J.Jill (JILL) officer awarded 90.20 RSUs after $0.08 dividend
Rhea-AI Filing Summary
J.Jill, Inc. officer Courtney O'Connor reported an automatic equity transaction on January 7, 2026. The filing shows the acquisition of 90.20 restricted stock units of J.Jill common stock at a price of $0.00 per unit, bringing O'Connor's beneficial ownership to 16,370.36 shares held directly.
These additional units were granted because J.Jill paid a $0.08 per-share cash dividend on its outstanding common stock to holders of record on December 24, 2025. Under the terms of O'Connor's existing restricted stock unit agreements, the dividend triggered additional units that are subject to the same vesting and settlement conditions. The footnotes also state that the 90.20 units, and zero performance stock units, were earned based on J.Jill achieving a predetermined Adjusted EBITDA threshold.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 90.2 | $0.00 | -- |
Footnotes (1)
- On January 7, 2026, 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, December 24, 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. This represents 90.20 restricted stock units and 0 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold.