[Form 4] ROSS STORES, INC. Insider Trading Activity

Rhea-AI Filing Summary

Karen Fleming, President and Chief Merchandising Officer of Ross Stores, Inc. (ROST), reported a sale of 2,932 shares of ROST common stock on 09/25/2025 at a reported price of $149.0936 per share. After the transaction she beneficially owned 88,334.505 shares (direct). The Form 4 was signed on 09/29/2025. No derivative transactions or additional details are reported.

Positive

• None.

Negative

• Disposition reported: An officer sold 2,932 shares of ROST on 09/25/2025, which reduces her direct holdings.

Insights

Financial Analyst

TL;DR: Insider sale of 2,932 ROST shares by a senior officer is disclosed; size appears routine relative to total holdings.

The filing documents a straightforward open-market disposition by a senior executive at a specific price of $149.0936 per share. The report shows the reporting person retains 88,334.505 shares after the sale, indicating ongoing ownership alignment with shareholders. The disclosure is timely and complies with Section 16 reporting requirements. There are no accompanying derivative transactions or unusual vesting events noted.

Corporate Governance Expert

TL;DR: The Form 4 correctly reports an officer sale; filing raises standard governance transparency but no material governance concern.

The document provides the necessary details: reporting person identity, relationship to issuer (President, CMO), transaction date, number of shares sold, and price. The signature block indicates an authorized filer signed on behalf of the reporting person. Absent patterns of repeated large disposals or related-party transfers, this single reported sale is a routine disclosure rather than a governance red flag.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Fleming Karen

(Last) (First) (Middle)

5130 HACIENDA DRIVE

(Street)

DUBLIN CA 94568

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ROSS STORES, INC. [ ROST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRES, CMO ROSS DRESS FOR LESS

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/25/2025		S		2,932	D	$149.0936	88,334.505	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Ken Jew for Karen Fleming	09/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Karen Fleming report on the Form 4 for ROST?

She reported a sale of 2,932 shares of Ross Stores (ROST) common stock on 09/25/2025 at $149.0936 per share and retained 88,334.505 shares beneficially.

What is Karen Fleming's role at Ross Stores as listed on the Form 4?

The form lists her relationship to the issuer as President, Chief Merchandising Officer (PRES, CMO) and an officer of the company.

Was any derivative security transaction reported on this Form 4 for ROST?

No. The filing shows no entries in Table II; only a non-derivative common stock sale is reported.

When was the Form 4 signed and filed?

The signature block shows it was signed on 09/29/2025 by an authorized filer on behalf of Karen Fleming.

How many shares did she own after the transaction according to the filing?

The form reports 88,334.505 shares beneficially owned following the reported transaction.