Form 4: Burlington Stores Executive Matthew Pasch Reports Stock Disposal for Tax Obligations

Matthew Pasch, Chief Human Resources Officer of Burlington Stores, Inc., reported disposing of 28 shares of common stock on May 5, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On May 5, 2025, Matthew Pasch, the Chief Human Resources Officer of Burlington Stores, Inc., disposed of 28 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• The shares were sold at a price of $237.04 per share.
• Following the transaction, Pasch directly owns 8,518 shares of Burlington Stores, Inc. common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating a standard transaction. There is no information to suggest a positive or negative outlook, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock. This filing indicates routine activity related to equity compensation.

Key Dates

Keywords

Form 4, Burlington Stores, Matthew Pasch, stock disposal, tax withholding, restricted stock units, beneficial ownership, BURL