Ross Stores (ROST) director granted 896 restricted stock units vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BUSH MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.
ROSS STORES, INC. director Michael J. Bush received an equity award of 896 shares of common stock in the form of restricted stock units under the 2026 Equity Incentive Plan. No cash changed hands for this grant, and his directly held stake increased to 37,554 shares.
The footnote explains that these stock units vest in three equal installments: one-third on May 27, 2027, one-third on May 26, 2028, and one-third on May 25, 2029. Settlement of the units into shares is deferred until his separation from the Board, so the award is designed as longer-term, service-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BUSH MICHAEL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 896 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,554 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 896 shares
Holding after transaction: 37,554 shares
Grant price per share: $0.00 per share
+3 more
6 metrics
RSU grant size
896 shares
Restricted stock units granted May 21, 2026
Holding after transaction
37,554 shares
Total common stock directly held after award
Grant price per share
$0.00 per share
Equity award with no cash paid by director
First vesting date
May 27, 2027
One-third of RSUs vest
Second vesting date
May 26, 2028
Next one-third of RSUs vest
Final vesting date
May 25, 2029
Final one-third of RSUs vest
Key Terms
Restricted stock units, 2026 Equity Incentive Plan, vested, Settlement of units, +1 more
5 terms
Restricted stock units financial
"Restricted stock units granted under the terms of the 2026 Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2026 Equity Incentive Plan financial
"Restricted stock units granted under the terms of the 2026 Equity Incentive Plan."
vested financial
"Stock units become vested as follows: 1/3 on May 27, 2027, 1/3 on May 26, 2028, and 1/3 on May 25, 2029."
Settlement of units financial
"Settlement of units is deferred until separation from Board."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Ross Stores (ROST) director Michael J. Bush report on this Form 4?
Michael J. Bush reported receiving 896 restricted stock units of Ross Stores common stock as a director equity award. The grant was made at no cash cost to him and increased his directly held stake to 37,554 shares after the transaction.
What type of award did Ross Stores (ROST) grant to director Michael J. Bush?
He received restricted stock units representing 896 shares of Ross Stores common stock under the 2026 Equity Incentive Plan. These units are a form of equity compensation that convert into actual shares in the future, subject to vesting and settlement conditions described in the footnote.
When do Michael J. Bush’s Ross Stores (ROST) restricted stock units vest?
The 896 restricted stock units vest in three equal installments over about three years. One-third vests on May 27, 2027, another third on May 26, 2028, and the final third on May 25, 2029, assuming continued Board service during this period.