J.Jill (JILL) director Andrew Rolfe forfeits unvested stock awards on Board retirement

Q: What insider transaction did J.Jill (JILL) director Andrew Rolfe report?

Andrew Rolfe reported a disposition of 8,341.49 J.Jill common shares back to the company. The filing explains this reflects forfeiture of unvested stock-based awards tied to his retirement from the Board, rather than an open-market sale of shares.

Q: Why were Andrew Rolfe’s J.Jill (JILL) stock awards forfeited?

His stock awards were forfeited because he retired from J.Jill’s Board on June 3, 2026 . The filing states that, as a result of this retirement, all of his unvested stock awards were forfeited, including restricted stock units and related dividend equivalent units.

Q: How many J.Jill (JILL) restricted stock units did Andrew Rolfe forfeit?

Andrew Rolfe forfeited 8,285 unvested restricted stock units . These units were cancelled when he retired from the Board, and the related disposition was reported as a transfer back to the issuer rather than a sale into the public market.

Q: What are the dividend equivalent units mentioned in the J.Jill (JILL) Form 4?

The filing notes that Rolfe forfeited 56.49 unvested dividend equivalent units . These units represent additional share-based credits tied to dividend payments on underlying awards, and they were cancelled along with his unvested restricted stock units at retirement.

Q: How many J.Jill (JILL) shares does Andrew Rolfe hold after this Form 4 transaction?

After the reported disposition, Andrew Rolfe holds 19,342.90 J.Jill common shares directly. This figure reflects his remaining position following the forfeiture of unvested stock-based awards that were cancelled when he retired from the company’s Board.

Q: Was Andrew Rolfe’s J.Jill (JILL) Form 4 transaction an open-market sale?

No, the Form 4 describes a disposition to the issuer tied to forfeiture , not an open-market sale. The shares and units were cancelled because his unvested stock-based awards expired upon his retirement from the Board, with no sale proceeds reported.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

J.Jill, Inc. director Andrew Rolfe reported a disposition of 8,341.49 shares of common stock back to the company. This reflects the forfeiture of 8,285 unvested restricted stock units and 56.49 unvested dividend equivalent units triggered by his retirement from the Board on June 3, 2026. Following this non-market forfeiture, he continues to hold 19,342.90 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rolfe Andrew

Role null

Type	Security	Shares	Price	Value
Disposition	Common Stock	8,341.49	$0.00	--

Holdings After Transaction: Common Stock — 19,342.9 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares disposed to issuer: 8,341.49 shares Unvested RSUs forfeited: 8,285 units Dividend equivalent units forfeited: 56.49 units +1 more

4 metrics

Shares disposed to issuer 8,341.49 shares Common Stock disposition on June 3, 2026

Unvested RSUs forfeited 8,285 units Unvested restricted stock units forfeited at retirement

Dividend equivalent units forfeited 56.49 units Unvested dividend equivalent units forfeited at retirement

Shares held after transaction 19,342.90 shares Direct J.Jill common stock holdings following disposition

Key Terms

Disposition to issuer, restricted stock units, dividend equivalent units, unvested stock awards

4 terms

Disposition to issuer financial

"transaction_code_description: Disposition to issuer"

restricted stock units financial

"including 8,285 unvested restricted stock units and 56.49 unvested dividend"

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.

dividend equivalent units financial

"8,285 unvested restricted stock units and 56.49 unvested dividend equivalent units"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

unvested stock awards financial

"all Mr. Rolfe's unvested stock awards were forfeited, including 8,285 unvested"

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 04:15 PM

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^*

Rolfe Andrew

(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)
06/03/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/03/2026		D		8,341.49⁽¹⁾	D	$0	19,342.9	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Effective June 3, 2026, Mr. Rolfe retired from J.Jill, Inc.'s Board of Directors. As a result, all Mr. Rolfe's unvested stock awards were forfeited, including 8,285 unvested restricted stock units and 56.49 unvested dividend equivalent units.

	/s/ Kathleen Stevens, Attorney-in-Fact	06/05/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did J.Jill (JILL) director Andrew Rolfe report?

Andrew Rolfe reported a disposition of 8,341.49 J.Jill common shares back to the company. The filing explains this reflects forfeiture of unvested stock-based awards tied to his retirement from the Board, rather than an open-market sale of shares.

Why were Andrew Rolfe’s J.Jill (JILL) stock awards forfeited?

His stock awards were forfeited because he retired from J.Jill’s Board on June 3, 2026. The filing states that, as a result of this retirement, all of his unvested stock awards were forfeited, including restricted stock units and related dividend equivalent units.

How many J.Jill (JILL) restricted stock units did Andrew Rolfe forfeit?

Andrew Rolfe forfeited 8,285 unvested restricted stock units. These units were cancelled when he retired from the Board, and the related disposition was reported as a transfer back to the issuer rather than a sale into the public market.

What are the dividend equivalent units mentioned in the J.Jill (JILL) Form 4?

The filing notes that Rolfe forfeited 56.49 unvested dividend equivalent units. These units represent additional share-based credits tied to dividend payments on underlying awards, and they were cancelled along with his unvested restricted stock units at retirement.

How many J.Jill (JILL) shares does Andrew Rolfe hold after this Form 4 transaction?

After the reported disposition, Andrew Rolfe holds 19,342.90 J.Jill common shares directly. This figure reflects his remaining position following the forfeiture of unvested stock-based awards that were cancelled when he retired from the company’s Board.

Was Andrew Rolfe’s J.Jill (JILL) Form 4 transaction an open-market sale?

No, the Form 4 describes a disposition to the issuer tied to forfeiture, not an open-market sale. The shares and units were cancelled because his unvested stock-based awards expired upon his retirement from the Board, with no sale proceeds reported.