Form 4: Burlington CFO's Stock Withholding for Taxes
Insider Transaction Report
Burlington Stores' CFO, Kristin Wolfe, reported the withholding of shares to cover tax obligations related to restricted stock unit vesting.
Summary
- Kristin Wolfe, Chief Financial Officer of Burlington Stores, Inc. (BURL), reported transactions involving the company's common stock.
- On August 1, 2025, a total of 2,232 shares of common stock were disposed of.
- This disposition included 2,042 shares and an additional 190 shares, both at a price of $273.18 per share.
- These shares were withheld by the company to satisfy tax withholding obligations incurred upon the vesting of restricted stock units.
- Following these transactions, Kristin Wolfe beneficially owns 22,189 shares of Burlington Stores common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation and tax obligations, which is neutral in sentiment.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This filing is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries and does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a sale initiated by the insider for personal liquidity.
Key Dates
| Date | Description |
|---|---|
| 08/01/2025 | Date of transaction where shares were disposed for tax withholding. |
| 08/05/2025 | Date the Form 4 was signed by Christopher Schaub, attorney-in-fact for Kristin Wolfe. |
Keywords
Burlington Stores, BURL, SEC Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, CFO, Kristin Wolfe
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