Form 4: Burlington Stores COO Reports Share Sales

Burlington Stores' President and COO, Travis Marquette, reported the sale of 84 shares and the withholding of 182 shares for tax obligations under a pre-arranged trading plan.

Summary

• Travis Marquette, President and COO of Burlington Stores, Inc. (BURL), reported changes in his beneficial ownership of common stock.
• On October 6, 2025, 182 shares were disposed of at a price of $262.37 to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
• On October 7, 2025, a total of 84 shares were sold in multiple transactions pursuant to a Rule 10b5-1 trading plan adopted on June 11, 2025.
• These sales occurred at weighted average prices of $260.78 (47 shares), $261.67 (24 shares), and $262.84 (13 shares).
• Following these transactions, Marquette's direct beneficial ownership stands at 22,592 shares of Burlington Stores, Inc. common stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions, including tax-related withholdings and pre-scheduled sales under a 10b5-1 plan, which are generally neutral in sentiment as they do not typically convey new information about the company's prospects.

Future Outlook

This filing is a report of insider transactions and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This Form 4 filing reports routine insider transactions for an executive at a publicly traded retail company. Such filings are standard disclosures and typically do not reflect broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: The reported transactions are routine insider disclosures and are unlikely to have a significant impact on the company's operational or strategic direction.
• Employees, customers, suppliers, creditors: No direct impact from this filing.

Key Dates

Keywords

Burlington Stores, BURL, insider transaction, Form 4, stock sale, executive compensation, 10b5-1 plan