BJORKLUND GUNNAR K 4
Research Summary
AI-generated summary
Ross Stores (ROST) Director Gunnar K. Bjorklund Receives Stock Award
What Happened
- Gunnar K. Bjorklund, a director of Ross Stores (ROST), was granted a total of 1,539 restricted stock units (RSUs) on 2026-05-21 — 896 RSUs plus 643 RSUs. Each grant is recorded at $0.00 per share, so the reported acquisition value is $0. These were reported on a Form 4 filed 2026-05-26. This is an award/grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26.
- Shares granted: 896 RSUs + 643 RSUs = 1,539 RSUs.
- Price: $0.00 per unit; total reported acquisition value: $0.
- Vesting schedule (Footnote F1): 1/3 vests on May 27, 2027; 1/3 on May 26, 2028; 1/3 on May 25, 2029. Settlement of units is deferred until separation from the Board.
- Beneficial ownership note (Footnote F2): the filing notes a transfer since the last Form 4 of 19,940 shares of common stock pursuant to a domestic relations order.
- Securities beneficially owned after the transaction are not specified in the provided data.
Context
- RSUs are a form of compensation/retention award and do not require an immediate cash purchase; the $0 grant price here reflects how RSUs are recorded (value accrues when/if units convert to shares). Because settlement is deferred until separation from the Board, these units may not convert to shares while Bjorklund remains a director. This award should be viewed as a routine equity grant to an insider, not an open‑market bet on the stock.