Form 4: ROSS STORES Director Sharon Garrett Transfers Shares to Living Trust in Routine Filing

ROSS STORES, INC. Director Sharon D. Garrett reported a transfer of 1,536 shares of common stock from direct ownership to her living trust, maintaining her overall beneficial ownership.

Summary

• Sharon D. Garrett, a Director of ROSS STORES, INC. (ROST), filed a Form 4 reporting changes in her beneficial ownership of company common stock.
• On May 29, 2025, Ms. Garrett disposed of 1,536 shares of common stock directly owned by her.
• Concurrently, 1,536 shares of common stock were acquired by the Sharon D. Garrett Living Trust, an indirect beneficial ownership.
• Both transactions were reported with a price of $0, indicating a non-market transfer, specifically a bona fide gift.
• Following these transactions, Ms. Garrett directly owns 2,571 shares of common stock.
• The Sharon D. Garrett Living Trust indirectly holds 213,705 shares of common stock, reflecting the re-titling of the gifted shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports a routine internal transfer of shares by a director for estate planning purposes, with no impact on the director's total beneficial ownership or the company's operations.

Positives

• The transaction represents a re-titling of shares for estate planning purposes rather than a sale, indicating continued long-term holding by the director.
• The director's overall beneficial ownership in ROSS STORES, INC. remains unchanged, demonstrating continued alignment with shareholder interests.

Negatives

• No negative aspects are identified as this is a routine internal transfer of shares for estate planning and not a market sale.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this Form 4 filing, as it pertains solely to insider share ownership changes.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape within the retail sector.

Related Party Transactions

• A transfer of 1,536 shares of common stock from Sharon D. Garrett's direct ownership to the Sharon D. Garrett Living Trust, which is considered an indirect beneficial ownership for Ms. Garrett.

Stakeholder Impact

• Shareholders: Minimal direct impact as the transaction is an internal re-titling of shares by a director and does not involve a market sale or purchase that would affect share liquidity or price.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider ownership filing.

Key Dates

Keywords

ROSS STORES, ROST, SEC Form 4, Insider Trading, Beneficial Ownership, Director, Stock Transfer, Estate Planning, Common Stock