Form 4: Burlington Stores Executive Matthew Pasch Reports Stock Transaction
SEC Form 4 Filing
Matthew Pasch, Chief Human Resources Officer of Burlington Stores, Inc., reported a transaction involving the withholding of shares to cover tax obligations.
Summary
- On October 9, 2024, Matthew Pasch, the Chief Human Resources Officer of Burlington Stores, Inc., reported a transaction on SEC Form 4.
- The transaction involved the withholding of 32 shares of common stock at a price of $251.83 to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Pasch directly owns 7,205 shares of Burlington Stores, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to tax withholding, and does not contain any information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 10/09/2024 | Date of stock transaction (tax withholding) |
| 10/11/2024 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.