Director at J.Jill (NYSE: JILL) receives 8,285-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J.Jill, Inc. director Courtnee A. Chun received a grant of 8,285 restricted stock units tied to the company’s common stock as compensation. After this award, her directly held stake is reported at 14,664.64 shares. The RSUs vest in full on the earlier of April 6, 2027 or a change in control of J.Jill. Each vested unit will convert into one share of common stock within 10 days after vesting, so the economic benefit depends on remaining with the company or a qualifying transaction occurring.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chun Courtnee A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,285 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,664.64 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 8,285 units
Shares after transaction: 14,664.64 shares
Vesting date: April 6, 2027
+2 more
5 metrics
RSU grant size
8,285 units
Restricted stock units awarded to director on April 6, 2026
Shares after transaction
14,664.64 shares
Director’s direct common stock holdings following RSU award
Vesting date
April 6, 2027
RSUs vest on this date or earlier upon change in control
Settlement window
Within 10 days
Each RSU settled into common stock within 10 days after vesting
Grant price
$0.0000 per share
Compensation grant, no cash paid by director
Key Terms
restricted stock units, RSUs, change in control, grant, award, or other acquisition
4 terms
restricted stock units financial
"This grant of restricted stock units ("RSUs") shall vest for an equal number of shares"
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.
RSUs financial
"This grant of restricted stock units ("RSUs") shall vest for an equal number of shares"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
change in control financial
"on the earlier of (x) April 6, 2027 or (y) the date of the consummation of a change in control of J.Jill, Inc."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did J.Jill (JILL) disclose for director Courtnee A. Chun?
J.Jill disclosed that director Courtnee A. Chun received a grant of 8,285 restricted stock units. These RSUs are compensation-based, not an open-market purchase, and will settle into common stock only after vesting under specified conditions tied to tenure or a change in control.
When do Courtnee A. Chun’s 8,285 RSUs at J.Jill (JILL) vest?
The 8,285 restricted stock units vest in full on the earlier of April 6, 2027 or the consummation of a change in control of J.Jill. This single cliff-vesting event determines when the grant converts from units into deliverable common shares.
How will J.Jill (JILL) settle Courtnee A. Chun’s restricted stock units?
Each restricted stock unit will be settled in an equal number of J.Jill common shares within 10 days after the vesting date. Settlement timing is therefore closely tied to either April 6, 2027 or the effective date of any qualifying change in control transaction.