JILL Form 4: Officer credited 77.16 RSUs on $0.08 dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. (JILL) officer reported automatic award of dividend-equivalent restricted stock units tied to a cash dividend. On October 1, 2025, the company paid a $0.08 per share cash dividend; under existing RSU terms, the filer received 77.16 restricted stock units at $0 (code J). These additional units carry the same vesting and settlement conditions as the underlying RSUs.
Following the transaction, the filer beneficially owned 16,280.16 securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Connor Courtney
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 77.16 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,280.16 shares (Direct)
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 77.16 restricted stock units and 0 shares of performance stock units earned based on J.Jill, Inc. achieving a predetermined Adjusted EBITDA threshold.
FAQ
What did JILL’s Form 4 report for the officer?
An automatic award of 77.16 restricted stock units resulting from a $0.08 cash dividend paid on October 1, 2025.
Why were 77.16 RSUs credited to the JILL officer?
They are dividend-equivalent units granted under the RSU agreements due to the $0.08 per share cash dividend.
What price was paid for the reported RSUs on JILL’s Form 4?
The RSUs were acquired at $0 as an automatic dividend-equivalent adjustment (transaction code J).
How many securities did the filer own after the transaction?
The filer beneficially owned 16,280.16 securities directly after the reported transaction.
What are the vesting terms for the additional RSUs?
They are subject to the same vesting and settlement conditions as the underlying RSUs.
What is the filer’s role at J.Jill (JILL)?
The filer is the SVP, Chief Merchandising Officer.
What was the dividend record date for JILL’s cash dividend?
The dividend was payable to holders of record on September 17, 2025.