ROST.NASDAQRoss Stores, INC

Form 4: Ross Stores Executive Chairman Michael Balmuth Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Michael Balmuth, Executive Chairman of Ross Stores, Inc., reported the disposal of 2,603 shares of common stock on March 31, 2025, to cover tax obligations.

Summary

  • On March 31, 2025, Michael Balmuth, the Executive Chairman of Ross Stores, Inc., disposed of 2,603 shares of common stock.
  • The transaction was executed at a price of $127.79 per share.
  • This disposal was likely to cover tax obligations related to vesting equity.
  • Following the transaction, Balmuth directly owns 71,051 shares of Ross Stores, Inc.
  • 41 shares were acquired on 3/31/2025 pursuant to the issuer's employee stock purchase plan in a transaction exempt under Rule 16b-3.

Sentiment

Score: 5

Explanation: This is a neutral filing, reporting a routine transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by the Executive Chairman of Ross Stores, which is typical for executives who receive stock-based compensation.

Key Dates

DateDescription
03/31/2025Date of stock disposal and acquisition of shares through employee stock purchase plan.
04/02/2025Date of Form 4 filing.

Keywords

Form 4, Ross Stores, ROST, Michael Balmuth, Executive Chairman, Stock Disposal, Beneficial Ownership, Section 16(a)

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