Ross Stores (ROST) director awarded 896 restricted stock units in equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ross Stores director Edward G. Cannizzaro reported an equity award of 896 shares of common stock on May 21, 2026, classified as a grant or other acquisition at no cash cost. Following this award, he holds 8,273 common shares directly.
The award represents restricted stock units granted under the 2026 Equity Incentive Plan. These units vest in three equal installments: one-third on May 27, 2027, one-third on May 26, 2028, and one-third on May 25, 2029. Settlement of the units is deferred until his separation from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cannizzaro Edward G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 896 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,273 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 896 shares
Post-transaction holdings: 8,273 shares
First vesting installment: 1/3 of 896 units
+2 more
5 metrics
RSU grant size
896 shares
Restricted stock units granted on May 21, 2026
Post-transaction holdings
8,273 shares
Common stock directly held after the award
First vesting installment
1/3 of 896 units
Vests on May 27, 2027
Second vesting installment
1/3 of 896 units
Vests on May 26, 2028
Third vesting installment
1/3 of 896 units
Vests on May 25, 2029
Key Terms
Restricted stock units, 2026 Equity Incentive Plan, vested, Settlement, +1 more
5 terms
Restricted stock units financial
"Restricted stock units granted under the terms of the 2026 Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2026 Equity Incentive Plan financial
"Restricted stock units granted under the terms of the 2026 Equity Incentive Plan."
vested financial
"Stock units become vested as follows: 1/3 on May 27, 2027, 1/3 on May 26, 2028, and 1/3 on May 25, 2029."
Settlement financial
"Settlement of units is deferred until separation from Board."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
separation from Board financial
"Settlement of units is deferred until separation from Board."
FAQ
What insider transaction did Ross Stores (ROST) report for Edward G. Cannizzaro?
Ross Stores director Edward G. Cannizzaro received an award of 896 restricted stock units. The grant was reported as a non-cash acquisition under the 2026 Equity Incentive Plan and increased his direct holdings to 8,273 common shares.
What are the vesting dates for Edward G. Cannizzaro’s 896 RSUs at Ross Stores (ROST)?
Cannizzaro’s 896 restricted stock units vest in three equal installments. One-third vests on May 27, 2027, another third on May 26, 2028, and the final third on May 25, 2029, according to the Form 4 footnote.
Under which plan were Edward G. Cannizzaro’s restricted stock units at Ross Stores (ROST) granted?
The 896 restricted stock units were granted under Ross Stores’ 2026 Equity Incentive Plan. This plan provides equity-based compensation, and the units vest over time with settlement deferred until Cannizzaro’s separation from the Board.