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

Rhea-AI Filing Summary

Ross Stores insider transaction: Karen Fleming, President and CMO of Ross Dress for Less, reported a sale of 907 shares of Ross Stores, Inc. (ROST) on 09/12/2025 at a reported price of $147.9 per share. After the transaction, Fleming beneficially owned 91,266.505 shares directly. The Form 4 was signed on 09/16/2025.

Insights

Corporate Governance Expert

TL;DR: A small, routine insider sale by a senior officer; not clearly material to shareholders.

The filing shows Karen Fleming, President and CMO, executed a disposal of 907 common shares via transaction code "F" on 09/12/2025 at $147.9 per share, leaving her with 91,266.505 shares beneficially owned directly. The reported sale size is small relative to her remaining holdings, consistent with routine portfolio management or pre-arranged transactions. No derivative transactions, amendments, or additional contextual details are provided in the Form 4.

Securities Analyst

TL;DR: Insider sale recorded; transaction is modest in scale and does not indicate a material change in ownership.

The record lists a single non-derivative sale (code F) for 907 shares at $147.9, reducing direct holdings to 91,266.505 shares. The form contains no information on intent, pre-arranged trading plan, or larger pattern of disposals. Given the limited size of the sale versus total holdings, the filing appears to be a routine disclosure rather than a material corporate development.

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^*

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)
09/12/2025

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		907	D	$147.9	91,266.505	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 Karen Fleming	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 Karen Fleming report on the Form 4 for ROST?

Karen Fleming reported a sale of 907 shares of Ross Stores (ROST) on 09/12/2025 at $147.9 per share and now beneficially owns 91,266.505 shares directly.

What is the reporting person’s role at Ross Stores (ROST)?

The Form 4 lists Karen Fleming as President, CMO of Ross Dress for Less and an officer of Ross Stores, Inc.

When was the Form 4 signed and filed?

The signature block shows the Form 4 was signed by /s/ Ken Jew for Karen Fleming on 09/16/2025. The transaction date reported is 09/12/2025.

Did the Form 4 report any derivative transactions or amendments?

No. The filing contains only a non-derivative sale of common stock and does not report derivative transactions or amendments.

How large was the sale relative to Fleming’s remaining holdings?

The sale of 907 shares represents a small portion of her reported 91,266.505 shares remaining; the form provides no statement of intent or trading plan.