Sheehan William W II 4

What Happened
William W. Sheehan II, CFO of Ross Stores (ROST), was issued 2,574 shares on March 20, 2026 pursuant to a performance award (code A). On the same date he disposed of 4,617 shares at $211.19 per share (code F) to satisfy tax withholding obligations, producing proceeds (or withholding value) of approximately $975,064. The award was granted at $0.00 per share.

Key Details

• Transaction dates: March 20, 2026 (both award issuance and tax-withholding disposal). Filing date: March 24, 2026 (filed within the standard two-business-day window).
• Award: 2,574 shares issued under Ross’s 2017 Equity Incentive Plan (code A) with no purchase price.
• Tax withholding: 4,617 shares disposed at $211.19 each for ~$975,064 (code F — shares surrendered/withheld to cover tax liability).
• Vesting schedule (footnote): of the 2,574 shares, 773 vested as of March 20, 2026; 772 vest March 19, 2027; 1,029 vest March 17, 2028.
• Shares owned after the transactions are not specified in the supplied filing excerpt.

Context
This is a routine award settlement plus share surrender to cover taxes rather than an open-market sale or purchase. Code A indicates the issuance/settlement of a performance-based equity award; code F indicates shares were withheld/surrendered to meet tax obligations (a common practice). The filing was timely.