Sheehan William W II 4
Research Summary
AI-generated summary
Ross Stores (ROST) CFO William Sheehan Receives 5,638-Share Award
What Happened
William W. Sheehan II, Chief Financial Officer of Ross Stores (ROST), received an award of 5,638 shares on March 11, 2026. The shares were reported at $0.00 per share (no cash paid) and are issued under the company’s 2017 Equity Incentive Plan. The award vests 100% on March 22, 2030.
Key Details
- Transaction type: Award/Grant (code A) on 2026-03-11; filing dated 2026-03-13 (timely).
- Shares granted: 5,638; reported acquisition price: $0.00 (indicative of RSUs/restricted stock).
- Vesting: 100% vests on March 22, 2030 (per footnote).
- Beneficial ownership note: Filing notes inclusion of 40 shares acquired on 2025-12-31 via the issuer’s employee stock purchase plan (ESPP), acquired under Rule 16b-3 exemption.
- Shares owned after the grant: total beneficial ownership not specified in the provided excerpt.
Context
This is a standard long-term equity award to an executive (likely time-based RSUs) rather than an open-market purchase or sale. Such grants are compensation/retention tools and do not, by themselves, indicate the insider is buying or selling stock in the market. Filing was submitted within the Form 4 deadline.