JILL insider credited 176.5 RSUs and 25.14 PSUs post $0.08 payout
Rhea-AI Filing Summary
J.Jill, Inc. (JILL) — Form 4 insider update: Following the company’s $0.08 per-share cash dividend paid on October 1, 2025 to holders of record on September 17, 2025, the reporting officer was credited dividend-equivalent equity awards. The filing reports the acquisition of 176.5 units at no cost, bringing direct beneficial ownership to 40,330.84. These include 172.97 restricted stock units and 3.53 performance stock units earned based on an Adjusted EBITDA threshold.
The report also shows an acquisition of 25.14 performance stock units at no cost. These TSR-linked PSUs are eligible for vesting based on absolute total shareholder return growth goals and settle in one share of common stock per vested unit.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 25.14 | $0.00 | -- |
| Other | Common Stock | 176.5 | $0.00 | -- |
Footnotes (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. This represents 172.97 restricted stock units and 3.53 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold. This represents Ms. Martinez's performance stock units that will be eligible for vesting based on achievement of absolute total shareholder return compound annual growth rate goals ("TSR PSUs") and settlement as the underlying performance stock units to which they relate. Each TSR PSU represents the contingent right to receive, upon vesting, one share of Common Stock and the number of TSR PSUs reported represents the maximum possible number of shares of Common Stock that are eligible for vesting.
FAQ
What did J.Jill (JILL) disclose in this Form 4?
What triggered the additional RSUs and PSUs for JILL’s officer?
What are the components of the 176.5 units reported?
What are the terms of the 25.14 performance stock units?
Was there any cash exchanged in these transactions?