Form 4: Ross Stores Director Sharon D. Garrett Reports Acquisition of Common Stock

Director Sharon D. Garrett reports acquiring 1,293 shares of Ross Stores, Inc. common stock on May 22, 2024, under the 2017 Equity Incentive Plan.

Summary

• On May 22, 2024, Sharon D. Garrett, a director of Ross Stores, Inc., acquired 1,293 shares of common stock.
• The acquisition was made under the terms of the 2017 Equity Incentive Plan.
• The shares were acquired at a price of $0.
• These shares vest in three equal installments: 1/3 on May 27, 2025, 1/3 on May 27, 2026, and 1/3 on May 27, 2027.
• Following the transaction, Garrett directly owns 4,459 shares of common stock.
• Garrett also indirectly owns 210,638 shares through the Sharon D. Garrett Living Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which is neither particularly positive nor negative.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates