Hartshorn Michael J. 4

What Happened
Michael J. Hartshorn, Group President, Chief Operating Officer and a director of Ross Stores (ROST), sold a total of 21,874 shares in two open-market dispositions on March 24–25, 2026. The trades generated proceeds of approximately $4,698,515: 6,061 shares sold on 2026-03-24 for about $1,300,203 (weighted avg $214.52) and 15,813 shares sold on 2026-03-25 for about $3,398,312 (weighted avg $214.91). These were sales (disposals), not purchases.

Key Details

• Transaction dates: 2026-03-24 (6,061 shares at weighted avg $214.52) and 2026-03-25 (15,813 shares at weighted avg $214.91). Total shares sold: 21,874; total proceeds: ~$4,698,515.
• Reported price ranges: 3/24 sales executed between $211.61 and $216.00; 3/25 sales executed between $212.42 and $216.27. The filing reports weighted-average prices; the filer will provide per-price breakdown to the company/SEC on request (footnotes F2, F3).
• Plan-driven sale: Shares were sold pursuant to a pre-established 10b5-1 trading plan entered into on October 10, 2025 (footnote F1).
• Filing: Form 4 filed March 26, 2026 — appears to be timely relative to the trade dates.
• Shares owned after the transaction: Not specified in the provided excerpt of the Form 4.

Context

• These transactions are sales under a 10b5-1 plan, which lets insiders sell according to a pre-set schedule and is commonly used to avoid trading-window timing issues. Such sales are often routine and do not by themselves indicate a change in insider sentiment.
• For retail investors: purchases by insiders are generally more informative as bullish signals; planned sales under 10b5-1 are typically part of scheduled diversification or liquidity actions.