Sykes Karen 4

What Happened
Karen Sykes, President (CMO DD's Discounts) of Ross Stores (ROST), was issued 8,579 shares on March 20, 2026 as the settlement of a performance award and, on the same date, 8,947 shares were transferred (disposed) at $211.19/share to satisfy a tax liability totaling $1,889,517. The award shares were reported at $0.00 acquisition value (grant/settlement).

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filing appears timely).
• Award: 8,579 shares issued pursuant to settlement of a performance award under the 2017 Equity Incentive Plan (reported as acquisition at $0.00).
• Tax withholding/disposition: 8,947 shares disposed at $211.19 each, total value $1,889,517 (transaction code F = tax withholding).
• Shares owned after transaction: not specified in the filing.
• Footnote: Award vests in tranches — 2,574 shares vested 3/20/2026, 2,574 on 3/19/2027, and 3,431 on 3/17/2028.

Context
This was a settlement of a performance-based equity award with shares withheld to cover tax obligations (a routine administrative disposition rather than an open-market sale or a discretionary purchase). Such withholding is common when awards vest and does not, by itself, indicate insider sentiment about the stock.