Form 4: Burlington Stores Executive Matthew Pasch Reports Tax Withholding Transaction
SEC Form 4 Filing
Matthew Pasch, Chief Human Resources Officer of Burlington Stores, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to settled performance-based restricted stock units.
Summary
- On March 21, 2025, Matthew Pasch, the Chief Human Resources Officer of Burlington Stores, Inc., had shares withheld to cover tax obligations.
- This transaction involved 141 shares of common stock.
- Following the transaction, Pasch directly owns 7,553 shares of Burlington Stores, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and it doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the stock's price and investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of transaction involving tax withholding of shares. |
| 03/25/2025 | Date of signature on the report. |
Keywords
Form 4, Burlington Stores, Matthew Pasch, Chief Human Resources Officer, Tax Withholding, Restricted Stock Units, Beneficial Ownership, BURL
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