Form 4: Ross Stores Director Acquires Shares

Ross Stores Director Sharon D. Garrett acquired 896 shares of common stock under the company's Equity Incentive Plan.

Summary

• Director Sharon D. Garrett acquired 896 shares of Ross Stores, Inc. common stock on May 21, 2026.
• These shares were issued under the 2026 Equity Incentive Plan.
• The acquisition was made at a price of $0, indicating a grant or award.
• Following this transaction, Garrett beneficially owns 3,467 shares directly.
• An additional 213,705 shares are held indirectly through the Sharon D. Garrett Living Trust.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, indicating director participation in equity incentives, which is standard practice.

Positives

• Director acquisition of shares signals confidence in the company.
• Shares acquired under an incentive plan suggest alignment of management interests with shareholders.
• The acquisition price of $0 indicates a non-cash award, likely a form of compensation or incentive.

Future Outlook

The acquired shares are subject to a vesting schedule, with one-third vesting on May 27, 2027, another third on May 26, 2028, and the final third on May 25, 2029.

Industry Context

StockSavvy.ai notes that director share acquisitions, particularly under incentive plans, are common within the retail sector as a mechanism to retain talent and align executive interests with long-term company performance.

Stakeholder Impact

• Shareholders: The acquisition by a director under an incentive plan can be viewed positively as it aligns director interests with shareholder value creation.
• Employees: The existence of an Equity Incentive Plan suggests a broader framework for employee compensation and motivation.

Next Steps

• Vesting of shares according to the schedule: May 27, 2027; May 26, 2028; May 25, 2029.

Key Dates

Keywords

Form 4, SEC Filing, Ross Stores, ROST, Director, Equity Incentive Plan, Share Acquisition, Beneficial Ownership, Sharon D. Garrett