J.Jill director Eck gets 28.53 dividend-equivalent shares
J.Jill, Inc. director Michael A. Eck reported a small increase in his equity holdings due to a dividend-related adjustment.
Rhea-AI Filing Summary
J.Jill, Inc. director Michael A. Eck reported a small increase in his equity holdings due to a dividend-related adjustment. On January 7, 2026, J.Jill paid a cash dividend of $0.08 per share on its outstanding common stock to holders of record as of December 24, 2025. Under the terms of his restricted stock unit agreements, Eck received an additional 28.53 shares of common stock at a price of $0 per share as a dividend equivalent. Following this automatic issuance, he beneficially owns 35,606.9 shares of J.Jill common stock in direct form.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 28.53 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
What did J.Jill (JILL) disclose about Michael A. Eck in this Form 4?
The filing shows that director Michael A. Eck received an automatic dividend-related issuance of 28.53 J.Jill common shares, bringing his directly held beneficial ownership to 35,606.9 shares.
What dividend did J.Jill (JILL) pay that triggered this Form 4 entry?
On January 7, 2026, J.Jill paid a cash dividend of $0.08 per share on each share of its outstanding common stock to stockholders of record on December 24, 2025.
Was this J.Jill (JILL) Form 4 transaction a market purchase or sale?
No. The Form 4 reports a transaction coded "J", reflecting an automatic acquisition of shares at $0 per share as a result of the company’s cash dividend and the terms of his restricted stock unit agreements.
Do the additional J.Jill (JILL) restricted stock units have special terms?
The filing states that the new units are subject to the same vesting and settlement conditions as the underlying restricted stock units to which they relate.
AI-generated analysis. How Rhea-AI works. Not financial advice.