Form 4: Burlington Stores SVP, Chief Accounting Officer Stephen Ferroni Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Stephen Ferroni, SVP, Chief Accounting Officer of Burlington Stores, Inc., reported disposing of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 3, 2024, Stephen Ferroni, the SVP, Chief Accounting Officer of Burlington Stores, Inc., disposed of 240 shares of common stock at a price of $185.68 to cover tax obligations.
- An additional 13 shares were disposed of at the same price for the same reason.
- Following these transactions, Ferroni directly owns 3,328 shares of Burlington Stores, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders trade their company's stock. These filings provide transparency into the transactions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock disposal transactions. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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.