Ross Stores (ROST) executive granted shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ross Stores executive Karen Sykes, President and CMO of dd's DISCOUNTS, received a grant of 8,579 shares of common stock at no cost as part of a performance award under the 2017 Equity Incentive Plan. The award is scheduled to vest in tranches through 2028.
On the same date, 8,947 shares were disposed of at $211.19 per share to cover tax obligations related to the equity award. After these transactions, Sykes directly owns 110,154 shares of Ross Stores common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sykes Karen
Role
PRESIDENT, CMO DD'S DISCOUNTS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,579 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,947 | $211.19 | $1.89M |
Holdings After Transaction:
Common Stock — 119,101 shares (Direct)
Footnotes (1)
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FAQ
What insider equity award did Ross Stores (ROST) executive Karen Sykes receive?
Karen Sykes received a grant of 8,579 Ross Stores common shares at no cost under a performance award in the 2017 Equity Incentive Plan. The award is tied to company performance and represents stock-based compensation rather than an open-market purchase.
What does the Form 4 reveal about derivative positions for Karen Sykes in Ross Stores (ROST)?
The filing’s derivative section shows no remaining derivative securities for Karen Sykes in this report. The disclosed activity involves only common stock, reflecting stock-based compensation and related tax withholding rather than option exercises or other derivative transactions.