J.Jill director updates holdings after dividend adjustment
J.Jill, Inc. director Rahamim Michael reported updated equity holdings following a corporate action tied to a cash dividend.
Rhea-AI Filing Summary
J.Jill, Inc. director Rahamim Michael reported updated equity holdings following a corporate action tied to a cash dividend. On July 8, 2026, the company paid a $0.09 per share cash dividend on its outstanding common stock, with a record date of June 24, 2026. Under agreements governing his restricted stock units, Michael received additional equity reflected as a 47.33-share non-derivative entry, leaving him with 380,890.72 common shares held directly and 6,258 shares held indirectly through his wife. The additional units follow the same vesting and settlement conditions as the underlying awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 47.33 shares
Other
2 txns
Insider
Rahamim Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 47.33 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 380,890.72 shares (Direct);
Common Stock — 6,258 shares (Indirect, By wife)
Footnotes (1)
- F1. On July 8, 2026, J.Jill, Inc. paid a cash dividend of $0.09 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 24, 2026. 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.
Key Figures
Cash dividend per share: $0.09 per share
Non-derivative transaction shares: 47.33 shares
Direct common shares after transaction: 380,890.72 shares
+3 more
6 metrics
Cash dividend per share
$0.09 per share
Cash dividend on outstanding common stock paid on July 8, 2026
Non-derivative transaction shares
47.33 shares
Other acquisition or disposition coded J at $0.00 per share
Direct common shares after transaction
380,890.72 shares
Total common stock held directly by Rahamim Michael following the reported entries
Indirect common shares by wife
6,258 shares
Common stock held indirectly through wife as of the holding entry
Dividend payment date
July 8, 2026
Date J.Jill paid the $0.09 per share cash dividend
Dividend record date
June 24, 2026
Record date for holders entitled to the cash dividend
Key Terms
restricted stock units, record date, cash dividend, vesting and settlement
4 terms
restricted stock units financial
"Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
record date financial
"The dividend was payable to all holders of Common Stock on the record date, June 24, 2026."
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
cash dividend financial
"paid a cash dividend of $0.09 per share on each share of its outstanding common stock"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
vesting and settlement financial
"These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units"
FAQ
What did JILL director Rahamim Michael report in this Form 4 filing?
Director Rahamim Michael reported updated holdings in J.Jill, Inc. common stock, including a 47.33-share non-derivative adjustment and total direct holdings of 380,890.72 shares plus indirect holdings of 6,258 shares by his wife.
What cash dividend did J.Jill (JILL) pay that affected Rahamim Michael’s equity awards?
On July 8, 2026, J.Jill paid a cash dividend of $0.09 per share on its outstanding common stock to holders of record as of June 24, 2026, triggering additional restricted stock units for Michael under his award agreements.
Are the additional units reported by Rahamim Michael in JILL subject to vesting conditions?
Yes. The footnote explains that the additional restricted stock units received due to the $0.09 cash dividend are subject to the same vesting and settlement conditions as the underlying restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
