Form 4: Ross Stores Executive Michael Hartshorn Reports Acquisition of Shares

Michael J. Hartshorn, Group President and COO of Ross Stores, Inc., reports acquiring shares of common stock under the company's equity incentive plan and employee stock purchase plan.

Summary

• On March 12, 2025, Michael J. Hartshorn, Group President and COO of Ross Stores, acquired 12,647 shares of common stock under the 2017 Equity Incentive Plan.
• He also acquired 23,712 shares of common stock on the same date.
• Following these transactions, Hartshorn directly owns 115,696 shares and 139,454 shares of Ross Stores common stock.
• Additionally, he acquired 23 shares on 9/30/2024 and 23 shares on 12/31/2024 through the employee stock purchase plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. Executive stock ownership is generally viewed positively, but this is a standard disclosure.

Positives

• The acquisition of shares by a high-ranking executive could be interpreted as a sign of confidence in the company's future performance.

Industry Context

Executive stock acquisitions are common in the retail industry and are often seen as a way to align management's interests with those of shareholders.

Stakeholder Impact

• The acquisition of shares by an executive may have a slightly positive impact on shareholder sentiment.

Key Dates