Form 4: Ross Stores SVP, CAO & Corp Controller Reports Stock Transactions

Jeffrey P. Burrill, SVP, CAO & Corp Controller of Ross Stores, Inc., reports acquisition and disposal of common stock on March 22, 2024.

Summary

• On March 22, 2024, Jeffrey P. Burrill, SVP, CAO & Corp Controller of Ross Stores, Inc., acquired 3,670 shares of common stock at $0, issued pursuant to settlement of a performance share award under the terms of the 2017 Equity Incentive Plan.
• On the same day, Burrill disposed of 2,420 shares of common stock at a price of $145.37.
• Following these transactions, Burrill beneficially owns 26,266 shares of Ross Stores, Inc. common stock.
• The performance shares vest over three years: 1,101 shares on March 22, 2024, 1,101 shares on March 21, 2025, and 1,468 shares on March 20, 2026.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to executive compensation.

Positives

• The acquisition of shares through a performance share award aligns Burrill's interests with the long-term performance of Ross Stores, Inc.

Industry Context

Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. This filing indicates activity related to compensation and stock ownership.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.

Key Dates