Ross Stores, Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: ROST · Form: DEF 14A · Filed: Apr 9, 2024 · CIK: 745732
| Field | Detail |
|---|---|
| Company | Ross Stores, Inc. (ROST) |
| Form Type | DEF 14A |
| Filed Date | Apr 9, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Ross Stores, Executive Compensation, Equity Awards
TL;DR
<b>Ross Stores, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the period ending May 22, 2024.</b>
AI Summary
ROSS STORES, INC. (ROST) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. Ross Stores, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 9, 2024. The filing covers the period ending May 22, 2024. The company's fiscal year ends on February 3rd. Ross Stores, Inc. is incorporated in Delaware. The company's principal business address is 5130 Hacienda Drive, Dublin, CA 94568.
Why It Matters
For investors and stakeholders tracking ROSS STORES, INC., this filing contains several important signals. This filing is a routine requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director elections, and executive compensation. Shareholders can review details on equity awards granted, unvested, vested, and forfeited for both PEO and Non-PEO members, offering insight into executive compensation structures and performance incentives.
Risk Assessment
Risk Level: low — ROSS STORES, INC. shows low risk based on this filing. The filing is a routine DEF 14A, indicating no immediate material changes or adverse events.
Analyst Insight
Review the executive compensation details and equity award grants to understand management's incentives and potential future stock performance.
Key Numbers
- 2024-04-09 — Filing Date (DEF 14A)
- 2024-05-22 — Period of Report (DEF 14A)
- 0203 — Fiscal Year End (Company Data)
- DE — State of Incorporation (Company Data)
- 94568 — Business Zip (Company Data)
- 9259654400 — Business Phone (Company Data)
Key Players & Entities
- ROSS STORES, INC. (company) — Filer
- DEF 14A (document) — Filing Type
- 2024-04-09 (date) — Filing Date
- 2024-05-22 (date) — Period of Report
- 0000745732 (company) — Central Index Key
- 5130 HACIENDA DRIVE (address) — Business Address
- DUBLIN (location) — Business City
- CA (location) — Business State
FAQ
When did ROSS STORES, INC. file this DEF 14A?
ROSS STORES, INC. filed this Proxy Statement (DEF 14A) with the SEC on April 9, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ROSS STORES, INC. (ROST).
Where can I read the original DEF 14A filing from ROSS STORES, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ROSS STORES, INC..
What are the key takeaways from ROSS STORES, INC.'s DEF 14A?
ROSS STORES, INC. filed this DEF 14A on April 9, 2024. Key takeaways: Ross Stores, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 9, 2024.. The filing covers the period ending May 22, 2024.. The company's fiscal year ends on February 3rd..
Is ROSS STORES, INC. a risky investment based on this filing?
Based on this DEF 14A, ROSS STORES, INC. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating no immediate material changes or adverse events.
What should investors do after reading ROSS STORES, INC.'s DEF 14A?
Review the executive compensation details and equity award grants to understand management's incentives and potential future stock performance. The overall sentiment from this filing is neutral.
How does ROSS STORES, INC. compare to its industry peers?
Ross Stores, Inc. operates in the family clothing stores sector.
Are there regulatory concerns for ROSS STORES, INC.?
The filing is a DEF 14A, a standard disclosure document required under the Securities Exchange Act of 1934.
Industry Context
Ross Stores, Inc. operates in the family clothing stores sector.
Regulatory Implications
The filing is a DEF 14A, a standard disclosure document required under the Securities Exchange Act of 1934.
What Investors Should Do
- Analyze the details of equity awards granted to PEO and Non-PEO members for the fiscal years ending 2022, 2023, and 2024.
- Examine any proposed resolutions or director nominations presented in the proxy statement.
- Note the company's fiscal year end and reporting periods for future reference.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure and does not represent a change from previous filings of the same type.
Filing Stats: 4,796 words · 19 min read · ~16 pages · Grade level 10.8 · Accepted 2024-04-08 17:41:16
Key Financial Figures
- $0 — nding shares of common stock, par value $0.01, all of which are entitled to vote w
Filing Documents
- rost-20240408.htm (DEF 14A) — 851KB
- rost-20240408_g1.jpg (GRAPHIC) — 19KB
- rost-20240408_g2.jpg (GRAPHIC) — 15KB
- rost-20240408_g3.jpg (GRAPHIC) — 17KB
- rost-20240408_g4.jpg (GRAPHIC) — 147KB
- rost-20240408_g5.jpg (GRAPHIC) — 132KB
- rost-20240408_g6.jpg (GRAPHIC) — 132KB
- rost-20240408_g7.jpg (GRAPHIC) — 2429KB
- rost-20240408_g8.jpg (GRAPHIC) — 785KB
- 0000745732-24-000015.txt ( ) — 10271KB
- rost-20240408.xsd (EX-101.SCH) — 3KB
- rost-20240408_def.xml (EX-101.DEF) — 5KB
- rost-20240408_lab.xml (EX-101.LAB) — 6KB
- rost-20240408_pre.xml (EX-101.PRE) — 4KB
- rost-20240408_htm.xml (XML) — 185KB
EXECUTIVE COMPENSATION 24
EXECUTIVE COMPENSATION 24 Compensation Discussion and Analysis 24 Overview 24 Compensation Philosophy and Objectives 24 Our NEOs for Fiscal 2023 25 Oversight of the Executive Compensation Program 25 Components of the Executive Compensation Program 27 Grant Date Policy 30 Defined Contribution and Deferred Compensation Plans 30 Employment Agreements 30 Additional Executive Compensation Policies 31 Compensation Committee Report 33 Summary Compensation Table 34 Discussion of Summary Compensation Table 36 CEO Pay Ratio 36 Grants of Plan-Based Awards During Fiscal Year 36 Outstanding Equity Awards at Fiscal Year-End 38 Option Exercises and Stock Vested 39 Non-Qualified Deferred Compensation 40 Potential Payments Upon Termination or Change in Control 41 Pay Versus Performance 46 COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION 49 RELATED PERSON TRANSACTIONS 49 DELINQUENT SECTION 16(a) REPORTS 49 PROXY SOLICITATION FEES 49 TRANSACTION OF OTHER BUSINESS 50 STOCKHOLDER PROPOSALS TO BE PRESENTED AT NEXT ANNUAL MEETING 50 PROXY STATEMENT 2024 Annual Meeting of Stockholders ROSS STORES, INC. 5130 Hacienda Drive, Dublin, CA 94568 (925) 965-4400 www.rossstores.com PROXY SOLICITATION The accompanying proxy is solicited by the Board of Directors (the "Board") of Ross Stores, Inc., a Delaware corporation ("we" or the "Company"), for use at the Company's 2024 Annual Meeting of Stockholders to be held on Wednesday, May 22, 2024 at 1:30 p.m. PDT, or any adjournments or postponements thereof (the "Annual Meeting"), at which stockholders of record at the close of business on March 26, 2024 are entitled to vote. This year's Annual Meeting will be held virtually. We designed the format of our online Annual Meeting in an effort to provide stockholders who attend the Annual Meeting with equivalent opportunities to participate as they would have at an in-person meeting. You can attend the live webcast of the Annual Meeting by visiting www.virt