Director Michael Eck acquires RSUs from J.Jill dividend

Rhea-AI Filing Summary

Michael A. Eck, a director of J.Jill, Inc. (JILL), reported a non‑cash acquisition on Form 4 related to the company’s $0.08 per‑share cash dividend paid on October 1, 2025 to holders of common stock of record on September 17, 2025. The filing shows a J‑code transaction on 10/01/2025 recording the receipt of 24.4 additional restricted stock units at $0 and reports 35,578.37 shares beneficially owned following the transaction. The explanatory note states the additional restricted stock units were issued under the governing RSU agreements and remain subject to the same vesting and settlement terms as the underlying awards.

Positive

• Received additional RSUs tied to the $0.08 per‑share dividend, issued at $0
• RSUs retain original vesting and settlement terms, preserving existing award conditions

Negative

• None.

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Corporate Governance Lawyer

Form 4 records a dividend‑related issuance of additional RSUs to a director.

The filing documents a non‑cash grant tied to the company’s $0.08 per‑share dividend, using transaction code J, which commonly denotes transactions under Rule 16b‑3 or similar equity adjustments.

The additional restricted stock units are expressly subject to the same vesting and settlement conditions as the underlying awards, meaning their legal treatment follows existing award agreements rather than creating new unvested rights.

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

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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^*

Eck Michael A

(Last) (First) (Middle)

C/O J.JILL, INC.

4 BATTERYMARCH PARK

(Street)

QUINCY MA 02169

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	10/01/2025		J(1)		24.4(1)	A	$0	35,578.37	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. 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.

	/s/ Kathleen Stevens, Attorney-in-Fact	10/03/2025
	** 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.

FAQ

What change did Michael A. Eck report on the Form 4 for J.Jill (JILL)?

The Form 4 reports that on 10/01/2025 the filer acquired 24.4 additional restricted stock units related to the company’s dividend and now beneficially owns 35,578.37 shares following the transaction.

Why were additional restricted stock units issued to the reporting person?

Per the filing, the additional units were issued as a result of the company’s $0.08 per‑share cash dividend paid on 10/01/2025 to holders of record on 09/17/2025.

Do the additional restricted stock units have different vesting terms?

No. The filing states the additional restricted stock units are subject to the same vesting and settlement conditions as the underlying restricted stock units.

What transaction code is used and what does it indicate?

The Form 4 uses transaction code J, indicating the acquisition resulted from a dividend or dividend equivalent under the terms of existing equity awards.

Who signed the Form 4 and when was it signed?

The filing is signed /s/ Kathleen Stevens, Attorney‑in‑Fact and dated 10/03/2025.