RSU dividend credits modestly lift J.Jill (JILL) director holdings
Rhea-AI Filing Summary
J.Jill, Inc. director Michael Rahamim reported routine updates to his share holdings. A Form 4 entry shows an "other" transaction of 56.49 shares of common stock at a price of $0.00 per share, bringing his directly held common stock to 380,843.39 shares. A separate line reflects 6,258 shares of common stock held indirectly by his wife.
According to a footnote, on April 28, 2026 J.Jill paid a $0.09 per-share cash dividend to all common stockholders of record as of April 14, 2026. Under the agreements governing his restricted stock units, Rahamim received additional RSUs as dividend equivalents, subject to the same vesting and settlement conditions as the original awards. These adjustments are compensation-related and do not reflect open-market buying or selling.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 56.49 shares
Net Buy
2 txns
Insider
Rahamim Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 56.49 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 380,843.39 shares (Direct);
Common Stock — 6,258 shares (Indirect, By wife)
Footnotes (1)
- F1. 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.
Key Figures
RSU-related shares: 56.49 shares
Direct holdings after transaction: 380,843.39 shares
Indirect holdings: 6,258 shares
+1 more
4 metrics
RSU-related shares
56.49 shares
Other transaction on April 28, 2026 at $0.00 per share
Direct holdings after transaction
380,843.39 shares
Common stock directly held by Michael Rahamim after Form 4
Indirect holdings
6,258 shares
Common stock held indirectly by wife after Form 4
Cash dividend per share
$0.09 per share
Dividend paid April 28, 2026 on outstanding common stock
Key Terms
restricted stock units, cash dividend, record date, 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.
Common Stock financial
"on each share of its outstanding common stock, par value $0.01 per share ("Common Stock")"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did J.Jill (JILL) director Michael Rahamim report?
Michael Rahamim reported an administrative adjustment of 56.49 J.Jill common shares tied to his restricted stock units, plus updated totals of 380,843.39 directly held shares and 6,258 shares held indirectly by his wife, with no open-market buying or selling disclosed.
What dividend did J.Jill (JILL) pay that affected Rahamim’s RSUs?
J.Jill paid a cash dividend of $0.09 per share on April 28, 2026 to all common stockholders of record on April 14, 2026. Under his RSU agreements, this dividend generated additional restricted stock units for Rahamim as dividend equivalents, subject to existing vesting terms.
Was the J.Jill (JILL) Form 4 a stock purchase or sale by the director?
The Form 4 does not show an open-market stock purchase or sale by the director. It records an “other” transaction of 56.49 shares at $0.00 per share, arising from RSU-related adjustments linked to a cash dividend, plus an update to indirect holdings by his wife.
Why did Michael Rahamim receive additional J.Jill (JILL) restricted stock units?
He received additional restricted stock units because his RSU agreements provide for dividend equivalents when J.Jill pays cash dividends. The $0.09 per-share dividend on April 28, 2026 triggered extra RSUs, which carry the same vesting and settlement conditions as the original awards.