Form 4: Burlington Stores COO Travis Marquette Reports Stock Transactions

Travis Marquette, President and COO of Burlington Stores, Inc., reports the acquisition and disposition of company stock, including sales executed under a Rule 10b5-1 trading plan.

Summary

• On May 1, 2025, Travis Marquette acquired 5,981 shares of Burlington Stores common stock.
• Also on May 1, 2025, 482 shares were disposed of at $228 per share and another 694 shares were disposed of at $228 per share to cover tax obligations related to vesting restricted stock units.
• Between May 1 and May 2, 2025, Marquette sold a total of 538 shares of common stock at prices ranging from $231.31 to $235.29.
• These transactions were made pursuant to a Rule 10b5-1 trading plan adopted on June 21, 2024.
• Following these transactions, Marquette directly owns 23,048 shares of Burlington Stores common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider. It provides transparency to the market regarding the buying and selling activities of key executives.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders, potentially creating downward pressure on the stock price, but the impact is likely minimal due to the relatively small volume of shares sold.

Key Dates

Keywords

Form 4, Burlington Stores, Travis Marquette, Stock Sale, Rule 10b5-1, Insider Trading, Equity Securities, COO, BURL