Form 4: Ross Stores Executive Michael Hartshorn Acquires Shares Under Equity Incentive Plan

Michael J. Hartshorn, Group President and COO of Ross Stores, Inc., acquired 10,878 shares of common stock on March 13, 2024, under the company's 2017 Equity Incentive Plan.

Summary

• Michael J. Hartshorn, a director and Group President, COO of Ross Stores, Inc., acquired 10,878 shares of common stock on March 13, 2024.
• The acquisition was made under the terms of the 2017 Equity Incentive Plan.
• These shares will vest on March 23, 2029.
• Following the transaction, Hartshorn beneficially owns 135,544 shares of Ross Stores, Inc.
• This total includes 30 shares acquired on 9/29/2023 and 25 shares acquired on 12/29/2023 pursuant to the issuer's employee stock purchase plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an executive is generally seen as a positive sign, but it's a routine transaction.

Positives

• The acquisition of shares by a high-ranking executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Executive stock acquisitions are common in publicly traded companies and are often viewed as a way to align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition could have a slightly positive impact on shareholder sentiment.

Key Dates