Dividend-linked RSUs credited to J.Jill (NYSE: JILL) board director

Rhea-AI Filing Summary

J.Jill, Inc. director Shelley B. Milano reported an administrative equity adjustment tied to a cash dividend, not an open-market trade. On April 28, 2026, J.Jill paid a cash dividend of $0.09 per share on its Common Stock, and under the terms of her restricted stock unit (RSU) agreements, she received 56.49 additional RSUs instead of cash. These new units carry the same vesting and settlement conditions as the original RSUs. Following this adjustment, her directly held Common Stock position reported in the filing is 26,736.39 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Milano Shelley B

Role null

Type	Security	Shares	Price	Value
Other	Common Stock	56.49	$0.00	--

Holdings After Transaction: Common Stock — 26,736.39 shares (Direct, null)

Footnotes (1)

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Key Figures

Additional RSUs credited: 56.49 shares Dividend per share: $0.09 per share Holdings after transaction: 26,736.39 shares +1 more

4 metrics

Additional RSUs credited 56.49 shares RSU dividend equivalents on April 28, 2026

Dividend per share $0.09 per share Cash dividend on outstanding Common Stock, April 28, 2026

Holdings after transaction 26,736.39 shares Direct J.Jill Common Stock position after RSU adjustment

Transaction price $0.00 per share Non-market RSU adjustment, no purchase or sale price

Key Terms

restricted stock units, cash dividend, record date, outstanding common stock

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.

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.

record date financial

"The dividend was payable to all holders of Common Stock on the record date, April 14, 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.

outstanding common stock financial

"on each share of its outstanding common stock, par value $0.01 per share"

Outstanding common stock represents the total number of shares of a company's basic ownership that are currently held by all shareholders, including individual investors and institutions. It reflects how many pieces of the company are available to be owned, bought, or sold. This figure matters to investors because it influences the company's stock price, voting power, and how its value is divided among shareholders.

Form 4 Insider Transactions: What Each Field Means →

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 MASSACHUSETTS 02169

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

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

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

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	04/28/2026		J(1)		56.49(1)	A	$0	26,736.39	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 April 28, 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, April 14, 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.

	/s/ Kathleen Stevens, Attorney-in-Fact	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did J.Jill (JILL) director Shelley B. Milano report?

Shelley B. Milano reported an administrative RSU adjustment, not a market trade. She received 56.49 additional restricted stock units due to a cash dividend on J.Jill’s common stock, with these units following the same vesting and settlement terms as her existing RSUs.

How many J.Jill shares does director Shelley B. Milano hold after this Form 4 filing?

After the reported transaction, Shelley B. Milano holds 26,736.39 J.Jill common shares directly. This figure reflects her position following the 56.49 additional restricted stock units credited as a result of the company’s $0.09 per-share cash dividend on April 28, 2026.

Why did Shelley B. Milano receive 56.49 additional RSUs from J.Jill (JILL)?

She received 56.49 additional RSUs because J.Jill paid a $0.09 per-share cash dividend on its common stock. Under her RSU agreements, dividends are credited as additional units rather than cash, keeping the same vesting and settlement conditions as the underlying restricted stock units.

Was the J.Jill (JILL) Form 4 transaction a buy or sell of stock?

The Form 4 does not show a buy or sell in the market. It reports an “other” transaction where 56.49 RSUs were credited to Shelley B. Milano due to a dividend adjustment, reflecting compensation mechanics rather than an open-market purchase or sale of J.Jill shares.

What dividend did J.Jill, Inc. pay that led to this RSU adjustment?

J.Jill, Inc. paid a cash dividend of $0.09 per share on its outstanding common stock on April 28, 2026. Because of this dividend, additional restricted stock units were credited to Shelley B. Milano in line with the terms governing her existing RSU awards.