Director at J.Jill (NYSE: JILL) receives 8,285 RSU stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rahamim Michael reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. director Michael Rahamim received a grant of 8,285 restricted stock units (RSUs) tied to J.Jill common stock. The award is compensation, with no cash paid by Rahamim for the shares.
These RSUs will vest into an equal number of J.Jill shares on the earlier of April 6, 2027 or the closing of a change in control of the company, and each vested unit will be settled in shares within 10 days of vesting. After this grant, Rahamim holds 380,786.9 J.Jill shares directly, and an additional 6,258 shares are held indirectly through his wife, indicating the grant is small relative to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rahamim Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,285 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 380,786.9 shares (Direct);
Common Stock — 6,258 shares (Indirect, By wife)
Footnotes (1)
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Key Figures
RSU grant size: 8,285 units
Grant price: $0.00 per share
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
Grant price
$0.00 per share
Reported transaction price for RSU-related common stock
Vesting date
April 6, 2027
RSUs vest earlier of this date or a change in control
Direct holdings after grant
380,786.9 shares
J.Jill common stock held directly by Rahamim post-transaction
Indirect holdings by wife
6,258 shares
J.Jill common stock reported as indirectly owned through spouse
Key Terms
restricted stock units ("RSUs"), change in control, settled within 10 days, indirect ownership
4 terms
restricted stock units ("RSUs") financial
"This grant of restricted stock units ("RSUs") shall vest for an equal number of shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"on the earlier of (x) April 6, 2027 or (y) the date of the consummation of a change in control"
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.
settled within 10 days financial
"Each RSU shall be settled within 10 days following the vesting date"
indirect ownership financial
"total_shares_following_transaction": "6258.0000", "direct_or_indirect": "I""
FAQ
What insider transaction did JILL director Michael Rahamim report?
Director Michael Rahamim reported receiving 8,285 restricted stock units in J.Jill, Inc. as a stock grant. These RSUs represent deferred equity compensation and will convert into common shares once they vest under the grant’s terms.
When do Michael Rahamim’s 8,285 JILL RSUs vest?
The 8,285 restricted stock units vest into J.Jill common shares on the earlier of April 6, 2027 or the completion of a change in control. Once vesting occurs, each RSU is settled in stock within 10 days.
What does “indirect ownership by wife” mean in the JILL Form 4?
“Indirect ownership by wife” indicates 6,258 J.Jill shares are legally held in Rahamim’s spouse’s name. The shares are reported for transparency, but they are not owned directly by the director, reflecting a separate, related holder.