J.Jill (NYSE: JILL) director granted 8,285 RSUs vesting by 2027
Rhea-AI Filing Summary
Milano Shelley B reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. director Shelley B. Milano received a grant of 8,285 restricted stock units (RSUs) of common stock as equity compensation. After this award, she holds 26,679.9 shares directly. The RSUs will vest into an equal number of shares on the earlier of April 6, 2027 or a change in control of J.Jill, Inc., and each unit will be settled in shares within 10 days after vesting.
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Insights
Routine director RSU grant adds modest equity exposure for Milano.
Director Shelley B. Milano received 8,285 restricted stock units in J.Jill, Inc., a standard equity compensation grant rather than an open-market purchase. The award increases her direct holdings to 26,679.9 shares, aligning her interests with common shareholders.
The RSUs vest on the earlier of April 6, 2027 or a change in control of J.Jill, Inc., then settle in shares within 10 days. This time-based vesting encourages board continuity and long-term focus. As a non-cash grant, it does not signal a discretionary buy or sell decision.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,285 | $0.00 | $0.00 |
Footnotes (1)
- F1. This grant of restricted stock units ("RSUs") shall vest for an equal number of shares of common stock of J.Jill, Inc. on the earlier of (x) April 6, 2027 or (y) the date of the consummation of a change in control of J.Jill, Inc. Each RSU shall be settled within 10 days following the vesting date.
Key Figures
Key Terms
restricted stock units financial
change in control financial
vest financial
settled financial
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