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.

Insights

Equity Compensation Analyst

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

1 transaction reported

Mixed 1 txn

Insider Milano Shelley B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,285	$0.00	--

Holdings After Transaction: Common Stock — 26,679.9 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 8,285 RSUs Post-transaction holdings: 26,679.9 shares RSU vesting date: April 6, 2027 +1 more

4 metrics

RSU grant size 8,285 RSUs Restricted stock units awarded to director Shelley B. Milano

Post-transaction holdings 26,679.9 shares Direct J.Jill, Inc. common stock held after the grant

RSU vesting date April 6, 2027 Latest vesting date, or earlier upon change in control

Settlement window 10 days Each RSU settled in shares within 10 days after vesting

Key Terms

restricted stock units, change in control, vest, settled

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.

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.

vest financial

"RSUs shall vest for an equal number of shares of common stock"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

settled financial

"Each RSU shall be settled within 10 days following the vesting date"

Form 4 Insider Transactions: What Each Field Means →

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^*

Milano Shelley B

(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)
04/06/2026

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	04/06/2026		A		8,285(1)	A	$0	26,679.9	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. 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.

	/s/ Kathleen Stevens, Attorney-in-Fact	04/08/2026
	** 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)

FAQ

What did JILL director Shelley B. Milano receive in this Form 4 filing?

Director Shelley B. Milano received a grant of 8,285 restricted stock units in J.Jill, Inc. These RSUs represent a form of stock-based compensation that will convert into common shares once vesting conditions are met, increasing her equity stake over time.

When do Shelley B. Milano’s JILL RSUs from this grant vest?

The RSUs vest into an equal number of J.Jill, Inc. common shares on the earlier of April 6, 2027 or the date a change in control of the company is completed. Vesting timing therefore depends on either time-based service or a corporate control event.

How many JILL shares does Shelley B. Milano hold after this RSU award?

Following the reported grant, Shelley B. Milano holds 26,679.9 shares of J.Jill, Inc. common stock directly. This figure reflects her ownership position after the RSU award, highlighting the scale of her equity exposure relative to the new grant size.

Does this JILL Form 4 show a stock purchase or sale by Shelley B. Milano?

The Form 4 reports a grant of restricted stock units to Shelley B. Milano, not an open-market purchase or sale. The transaction code is a grant or award, meaning it is compensation-based and carries no cash buy or sell decision in the market.

How are Shelley B. Milano’s JILL RSUs settled after vesting?

Each restricted stock unit will be settled in J.Jill, Inc. common stock within 10 days after the vesting date. This means that once the vesting condition is satisfied, the company issues actual shares, converting the RSUs into tradeable equity for the director.