[Form 4] ROSS STORES, INC. Insider Trading Activity

Rhea-AI Filing Summary

Adam M. Orvos, EVP and Chief Financial Officer of Ross Stores, Inc. (ROST), reported a sale of 7,928 shares of ROST common stock on 09/12/2025 at a reported price of $147.90 per share. Following the transaction the reporting person beneficially owns 62,158 shares, reported as direct ownership. The Form 4 is signed on behalf of the reporting person by Ken Jew on 09/16/2025. The filing lists transaction code F for the disposition.

Positive

• Ownership retained: Reporting person still beneficially owns 62,158 shares after the sale
• Clear disclosure: Transaction date, price, and post-transaction holdings are explicitly reported

Negative

• Insider disposition: Sale of 7,928 shares reported, which reduces the officer's stake
• No explanation provided: Filing contains no stated reason or plan details for the disposition (only transaction code F)

Insights

Financial Analyst

TL;DR: CFO sold a portion of holdings: 7,928 shares at $147.90, leaving 62,158 shares.

The reported sale is a straightforward insider disposition that reduced the reporting person's direct stake by approximately 11–13% of the post-transaction position implied by the figures in the filing. The transaction price is explicitly stated, and ownership after the trade is reported, allowing investors to quantify the change in insider holdings. There is no additional context in the filing regarding the reason for the sale or any trading plan details beyond the transaction code listed as "F." From a financial-data perspective this is an informational disclosure rather than a material corporate development.

Corporate Governance Expert

TL;DR: Routine insider sale disclosed; signature attached, but no extra governance details or plan disclosures included.

The Form 4 provides required transparency about an officer-level disposition and includes a manual signature block signed by an authorized filer. The filing does not provide explanatory text about the rationale, any Rule 10b5-1 plan, or related-party context. For governance review, the document meets filing requirements but offers limited information for assessing intent or timing beyond the raw transaction data.

09/16/2025 - 05:19 PM

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

OMB APPROVAL

OMB Number:			3235-0287
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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).

1. Name and Address of Reporting Person^*

Orvos Adam M

(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)
	EVP, CHIEF FINANCIAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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	09/12/2025		F		7,928	D	$147.9	62,158	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:

	/s/ Ken Jew for Adam M. Orvos	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Adam M. Orvos report on the Form 4 for ROST?

The filing reports a sale of 7,928 shares of ROST on 09/12/2025 at $147.90 per share, leaving 62,158 shares beneficially owned.

How much were the shares sold for in the ROST Form 4?

The reported price per share for the disposition was $147.90.

What is the transaction code listed on the Form 4 for this ROST sale?

The transaction is listed with transaction code F in the filing.

Who signed the Form 4 for Adam M. Orvos?

The Form 4 is signed on behalf of Adam M. Orvos by /s/ Ken Jew with a signature date of 09/16/2025.

Does the Form 4 explain why the ROST shares were sold?

No. The filing does not include a reason or indicate whether the sale was under a trading plan; it only lists the transaction and code F.

What is Adam M. Orvos's role at Ross Stores as stated in the filing?

He is reported as EVP, Chief Financial Officer and an officer of Ross Stores, Inc.