Ross Stores (ROST) executive Karen Sykes receives 6,577-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sykes Karen reported acquisition or exercise transactions in this Form 4 filing.
ROSS STORES, INC. executive Karen Sykes, President and Chief Merchandising Officer of dd's DISCOUNTS, received a grant of 6,577 shares of common stock as compensation. The award was issued at no cash cost to her under the company’s 2017 Equity Incentive Plan and will vest 100% on March 23, 2029. Following this grant, she directly holds 110,522 shares of Ross Stores common stock, reflecting a routine equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sykes Karen
Role
PRESIDENT, CMO DD'S DISCOUNTS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,577 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 110,522 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ross Stores (ROST) report for Karen Sykes?
Ross Stores reported that executive Karen Sykes received 6,577 shares of common stock as an equity award. The grant was recorded at a price of $0.00 per share as part of her compensation under the 2017 Equity Incentive Plan.
Is the Karen Sykes Form 4 transaction in ROST a purchase or compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. Karen Sykes acquired 6,577 Ross Stores shares as a grant or award under the 2017 Equity Incentive Plan, coded as a grant/award acquisition with no cash paid per share.
What role does Karen Sykes hold at Ross Stores (ROST) in this Form 4 filing?
In the Form 4, Karen Sykes is identified as an officer of Ross Stores. Her stated title is President and Chief Merchandising Officer of dd's DISCOUNTS, a division of Ross Stores, which explains why she receives equity awards under the company’s incentive plan.