Form 4: Burlington Stores Executive Matthew Pasch Reports Stock Transaction
SEC Form 4 Filing
Chief Human Resources Officer Matthew Pasch reports disposition of 57 shares of Burlington Stores, Inc. stock to cover tax obligations.
Summary
- On March 21, 2024, Matthew Pasch, Chief Human Resources Officer of Burlington Stores, Inc., reported a transaction involving the disposition of 57 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the settlement of performance-based restricted stock unit awards.
- Following the transaction, Pasch directly owns 7,263 shares of Burlington Stores, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, and has a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine executive stock transaction.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock transaction (disposition of shares). |
| 03/25/2024 | Date of signature for the Form 4 filing. |
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