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J.Jill (NYSE: JILL) director Rao gets extra RSUs from $0.09 dividend

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

J.Jill, Inc. director Jyothi Rao reported a small adjustment to her equity position tied to a company cash dividend. On April 28, 2026, J.Jill paid a cash dividend of $0.09 per share on its outstanding common stock to holders of record on April 14, 2026. Under the agreements governing her outstanding restricted stock units, Rao received an additional 56.49 restricted stock units as a result of this dividend. These new units carry the same vesting and settlement conditions as the underlying restricted stock units, and following the adjustment she directly holds 28,356.39 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Rao Jyothi
Role null
Type Security Shares Price Value
Other Common Stock 56.49 $0.00 --
Holdings After Transaction: Common Stock — 28,356.39 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Additional RSUs credited 56.49 units Restricted stock units granted due to cash dividend on April 28, 2026
Post-transaction holdings 28,356.39 shares Common stock directly held by Jyothi Rao after adjustment
Cash dividend per share $0.09 per share Dividend on outstanding common stock paid April 28, 2026
Dividend record date April 14, 2026 Holders of record date for $0.09 cash dividend
restricted stock units financial
"Pursuant to the terms of the agreements governing the outstanding restricted stock units held by the filer"
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.
cash dividend financial
"paid a cash dividend of $0.09 per share on each share of its outstanding common stock"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
record date financial
"The dividend was payable to all holders of Common Stock on the record date, April 14, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
Common Stock financial
"each share of its outstanding common stock, par value $0.01 per share ("Common Stock")"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Rao Jyothi
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/28/2026J(1)56.49(1)A$028,356.39D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On April 28, 2026, J.Jill, Inc. paid a cash dividend of $0.09 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, April 14, 2026. 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-Fact04/30/2026
** Signature of Reporting PersonDate
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 Jyothi Rao report?

Jyothi Rao reported a technical adjustment labeled as an "other" transaction. She received 56.49 additional restricted stock units because of a cash dividend, bringing her direct common stock holdings to 28,356.39 shares after the transaction.

Why did Jyothi Rao receive additional restricted stock units at J.Jill (JILL)?

She received extra restricted stock units due to a cash dividend. J.Jill paid a $0.09 per share cash dividend on April 28, 2026, and her RSU agreements granted additional units to mirror that dividend on her unvested awards.

How many additional J.Jill (JILL) shares or units did Jyothi Rao receive?

The filing shows that 56.49 additional restricted stock units were credited. These units relate to her existing restricted stock units and are subject to the same vesting and settlement conditions as the original awards under her compensation agreements.

What is Jyothi Rao’s J.Jill (JILL) common stock holding after this Form 4?

After the reported adjustment, Jyothi Rao directly holds 28,356.39 shares of J.Jill common stock. This figure reflects her position following the crediting of 56.49 additional restricted stock units tied to the company’s April 28, 2026 cash dividend.

What dividend did J.Jill (JILL) pay that affected Jyothi Rao’s RSUs?

J.Jill paid a cash dividend of $0.09 per share on its outstanding common stock on April 28, 2026. The dividend was payable to all common stockholders of record as of April 14, 2026, and triggered additional RSUs under Rao’s award terms.

Are Jyothi Rao’s new J.Jill (JILL) restricted stock units immediately vested?

No, the filing states the additional restricted stock units are subject to the same conditions. They follow the same vesting and settlement terms as the underlying restricted stock units to which they relate, rather than vesting immediately upon being granted.