Ross Stores (NASDAQ: ROST) director awarded 896-share equity grant

Rhea-AI Filing Summary

MILLIGAN STEPHEN D reported acquisition or exercise transactions in this Form 4 filing.

ROSS STORES, INC. director Stephen D. Milligan received a grant of 896 shares of common stock on May 21, 2026 under the 2026 Equity Incentive Plan. The award vests in three equal installments in 2027, 2028, and 2029, and brings his direct holdings to 22,888 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MILLIGAN STEPHEN D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	896	$0.00	--

Holdings After Transaction: Common Stock — 22,888 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity grant: 896 shares Grant price: $0.0000 per share Holdings after grant: 22,888 shares +3 more

6 metrics

Equity grant 896 shares Common stock award on May 21, 2026

Grant price $0.0000 per share Equity Incentive Plan award, no cash paid by insider

Holdings after grant 22,888 shares Director’s direct ownership following the transaction

First vesting tranche 1/3 of 896 shares Vests on May 27, 2027

Second vesting tranche 1/3 of 896 shares Vests on May 26, 2028

Third vesting tranche 1/3 of 896 shares Vests on May 25, 2029

Key Terms

Equity Incentive Plan, vested, grant/award acquisition

3 terms

Equity Incentive Plan financial

"Shares issued under the terms of the 2026 Equity Incentive Plan."

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

vested 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."

grant/award acquisition financial

"transaction_action: grant/award acquisition with transaction code A."

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

MILLIGAN STEPHEN D

(Last) (First) (Middle)

5130 HACIENDA DRIVE

(Street)

DUBLIN CALIFORNIA 94568

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ROSS STORES, INC. [ ROST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/21/2026		A		896(1)	A	$0	22,888	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 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.

	/s/ Ken Jew for Stephen D. Milligan	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Ross Stores (ROST) director Stephen D. Milligan report on this Form 4?

Stephen D. Milligan reported receiving a grant of 896 shares of Ross Stores common stock. The shares were issued as part of the 2026 Equity Incentive Plan and increase his directly held position to 22,888 shares following the transaction.

How many Ross Stores (ROST) shares were granted to Stephen D. Milligan?

Stephen D. Milligan was granted 896 shares of Ross Stores common stock. These shares were awarded at no purchase price to him and form part of his compensation under the company’s 2026 Equity Incentive Plan, subject to future vesting conditions.

What is the vesting schedule for Stephen D. Milligan’s new Ross Stores (ROST) shares?

The 896 granted shares vest in three equal installments. One-third vests on May 27, 2027, another third on May 26, 2028, and the final third on May 25, 2029, meaning the director must remain eligible through these future dates.

What are Stephen D. Milligan’s Ross Stores (ROST) holdings after this Form 4 transaction?

After the equity grant, Stephen D. Milligan directly holds 22,888 shares of Ross Stores common stock. This total reflects the addition of the 896 award shares reported in the Form 4 and represents his direct ownership position after the transaction.

Was cash paid for the Ross Stores (ROST) shares granted to Stephen D. Milligan?

No cash was paid by Stephen D. Milligan for these shares; the Form 4 reports a price per share of $0.0000. The 896 shares were granted as an equity award under the 2026 Equity Incentive Plan rather than purchased on the open market.