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

Corporate Governance Analyst

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.

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)
10/01/2025

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	10/01/2025		J(1)		24.4(1)	A	$0	18,366.37	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 October 1, 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, September 17, 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	10/03/2025
	** 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

What did J.Jill (JILL) report on this Form 4?

The Form 4 reports that director Shelley B. Milano received additional restricted stock units due to a $0.08 per-share cash dividend paid on 10/01/2025 to holders of record on 9/17/2025.

Did the reporting person buy or sell shares in this transaction (JILL)?

No cash purchase or sale was reported; the filing shows issuance of additional restricted stock units (code J(1)) with a $0 per-share price for the units.

How many shares does the reporting person beneficially own after the transaction?

The Form 4 lists beneficial ownership following the reported transaction as 18,366.37 shares.

Are the additional units immediately vested or restricted?

The additional restricted stock units are subject to the same vesting and settlement conditions as the underlying restricted stock units; the filing does not indicate immediate vesting.

What are the key dates disclosed on the Form 4?

Key dates are the record date 9/17/2025 and the dividend payment/transaction date 10/01/2025.