J.Jill (JILL) insider receives 24.4 RSUs after $0.08 dividend
J.Jill, Inc. insider Michael Rahamim received additional restricted stock units tied to a cash dividend paid on October 1, 2025.
Rhea-AI Filing Summary
J.Jill, Inc. insider Michael Rahamim received additional restricted stock units tied to a cash dividend paid on October 1, 2025. The company paid a cash dividend of $0.08 per share to holders of its common stock, record date September 17, 2025. Under the terms of the reporting person’s outstanding restricted stock units, the dividend generated additional restricted units that carry the same vesting and settlement conditions as the underlying awards. The Form 4 shows the receipt of 24.4 additional units (transaction coded J) listed as an acquisition at $0, and reports beneficial ownership figures of 372,473.37 shares (direct) and 6,258 shares indirectly by spouse.
Positive
- None.
Negative
- None.
Insights
Insider received dividend-related RSUs; no cash purchase or sale.
The Form 4 discloses that on October 1, 2025 the reporting person was issued 24.4 additional restricted stock units as a mechanical adjustment tied to a $0.08 per-share cash dividend. The entry is coded J, indicating issuance due to corporate action rather than a voluntary trade.
This transaction does not reflect a change in economic exposure from a purchase or sale; the additional units remain subject to the same vesting and settlement terms as the underlying awards, so near-term liquidity or control is unchanged.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 24.4 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On October 1, 2025, J.Jill, Inc. paid a cash dividend of $0.08 per share on each share of its outstanding common stock, par value $0.01 per share ("Common Stock"). The dividend was payable to all holders of Common Stock on the record date, September 17, 2025. Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer, the filer received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate.
FAQ
What did the Form 4 filed for J.Jill (JILL) disclose?
Why were additional restricted stock units issued to the insider?
Are the additional units immediately vested and settled?
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