Form 4: Burlington Stores Executive Reports Routine Stock Disposition for Tax Obligations

Jennifer Vecchio, Group President and CMO of Burlington Stores, Inc., reported a disposition of 212 shares of common stock to satisfy tax withholding obligations related to restricted stock unit vesting.

Summary

• Jennifer Vecchio, Group President and CMO of Burlington Stores, Inc. (BURL), filed a Form 4 reporting changes in her beneficial ownership.
• On June 9, 2025, Ms. Vecchio disposed of 212 shares of Burlington Stores Common Stock.
• This disposition was executed at a price of $246.94 per share.
• The transaction code 'F' indicates that these shares were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
• Following this transaction, Ms. Vecchio directly beneficially owns 65,849 shares of Common Stock.
• Additionally, she indirectly beneficially owns 186 shares as UTMA custodian for her son and 186 shares as UTMA custodian for her daughter.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding related to RSU vesting, which is a neutral event from an investment sentiment perspective and does not indicate a discretionary sale by the insider.

Future Outlook

N/A as this is an insider transaction report detailing past stock ownership changes, not forward-looking statements or guidance.

Industry Context

N/A as this is an insider transaction report detailing a specific executive's stock ownership changes, not broader industry trends or competitive analysis.

Key Dates

Keywords

Burlington Stores, BURL, SEC Form 4, Insider Transaction, Jennifer Vecchio, Stock Ownership, Tax Withholding, Restricted Stock Units