Form 4: Director Paul Sullivan Receives BURL Stock Grant
Statement of Changes in Beneficial Ownership
Burlington Stores, Inc. director Paul Sullivan acquired 596 restricted stock units as part of an equity compensation grant.
Summary
- Director Paul Sullivan was granted 596 restricted stock units (RSUs) of Burlington Stores, Inc. (BURL) common stock.
- The transaction occurred on May 20, 2026.
- The shares were acquired at a price of $0.00 per share, representing an equity compensation award.
- Following this transaction, Paul Sullivan's total beneficial ownership of BURL common stock increased to 8,647 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- The grant aligns the director's interests with those of shareholders through equity ownership.
Negatives
- None identified.
Risks
- The value of the equity grant is subject to future market fluctuations in BURL stock price.
Future Outlook
The restricted stock units are scheduled to vest 100% on the first anniversary of the grant date, May 20, 2027.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the retail sector to ensure long-term alignment with shareholder interests.
Comparison to Industry Standards
- The grant of restricted stock units is consistent with standard executive and director compensation packages among large-cap retail companies like TJX Companies and Ross Stores.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation award.
Next Steps
- Vesting of the 596 restricted stock units on May 20, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the RSU grant transaction. |
| 05/22/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Burlington Stores, BURL, Form 4, Insider Trading, Equity Compensation, Director
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.