Form 4: Burlington Stores CFO Kristin Wolfe Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kristin Wolfe, CFO of Burlington Stores, reports the disposition of 1,383 shares of common stock to cover tax obligations related to settled performance-based restricted stock units.
Summary
- On March 21, 2025, Kristin Wolfe, the Chief Financial Officer of Burlington Stores, Inc., reported a transaction involving the disposition of 1,383 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the settlement of performance-based restricted stock unit awards.
- Following the transaction, Wolfe directly owns 19,918 shares of Burlington Stores, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine adjustment of executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of transaction: Disposition of shares to cover tax obligations. |
| 03/25/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Kristin Wolfe, Burlington Stores, BURL, CFO, Tax Withholding, Restricted Stock Units
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