Rao Jyothi 4
4 · J.Jill, Inc. · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
J.Jill Director Rao Jyothi Receives 56.49 Shares via Dividend RSU
What Happened Rao Jyothi, a director of J.Jill, Inc. (JILL), was credited with 56.49 shares on April 28, 2026. The shares were reported as an "other acquisition" (code J) at $0.00 — i.e., no cash was paid. The filing shows the shares were issued as additional restricted stock units (RSUs) resulting from a $0.09 per-share cash dividend paid on the company’s outstanding common stock.
Key Details
- Transaction date: April 28, 2026; Form 4 filed April 30, 2026 (appears timely).
- Transaction type/code: Other acquisition (J) — issuance of additional RSUs tied to a dividend.
- Shares acquired: 56.49; price reported: $0.00; transaction value: $0.
- Dividend context: Company paid $0.09 per share to holders of record on April 14, 2026; under RSU agreements, dividend led to issuance of additional RSUs that remain subject to the same vesting/settlement terms as the underlying awards (footnote F1).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
Context These shares were not an open-market purchase but additional RSUs granted as a dividend equivalent; they remain subject to the original RSU vesting and settlement conditions. Such dividend-related issuances are routine and do not by themselves signal insider buying or selling intent.
Insider Transaction Report
- Other
Common Stock
[F1]2026-04-28+56.49→ 28,356.39 total
Footnotes (1)
- [F1]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.