Director at Burlington Stores (NYSE: BURL) receives 596-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burlington Stores, Inc. director Michael Goodwin reported a compensation-related equity grant. He acquired 596 shares of common stock through a grant of restricted stock units on May 20, 2026, at no cash cost to him. These restricted stock units vest 100% on the first anniversary of the grant date. After this award, Goodwin directly holds 4,492 shares of Burlington Stores common stock as reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goodwin Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 596 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,492 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 596 shares
Transaction price: $0.0000 per share
Shares held after: 4,492 shares
+1 more
4 metrics
RSUs granted
596 shares
Restricted stock units granted on May 20, 2026
Transaction price
$0.0000 per share
Stated price for RSU grant
Shares held after
4,492 shares
Common stock directly held after grant
Vesting schedule
100% after one year
RSUs vest on first anniversary of May 20, 2026
Key Terms
restricted stock units, grant, award, or other acquisition, Form 4
3 terms
restricted stock units financial
"Restricted stock units granted on May 20, 2026, vesting 100% on the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Burlington Stores (BURL) director Michael Goodwin report?
Director Michael Goodwin reported receiving 596 shares of Burlington Stores common stock as a grant of restricted stock units. The award is compensation-related, carries no purchase price, and increases his directly held position to 4,492 shares after the transaction.
What type of equity award did Michael Goodwin receive from Burlington Stores (BURL)?
Michael Goodwin received a grant of restricted stock units tied to Burlington Stores common stock. The Form 4 describes the transaction as a grant, award, or other acquisition, with 596 units that convert into shares upon vesting, rather than being bought in the open market.
When do Michael Goodwin’s Burlington Stores (BURL) restricted stock units vest?
The restricted stock units granted to Michael Goodwin on May 20, 2026, vest 100% on the first anniversary of the grant date. This means the entire award is scheduled to vest one year after May 20, 2026, assuming any applicable conditions are met.
What does the Form 4 transaction code "A" mean for Burlington Stores (BURL)?
In this Burlington Stores Form 4, transaction code "A" indicates a grant, award, or other acquisition of securities. Here, it corresponds to Michael Goodwin receiving 596 restricted stock units, rather than purchasing shares in the open market or selling any existing holdings.