Ross Stores CFO gets stock award, pays taxes
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,574 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,617 | $211.19 | $975K |
Footnotes (1)
- F1. Shares issued pursuant to settlement of a performance award under the terms of the 2017 Equity Incentive Plan. Shares become vested as follows: 773 shares vest as of March 20, 2026, 772 shares vest as of March 19, 2027, and 1,029 shares vest as of March 17, 2028.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ross Stores (ROST) CFO William Sheehan report in this Form 4?
What plan governs the Ross Stores (ROST) CFO’s reported stock award and how does it vest?
Does this Ross Stores (ROST) Form 4 indicate open-market buying or selling by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.