Ross Stores (ROST) CFO granted 2,574 shares; 4,617 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROSS STORES, INC. Executive Vice President and Chief Financial Officer William W. Sheehan II reported routine equity compensation activity. He received 2,574 shares of common stock as a grant at $0.00 per share, increasing his holdings before related tax withholding.
On the same date, 4,617 shares of common stock were disposed of at $211.19 per share to cover tax obligations, a non-market transaction that does not reflect an open-market sale decision. After these transactions, he directly holds 36,222 common shares. A footnote explains the shares relate to settlement of a performance award under the 2017 Equity Incentive Plan, with portions vesting in 2026, 2027, and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sheehan William W II
Role
EVP, CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,574 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,617 | $211.19 | $975K |
Holdings After Transaction:
Common Stock — 40,839 shares (Direct)
Footnotes (1)
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FAQ
What did Ross Stores (ROST) CFO William Sheehan report in this Form 4?
The Ross Stores CFO reported a routine equity compensation event: a grant of 2,574 common shares and a related tax-withholding disposition of 4,617 shares. These transactions adjust his holdings but do not represent an open-market stock purchase or sale.
What plan governs the Ross Stores (ROST) CFO’s reported stock award and how does it vest?
The award was issued under the 2017 Equity Incentive Plan and tied to a performance award. According to the footnote, 773 shares vest on March 20, 2026, 772 shares on March 19, 2027, and 1,029 shares on March 17, 2028, subject to plan terms.
Does this Ross Stores (ROST) Form 4 indicate open-market buying or selling by the CFO?
No. The filing shows a stock grant and a tax-withholding disposition, not open-market trades. The grant is compensation, while the 4,617-share disposition covers tax obligations, a common administrative step when performance-based equity awards are settled.