Sheehan William W II 4
4 · ROSS STORES, INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Ross Stores (ROST) CFO William Sheehan Receives Award, Surrenders Shares
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.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-20+2,574→ 40,839 total - Tax Payment
Common Stock
2026-03-20$211.19/sh−4,617$975,064→ 36,222 total
Footnotes (1)
- [F1]Shares issued pursuant to settlement of a performance award under the terms of the 2017 Equity Incentive Plan. Shares become vested as follows: 773 shares vest as of March 20, 2026, 772 shares vest as of March 19, 2027, and 1,029 shares vest as of March 17, 2028.