied to the dividend.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 24.4 | $0.00 | -- |
Footnotes (1)
- [object Object]
FAQ
What did J.Jill (JILL) report on this Form 4?
Are the additional units immediately vested or restricted?
What are the key dates disclosed on the Form 4?