Ross Stores (ROST) CEO receives 21,140-share grant and holds 51,164 PRSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROSS STORES, INC. reported that Chief Executive Officer James Grant Conroy received a grant of 21,140 shares of common stock at no cost under the 2017 Equity Incentive Plan. These shares vest 100% on March 22, 2030, bringing his directly held common stock to 178,293 shares. He also holds performance-based restricted stock units (PRSUs) representing a contingent right to receive 51,164 additional common shares, each with an exercise price of $0.0000, awarded pursuant to Rule 16b-3(d).
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Conroy James Grant
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 21,140 | $0.00 | -- |
| holding | PRSU | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 178,293 shares (Direct);
PRSU — 51,164 shares (Direct)
Footnotes (1)
- Shares issued under the terms of the 2017 Equity Incentive Plan. Shares become vested as follows: 100% on March 22, 2030. Each PRSU represents a contingent right to receive an equivalent number of shares of issuer common stock. Grants awarded pursuant to Rule 16b-3(d).
FAQ
What did Ross Stores (ROST) CEO James Grant Conroy report in this Form 4?
The filing shows CEO James Grant Conroy received 21,140 Ross Stores common shares as an equity award. These were granted at no cost under the 2017 Equity Incentive Plan, increasing his directly held common stock position to 178,293 shares after the transaction.
What PRSU holdings does the Ross Stores (ROST) CEO report?
The CEO reports performance-based restricted stock units (PRSUs) tied to 51,164 underlying Ross Stores common shares. Each PRSU represents a contingent right to receive one share at an exercise price of $0.0000, with issuance dependent on meeting applicable performance and vesting conditions.
Is the Ross Stores (ROST) CEO’s Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a compensatory grant, not a market purchase. The 21,140 shares were issued at a price of $0.0000 under the company’s 2017 Equity Incentive Plan, reflecting an award of stock-based compensation rather than a buy order on the open market.