ROSS STORES 8-K: Executive Changes & Compensation Reported

TL;DR

**ROSS STORES just filed an 8-K about executive changes and pay, keep an eye on leadership shifts.**

AI Summary

ROSS STORES, INC. filed an 8-K on January 31, 2024, reporting an event that occurred on January 30, 2024, related to the departure or election of directors/officers and their compensation. This filing indicates potential changes in leadership or executive compensation structures at the company. For investors, this matters because changes in executive leadership or compensation can signal shifts in company strategy, financial health, or governance, which could impact future stock performance.

Why It Matters

Changes in executive leadership or compensation can signal strategic shifts or financial health, directly influencing investor confidence and the company's future direction.

Risk Assessment

Risk Level: medium — Changes in executive leadership can introduce uncertainty regarding future company strategy and performance, posing a medium risk to investors.

Analyst Insight

A smart investor would monitor ROSS STORES, INC.'s subsequent announcements for specifics on the executive changes and compensation details to understand potential strategic shifts or impacts on company performance before making investment decisions.

Key Numbers

• January 30, 2024 — Date of Earliest Event Reported (Indicates when the reported changes in officers or compensation took place.)
• 0-14678 — Commission File No. (Unique identifier for ROSS STORES, INC. with the SEC.)
• $.01 — Par Value per Share (The nominal value of ROSS STORES' common stock.)

Key Players & Entities

• ROSS STORES, INC. (company) — the registrant filing the 8-K
• January 30, 2024 (date) — date of the earliest event reported
• January 31, 2024 (date) — date the 8-K was filed
• Delaware (company) — state of incorporation for ROSS STORES, INC.
• 0-14678 (dollar_amount) — Commission File No.
• 94-1390387 (dollar_amount) — I.R.S. Employer Identification No.
• 5130 Hacienda Drive, Dublin, California 94568 (company) — address of principal executive offices
• (925) 965-4400 (dollar_amount) — registrant's telephone number
• Common stock, par value $.01 (company) — title of class of securities registered
• ROST (company) — trading symbol for ROSS STORES, INC.

Forward-Looking Statements

• ROSS STORES, INC. will provide more detailed information about the specific executive changes and compensatory arrangements in a subsequent filing or press release. (ROSS STORES, INC.) — high confidence, target: Q1 2024
• The reported changes could lead to a minor, short-term fluctuation in ROST's stock price as investors digest the news. (ROST) — medium confidence, target: February 2024

FAQ

Key Financial Figures

• $900,000 — er to receive a salary of not less than $900,000 per year and an annual incentive bonus
• $500,000 — stock on that day, with a face value of $500,000, vesting 100% on March 23, 2029. Ms.

Filing Documents

• rost-20240130.htm (8-K) — 28KB
• fleming-991.htm (EX-99.1) — 10KB
• form8k41119image1.jpg (GRAPHIC) — 19KB
• 0000745732-24-000003.txt ( ) — 190KB
• rost-20240130.xsd (EX-101.SCH) — 2KB
• rost-20240130_lab.xml (EX-101.LAB) — 23KB
• rost-20240130_pre.xml (EX-101.PRE) — 12KB
• rost-20240130_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On January 31, 2024, the Company issued a press release regarding the appointment of Ms. Fleming as President, Chief Merchandising Officer – dd's DISCOUNTS. The full text of the Company's press release is attached hereto as Exhibit 99.1. The information furnished with this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 January 31, 2024 Press Release by Ross Stores, Inc. 104 Cover Page Interactive Data File. (The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 31, 2024 ROSS STORES, INC. Registrant By: /s/Ken Jew Ken Jew Group Senior Vice President, General Counsel and Corporate Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR