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ROSS STORES, INC.·4

Mar 18, 5:30 PM ET

Fleming Karen 4

Research Summary

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Updated

Ross Stores President Karen Fleming Receives Award of 7,047 Shares

What Happened

Karen Fleming, President and Chief Merchandising Officer of Ross Stores (ROST), was granted 7,047 shares on March 16, 2026. The shares were reported as an award/acquisition (code A) at $0.00 per share (total reported cash value $0), issued under the company's equity incentive plan.

Key Details

  • Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
  • Transaction type/code: Grant / Award (A).
  • Shares granted: 7,047 shares at $0.00 per share (no cash paid at grant).
  • Vesting: Per footnote, these shares are issued under the 2017 Equity Incentive Plan and vest 100% on March 21, 2031 (long-term time-based vest).
  • Shares owned after transaction: Total beneficial ownership after this grant is not specified in the filing; filing notes previous acquisitions of 48 shares (9/30/2025) and 40 shares (12/31/2025) via the issuer's employee stock purchase plan (exempt under Rule 16b-3).

Context

This was a compensation award (likely restricted stock or RSUs) rather than an open-market purchase or sale. Such grants are common for executive compensation and are not an immediate market signal—the shares will only convert to full ownership as they vest over time.