Form 4: Ross Stores CFO Receives Performance Award Shares

Ross Stores' EVP and CFO, William W. Sheehan II, reported the acquisition of shares from a performance award and a subsequent disposition for tax purposes.

Summary

• William W. Sheehan II, EVP, Chief Financial Officer of Ross Stores, Inc. (ROST), reported transactions on March 20, 2026.
• Acquired 2,574 shares of common stock at a price of $0, pursuant to the settlement of a performance award under the 2017 Equity Incentive Plan.
• Disposed of 4,617 shares of common stock at a price of $211.19 per share, likely for tax withholding related to the performance award.
• Following these transactions, Sheehan beneficially owns 36,222 shares of Ross Stores common stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a routine and expected insider transaction related to executive compensation, with the acquisition of performance shares being a positive signal of executive alignment.

Positives

• Executive William W. Sheehan II received 2,574 shares as part of a performance award, indicating achievement of company goals.
• The shares were granted under the 2017 Equity Incentive Plan, aligning executive incentives with long-term shareholder value.

Negatives

• The disposition of 4,617 shares, while likely for tax withholding, reduces the executive's direct ownership.

Industry Context

StockSavvy.ai notes that performance-based equity awards are a standard component of executive compensation packages across the retail industry, designed to align management interests with shareholder returns.

Comparison to Industry Standards

• Performance awards with vesting schedules are a common practice in executive compensation, comparable to structures seen at major retailers like TJX Companies or Burlington Stores, aiming to incentivize long-term performance.

Stakeholder Impact

• Shareholders: The award aligns executive incentives with shareholder value creation, while the tax-related disposition is a minor, routine event.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Next Steps

• Vesting of 772 shares on March 19, 2027.
• Vesting of 1,029 shares on March 17, 2028.

Key Dates

Keywords

Ross Stores, ROST, William W. Sheehan II, CFO, insider trading, Form 4, performance award, equity incentive plan, stock compensation