Form 4: Ross Stores SVP, CAO & Corp Controller Reports Acquisition of Common Stock
SEC Form 4
Jeffrey P. Burrill, SVP, CAO & Corp Controller of Ross Stores, reports the acquisition of 3,162 shares of common stock on March 12, 2025, along with adjustments to existing holdings.
Summary
- On March 12, 2025, Jeffrey P. Burrill, SVP, CAO & Corp Controller of Ross Stores, acquired 3,162 shares of common stock.
- These shares were issued under the terms of the 2017 Equity Incentive Plan and will vest on March 23, 2029.
- Following the reported transaction, Burrill's beneficially owned securities include 29,601 shares of common stock.
- This total includes shares acquired through the employee stock purchase plan between March and December 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. Executive stock purchases are generally viewed as a positive, but this is a routine filing.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 3/29/2024 | 45 shares acquired on 3/29/2024 pursuant to issuer's employee stock purchase plan in a transaction exempt under Rule 16b-3. |
| 6/28/2024 | 43 shares acquired on 6/28/2024 pursuant to issuer's employee stock purchase plan in a transaction exempt under Rule 16b-3. |
| 9/30/2024 | 43 shares acquired on 9/30/2024 pursuant to issuer's employee stock purchase plan in a transaction exempt under Rule 16b-3. |
| 12/31/2024 | 42 shares acquired on 12/31/2024 pursuant to issuer's employee stock purchase plan in a transaction exempt under Rule 16b-3. |
| 03/12/2025 | Date of transaction: Jeffrey P. Burrill acquired 3,162 shares of common stock. |
| 03/14/2025 | Date of Form 4 filing. |
| 03/23/2029 | Vesting date for the 3,162 shares acquired under the 2017 Equity Incentive Plan. |
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