Form 4: Burlington Stores COO Travis Marquette Reports Stock Transaction
SEC Form 4 Filing
Travis Marquette, President and COO of Burlington Stores, Inc., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On May 3, 2024, Travis Marquette, the President and COO of Burlington Stores, Inc., disposed of 1,885 shares of common stock.
- The disposition was to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $185.68.
- Following the transaction, Marquette directly owns 19,265 shares of Burlington Stores, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock transaction: disposition of 1,885 shares. |
| 05/07/2024 | Date of signature for the Form 4 filing. |
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