Form 4: Burlington Stores Executive Matthew Pasch Reports Stock Transactions
SEC Form 4 Filing
Chief Human Resources Officer Matthew Pasch reports acquisition and disposal of Burlington Stores, Inc. stock related to restricted stock units and tax obligations.
Summary
- On May 1, 2025, Matthew Pasch, Chief Human Resources Officer of Burlington Stores, Inc., acquired 1,186 shares of common stock at $0.00.
- On the same day, Pasch disposed of 71 shares at $228 and another 72 shares at $228 to cover tax obligations related to vesting restricted stock units.
- On May 2, 2025, Pasch disposed of 50 shares at $236 to cover tax obligations related to vesting restricted stock units.
- Following these transactions, Pasch directly owns 8,546 shares of Burlington Stores, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of restricted stock units grant, stock acquisition, and disposal for tax obligations. |
| 05/02/2025 | Date of stock disposal for tax obligations. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Burlington Stores, Matthew Pasch, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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