Hartshorn Michael J. 4

What Happened

• Michael J. Hartshorn (Group President, COO and Director) was issued 23,163 shares on 2026-03-20 as the settlement of a performance share award. To satisfy tax withholding, 22,654 of those shares were withheld/disposed at $211.19 per share, generating $4,784,298. Net retained from this award: 509 shares.
• This was not an open-market sale but a routine tax-withholding related to the award settlement (transaction codes: A = award/acquisition; F = payment of tax liability).

Key Details

• Transaction date: 2026-03-20. Filing date: 2026-03-24 (timely).
• Withheld/disposed: 22,654 shares @ $211.19 = $4,784,298 (to cover taxes). Issued/acquired: 23,163 shares @ $0 (award settlement).
• Net shares retained from this settlement: 509 shares. The filing does not disclose Hartshorn’s total ROST holdings after this transaction beyond the award net.
• Footnote: Shares were issued pursuant to the 2017 Equity Incentive Plan. Vesting schedule for the award: 6,949 shares vested 3/20/2026, 6,949 shares vest 3/19/2027, and 9,265 shares vest 3/17/2028.
• Codes: A = award/grant; F = payment of exercise price or tax liability (here, tax withholding).

Context

• This was a settlement of a performance award with shares withheld to satisfy taxes (a common, administrative step). It should not be treated as a market sale that signals a change in insider conviction.
• The award contains future vesting tranches, so additional shares may vest in 2027 and 2028 per the plan terms.