Form 4: Ross Stores Director Sharon Garrett Acquires 1,179 Shares Under Equity Incentive Plan

Ross Stores, Inc. Director Sharon D. Garrett reported the acquisition of 1,179 shares of common stock through an equity incentive plan, aligning her interests with shareholders.

Summary

• Sharon D. Garrett, a Director of Ross Stores, Inc. (ROST), acquired 1,179 shares of common stock on May 21, 2025.
• These shares were issued under the terms of the 2017 Equity Incentive Plan.
• The acquisition price for these shares was $0, indicating a grant rather than a purchase.
• The shares will vest in three equal installments: 1/3 on May 27, 2026, 1/3 on May 27, 2027, and 1/3 on May 26, 2028.
• Following this transaction, Ms. Garrett directly owns 4,107 shares of common stock.
• Additionally, 212,169 shares are indirectly beneficially owned by the Sharon D. Garrett Living Trust.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates alignment of director's interests with shareholders through an equity grant, which is a standard compensation practice.

Positives

• The acquisition of shares by a director, Sharon D. Garrett, aligns her interests with those of the company's shareholders.
• The grant of shares under an equity incentive plan is a common practice to incentivize and retain key personnel.

Future Outlook

The acquired shares are subject to a vesting schedule, with one-third vesting annually over the next three years, indicating a future commitment and incentive for the director.

Industry Context

This filing is a routine disclosure of insider stock ownership changes, common across all publicly traded companies, and does not provide specific insights into broader retail industry trends or competitive dynamics.

Related Party Transactions

• Shares indirectly held by the Sharon D. Garrett Living Trust are considered a related party holding, representing 212,169 shares of common stock.

Stakeholder Impact

• Shareholders: The grant of shares to a director aligns their financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term shareholder value.
• Employees: While not directly impacting all employees, such grants are part of a broader compensation strategy that can attract and retain talent at the leadership level.

Next Steps

• Vesting of the acquired shares on May 27, 2026.
• Vesting of the acquired shares on May 27, 2027.
• Vesting of the acquired shares on May 26, 2028.

Key Dates

Keywords

Ross Stores, ROST, SEC Form 4, Insider Ownership, Equity Incentive Plan, Director Stock Grant, Beneficial Ownership, Retail Stock