Rolfe Andrew 4

What Happened
Andrew Rolfe, a director of J.Jill, Inc., had 8,341.49 shares (disposed to the issuer) forfeited effective June 3, 2026 upon his retirement. The reported disposition was at $0.00 per share, so no cash changed hands. The amount represents unvested equity awards that were cancelled rather than a market sale.

Key Details

• Transaction date: June 3, 2026 (reported on Form 4 filed June 5, 2026; accession 0001193125-26-259610).
• Transaction type/code: Disposition to issuer (D) — forfeiture of unvested awards.
• Shares affected: 8,341.49 total (8,285 unvested restricted stock units + 56.49 unvested dividend equivalent units, per footnote).
• Price / proceeds: $0.00 per share; total proceeds $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing was submitted within the normal 2-business-day window (timely).
• Footnote: Forfeiture occurred because Mr. Rolfe retired from the Board effective June 3, 2026.

Context
This was a forfeiture of unvested awards tied to board service, not an open-market sale or exercise that would signal buying/selling intent. Forfeitures on termination/retirement are routine and do not provide direct information about the insider’s view of the company’s stock.