Burrill Jeffrey P 4

What Happened

• Jeffrey P. Burrill, Group Senior VP, Chief Accounting Officer & Corporate Controller of Ross Stores, received 1,716 shares on March 20, 2026 as the settlement of a performance award (code A, acquired at $0.00). To satisfy tax withholding (code F), 2,970 shares were disposed at $211.19 per share, generating proceeds/value of $627,234. The award is granted under the 2017 Equity Incentive Plan.

Key Details

• Transaction dates: March 20, 2026 (award and tax withholding disposal); Form 4 filed March 24, 2026 (filed timely).
• Prices and values: Awarded 1,716 shares @ $0.00; 2,970 shares withheld/disposed @ $211.19 for $627,234.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: The shares were issued pursuant to a performance award with a vesting schedule of 515 shares vesting 3/20/2026, 515 on 3/19/2027, and 686 on 3/17/2028.
• Transaction codes explained: A = Award/acquisition; F = shares surrendered/withheld to pay tax liability (a common method to cover withholding).

Context

• This filing reflects a settlement of a performance award, not an open-market sale by the insider. The F-code disposal indicates shares were surrendered/withheld to satisfy tax obligations rather than a discretionary sell intended to express sentiment. The number of shares withheld (2,970) exceeds the 1,716 shares reported granted in this filing; the form does not specify whether withholding covered this award only or other liabilities as well.