Form 4: Ross Stores Executive Chairman Michael Balmuth Sells Shares Under 10b5-1 Plan

Michael Balmuth, Executive Chairman of Ross Stores, Inc., sold 11,261 shares of common stock on April 2, 2025, at a weighted average price of $131.6006, pursuant to a pre-established 10b5-1 trading plan.

Summary

• On April 2, 2025, Michael Balmuth, the Executive Chairman of Ross Stores, Inc., sold 11,261 shares of the company's common stock.
• The sale was executed under a pre-established 10b5-1 trading plan that was put in place on April 12, 2024.
• The shares were sold at a weighted average price of $131.6006.
• The prices for individual transactions ranged from $127.90 to $132.82.
• Following the reported transaction, Balmuth directly owns 59,790 shares of Ross Stores, Inc.
• The reporting person undertakes to provide to Ross Stores, Inc. and to the staff of the Securities and Exchange Commission upon request, full information regarding the numbers of shares sold at each separate price within this price range.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a pre-planned stock sale by an executive, indicating a neutral sentiment.

Industry Context

Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on any inside information at the time of the transaction.

Comparison to Industry Standards

• Executive stock sales are common across the retail industry.
• Comparable companies such as TJX Companies (TJX) and Burlington Stores (BURL) also see regular Form 4 filings related to executive stock transactions.
• The use of 10b5-1 plans is a standard practice to avoid accusations of insider trading.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, but the pre-planned nature of the sale mitigates concerns about insider information.
• The sale does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Ross Stores, ROST, Michael Balmuth, Executive Chairman, Stock Sale, Form 4, 10b5-1 Plan, Insider Trading