Burlington Stores (BURL) director granted 596 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burlington Stores director William P. McNamara Jr. reported a compensation-related equity grant and his current shareholdings. He received 596 shares of common stock in the form of restricted stock units at $0.00 per share, classified as a grant or award acquisition.
The RSUs were granted on May 20, 2026 and will vest 100% on the first anniversary of the grant date. Following this grant, he holds 1,254 shares of common stock directly and 10,929 shares indirectly through the William P. McNamara, Jr. Revocable Trust, where he serves as trustee and his immediate family are the sole beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MCNAMARA WILLIAM P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 596 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,254 shares (Direct, null);
Common Stock — 10,929 shares (Indirect, By the William P. McNamara, Jr. Revocable Trust)
Footnotes (1)
- Restricted stock units granted on May 20, 2026, vesting 100% on the first anniversary of the grant date. The reporting person is the trustee of, and the reporting person and members of his immediate family are the sole beneficiaries of, the William P. McNamara, Jr. Revocable Trust.
Key Figures
RSU grant size: 596 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 1,254 shares
+2 more
5 metrics
RSU grant size
596 shares
Restricted stock units granted on May 20, 2026
Grant price per share
$0.00 per share
Equity award, not open-market purchase
Direct holdings after grant
1,254 shares
Common stock directly held after transaction
Indirect holdings via trust
10,929 shares
Held through William P. McNamara, Jr. Revocable Trust
Vesting schedule
100% after one year
RSUs vest on first anniversary of May 20, 2026 grant
Key Terms
Restricted stock units, Grant, award, or other acquisition, Revocable Trust, Indirect ownership, +1 more
5 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""
Revocable Trust financial
"the William P. McNamara, Jr. Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Indirect ownership financial
"ownership_type": "indirect""
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) report for William P. McNamara Jr.?
Burlington Stores reported a grant of 596 shares of common stock to director William P. McNamara Jr. The shares were awarded as restricted stock units at $0.00 per share as part of compensation, rather than an open-market purchase or sale.
When do William P. McNamara Jr.’s new Burlington Stores (BURL) RSUs vest?
The restricted stock units granted to William P. McNamara Jr. on May 20, 2026 vest 100% on the first anniversary of the grant date. This means the entire RSU award becomes fully vested after one year, subject to the grant’s terms.
Is William P. McNamara Jr.’s Burlington Stores (BURL) Form 4 transaction a market buy or sell?
The filing describes a grant or award acquisition, not a market buy or sell. Code “A” indicates 596 shares were received as restricted stock units at $0.00 per share, reflecting equity compensation rather than an open-market transaction.