Ross Stores (ROST) executive Karen Sykes receives 6,577-share equity award

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.

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

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sykes 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)
	PRESIDENT, CMO DD'S DISCOUNTS

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		A		6,577(1)	A	$0	110,522	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:

1. Shares issued under the terms of the 2017 Equity Incentive Plan. Shares become vested as follows: 100% on March 23, 2029.

	/s/ Ken Jew for Karen Sykes	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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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.

When do the new Ross Stores (ROST) shares granted to Karen Sykes vest?

The granted shares vest in a single future tranche. According to the filing, 100% of the 6,577 common shares issued to Karen Sykes will become vested on March 23, 2029, under the terms of the 2017 Equity Incentive Plan.

How many Ross Stores (ROST) shares does Karen Sykes hold after this Form 4 grant?

After receiving the 6,577-share equity award, Karen Sykes directly holds 110,522 shares of Ross Stores common stock. This total reflects her position following the reported grant and indicates her ongoing equity stake as a senior executive.

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.

Were any Ross Stores (ROST) shares sold in the Karen Sykes Form 4?

No sales were reported in this Form 4. The filing lists only one transaction: an acquisition of 6,577 common shares as a grant or award. There are no sell, tax-withholding, or derivative exercise transactions disclosed in this report.