GARRETT SHARON D 4
Research Summary
AI-generated summary
ROST — Director Sharon D. Garrett Receives 896-Share Award
What Happened
Sharon D. Garrett, a director of Ross Stores, Inc. (ROST), was granted 896 shares as an award on 2026-05-21. The grant was reported as an acquisition (code A) at $0.00 per share (total reported value $0), reflecting a compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-21; reported on Form 4 filed 2026-05-26. Filing is within the required two business days (May 25 was a holiday).
- Amount: 896 shares granted at $0.00 (award).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Shares issued under the 2026 Equity Incentive Plan; vesting schedule is 1/3 on May 27, 2027, 1/3 on May 26, 2028, and 1/3 on May 25, 2029.
- F2: Securities are held in the name of the Sharon D. Garrett Living Trust.
- No indication of tax-withholding share forfeiture or immediate sale in the filing.
Context
This was a compensation grant (common for directors) and not an open-market purchase or sale. Because the shares vest over time, they are not immediately liquid for Ms. Garrett until each vesting date. Such awards are routine and reflect governance/compensation practices rather than a direct buy/sell signal about near-term stock sentiment.