Ross Stores (NASDAQ: ROST) director granted 896 shares under 2026 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GARRETT SHARON D reported acquisition or exercise transactions in this Form 4 filing.
Ross Stores director Sharon D. Garrett reported an equity grant and updated holdings. She received 896 shares of common stock at no cost as a grant or award, increasing her direct ownership to 3,467 shares of Ross Stores common stock.
The new shares were issued under the 2026 Equity Incentive Plan and vest in three equal installments: one-third on May 27, 2027, one-third on May 26, 2028, and one-third on May 25, 2029. In addition to her direct stake, 213,705 shares are held indirectly by the Sharon D. Garrett Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GARRETT SHARON D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 896 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,467 shares (Direct, null);
Common Stock — 213,705 shares (Indirect, by Trust)
Footnotes (1)
- Shares issued under the terms of the 2026 Equity Incentive Plan. Shares become vested as follows: 1/3 on May 27, 2027, 1/3 on May 26, 2028, and 1/3 on May 25, 2029. Securities held in the name of Sharon D. Garrett Living Trust.
Key Figures
Equity award shares: 896 shares
Award price per share: $0.00 per share
Direct holdings after grant: 3,467 shares
+4 more
7 metrics
Equity award shares
896 shares
Grant/award of common stock on May 21, 2026
Award price per share
$0.00 per share
Price for granted common stock
Direct holdings after grant
3,467 shares
Common stock directly owned following transaction
Indirect trust holdings
213,705 shares
Common stock held by Sharon D. Garrett Living Trust
First vesting date
May 27, 2027
1/3 of award vests under 2026 Equity Incentive Plan
Second vesting date
May 26, 2028
1/3 of award vests under 2026 Equity Incentive Plan
Final vesting date
May 25, 2029
Final 1/3 of award vests under 2026 Equity Incentive Plan
Key Terms
2026 Equity Incentive Plan, vesting, grant/award acquisition, indirect ownership, +1 more
5 terms
2026 Equity Incentive Plan financial
"Shares issued under the terms of the 2026 Equity Incentive Plan."
vesting financial
"Shares become vested as follows: 1/3 on May 27, 2027, 1/3 on May 26, 2028, and 1/3 on May 25, 2029."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant/award acquisition financial
"transaction_action: grant/award acquisition, transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: by Trust"
Living Trust financial
"Securities held in the name of Sharon D. Garrett Living Trust."
FAQ
What insider transaction did Sharon D. Garrett report for Ross Stores (ROST)?
Sharon D. Garrett reported receiving 896 shares of Ross Stores common stock as a grant or award at no cost. This equity award was made under the 2026 Equity Incentive Plan and represents compensation rather than an open-market purchase of shares.
Was Sharon D. Garrett’s Ross Stores (ROST) stock grant an open-market purchase?
No. The 896 Ross Stores shares were issued at a price of $0.00 per share as a grant or award. The Form 4 describes the transaction as a compensation-related acquisition, not an open-market buy, under the company’s 2026 Equity Incentive Plan.
How are Sharon D. Garrett’s indirect Ross Stores (ROST) holdings structured?
Her indirect holdings are held in the Sharon D. Garrett Living Trust, which owns 213,705 Ross Stores common shares. The Form 4 identifies this as indirect ownership "by Trust," distinguishing these shares from her directly held 3,467-share position.