J.Jill (NYSE: JILL) credits Rao with dividend-based restricted stock units

Rhea-AI Filing Summary

J.Jill, Inc. paid a cash dividend of $0.09 per share on its outstanding common stock, with a record date of June 24, 2026. Director Jyothi Rao received 47.33 additional restricted stock units as a dividend-equivalent adjustment, bringing her directly held common stock (including RSUs) to 28,403.72 shares, subject to the original vesting and settlement conditions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rao Jyothi

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	47.33	$0.00	--

Holdings After Transaction: Common Stock — 28,403.72 shares (Direct)

Footnotes (1)

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Key Figures

Cash dividend per share: $0.09 per share Additional RSUs granted: 47.33 shares Total shares after transaction: 28,403.72 shares +1 more

4 metrics

Cash dividend per share $0.09 per share Cash dividend on outstanding common stock paid on July 8, 2026

Additional RSUs granted 47.33 shares Dividend-equivalent restricted stock units credited to Jyothi Rao

Total shares after transaction 28,403.72 shares Directly held J.Jill common stock by Jyothi Rao following the adjustment

Dividend record date June 24, 2026 Record date for determining holders entitled to the $0.09 dividend

Key Terms

restricted stock units, cash dividend, record date

3 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, June 24, 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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/10/2026 - 06:34 PM Accepted by SEC EDGAR 07/10/2026 - 06:34 PM Learn about SEC filing dates

FAQ

What transaction did JILL director Jyothi Rao report on this Form 4?

Director Jyothi Rao reported an "other" transaction involving 47.33 shares of J.Jill common stock. These represent additional restricted stock units granted as a dividend-equivalent adjustment rather than an open-market buy or sell transaction.

Why did Jyothi Rao receive additional restricted stock units from J.Jill (JILL)?

Rao received additional restricted stock units because J.Jill paid a $0.09 per share cash dividend. Under her RSU agreements, cash dividends on common stock result in additional RSUs, which follow the same vesting and settlement terms as the original awards.

How many J.Jill (JILL) shares does Jyothi Rao hold after this Form 4 transaction?

After the reported transaction, Rao holds 28,403.72 shares of J.Jill common stock directly. This total includes the additional 47.33 restricted stock units credited due to the company’s cash dividend paid on July 8, 2026.

What dividend did J.Jill (JILL) pay that triggered additional RSUs for Jyothi Rao?

J.Jill paid a cash dividend of $0.09 per share on its outstanding common stock on July 8, 2026. Because of this dividend, Rao’s RSU agreements provided additional restricted stock units tied to her existing unvested awards.

What was the record date for J.Jill’s $0.09 dividend related to this Form 4?

The record date for J.Jill’s $0.09 per share cash dividend was June 24, 2026. Holders of common stock on that date, including holders of RSUs entitled to dividend equivalents, benefited from the dividend or corresponding RSU adjustments.

Do the new RSUs reported by JILL director Jyothi Rao have different vesting terms?

The new restricted stock units credited to Rao because of the cash dividend are subject to the same vesting and settlement conditions as the underlying RSUs to which they relate, rather than creating a new vesting schedule.

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^*

Rao Jyothi

(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)
07/08/2026

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	07/08/2026		J(1)		47.33(1)	A	$0	28,403.72	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 July 8, 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, June 24, 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	07/10/2026
	** 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)