[Form 4] Ross Stores Inc Insider Trading Activity

Rhea-AI Filing Summary

Karen Fleming, President and Chief Merchandising Officer of Ross Dress for Less, reported a sale of 1,000 shares of Ross Stores, Inc. (ROST) common stock on 09/03/2025 at a reported price of $151.0592 per share. After the transaction the filing shows she beneficially owns 92,173.505 shares in total, including 48 shares acquired on 06/30/2025 through the issuer's employee stock purchase plan.

This Form 4 is a routine disclosure of an officer-level sale and includes a standard explanatory note that the 48-share purchase was exempt under Rule 16b-3. The form was signed on behalf of the reporting person on 09/05/2025.

Positive

• None.

Negative

• Officer sale of 1,000 shares on 09/03/2025 at $151.0592, which may be viewed negatively by some investors despite being routine

Insights

Securities Analyst

TL;DR: Officer sold a modest number of shares; filing appears routine with no additional material disclosures.

The sale of 1,000 shares at $151.0592 represents a relatively small transaction versus total reported beneficial ownership of 92,173.505 shares. The filing includes routine explanatory language about a separate small ESPP acquisition that was exempt under Rule 16b-3. There are no derivative transactions, unusual holdings changes, or disclosures of revised ownership arrangements that would indicate a material corporate development.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 reporting; signature by proxy is documented.

The Form 4 identifies Karen Fleming's officer role and records the disposition on 09/03/2025. The form shows a signature executed by a representative on 09/05/2025, which is an acceptable administrative practice. The explanation for 48 ESPP shares clarifies prior exempt acquisition activity and does not change the nature of the reported 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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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).

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^*

Fleming 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)
	PRES, CMO ROSS DRESS FOR LESS

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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	09/03/2025		S		1,000	D	$151.0592	92,173.505(1)	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. Securities Beneficially Owned includes 48 shares acquired on 6/30/2025 pursuant to issuer's employee stock purchase plan in a transaction exempt under Rule 16b-3.

	/s/ Ken Jew for Karen Fleming	09/05/2025
	** 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 transaction did Karen Fleming report on Form 4 for ROST?

She reported a sale of 1,000 shares of ROST common stock on 09/03/2025 at a price of $151.0592 per share.

How many Ross Stores shares does Karen Fleming beneficially own after the reported transaction?

The Form 4 shows she beneficially owns 92,173.505 shares following the sale.

Was there any other acquisition disclosed in the filing?

Yes. The filing notes 48 shares were acquired on 06/30/2025 under the issuer's employee stock purchase plan, exempt under Rule 16b-3.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Ken Jew for Karen Fleming on 09/05/2025 as indicated on the filing.

Does the filing report any derivative transactions or option exercises?

No. Table II for derivative securities contains no reported transactions in this filing.