J.Jill (NYSE: JILL) director receives 8,285 RSUs vesting by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rao Jyothi reported acquisition or exercise transactions in this Form 4 filing.
J.Jill, Inc. director Jyothi Rao received an equity grant of 8,285 shares of common stock as a restricted stock unit (RSU) award. The RSUs vest for an equal number of shares on the earlier of April 6, 2027 or a change in control of J.Jill, Inc. After this grant, Rao directly holds 28,299.9 shares. The award was granted at no cash cost, reflecting stock-based compensation rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rao Jyothi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,285 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,299.9 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 8,285 shares
Post-grant holdings: 28,299.9 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
8,285 shares
Restricted stock unit award to director on April 6, 2026
Post-grant holdings
28,299.9 shares
Total J.Jill common stock directly held after transaction
Grant price per share
$0.0000 per share
Indicates stock-based compensation, not cash purchase
RSU vesting date
April 6, 2027
Latest possible vesting date absent change in control
Settlement window
10 days
Each RSU settled into common stock within 10 days after vesting
Key Terms
restricted stock units ("RSUs"), change in control, vesting date
3 terms
restricted stock units ("RSUs") financial
"This grant of restricted stock units ("RSUs") shall vest for an equal number of shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"on the earlier of (x) April 6, 2027 or (y) the date of the consummation of a change in control of J.Jill, Inc."
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.
vesting date financial
"Each RSU shall be settled within 10 days following the vesting date."
FAQ
What did JILL director Jyothi Rao report in this Form 4 filing?
Director Jyothi Rao reported receiving an equity grant of 8,285 restricted stock units tied to J.Jill common stock. The award was granted at no cash cost and increases Rao’s direct holdings to 28,299.9 shares, reflecting stock-based compensation rather than market buying.
When do Jyothi Rao’s new JILL restricted stock units vest?
The RSUs granted to Jyothi Rao vest for an equal number of J.Jill common shares on the earlier of April 6, 2027 or the consummation of a change in control. Settlement into shares occurs within 10 days following whichever vesting event happens first.
What triggers early vesting of Jyothi Rao’s JILL RSU award?
Early vesting of the RSUs occurs if there is a change in control of J.Jill, Inc. before April 6, 2027. In that case, the units vest on the change-in-control date, and each RSU is settled into one share of common stock within 10 days.