Burlington (BURL) CHRO Pasch reports 3-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burlington Stores, Inc. Chief Human Resources Officer Matthew Pasch reported an automatic share withholding tied to equity compensation. On 02/02/2026, 3 shares of common stock were withheld at a price of $298.68 per share to cover tax obligations from vesting restricted stock units. Following this tax withholding event, Pasch directly beneficially owned 7,940 shares of Burlington Stores common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pasch Matthew
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3 | $298.68 | $896.04 |
Holdings After Transaction:
Common Stock — 7,940 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Burlington Stores (BURL) report for Matthew Pasch?
Burlington Stores reported that Chief Human Resources Officer Matthew Pasch had 3 shares of common stock withheld. These shares were used to satisfy tax withholding obligations related to vesting restricted stock units on February 2, 2026, rather than a discretionary open-market sale.
Was the Burlington Stores (BURL) Form 4 transaction an open-market sale?
No, the Form 4 shows shares withheld for taxes, not an open-market sale. Three shares of common stock were retained by the company at $298.68 per share to cover tax obligations from restricted stock unit vesting.
Who is the insider involved in this Burlington Stores (BURL) Form 4 filing?
The insider is Matthew Pasch, Burlington Stores’ Chief Human Resources Officer. He is a reporting person under Section 16 and filed this Form 4 to disclose shares withheld to cover taxes from the vesting of his restricted stock units.
Does the Burlington Stores (BURL) Form 4 indicate indirect ownership or third-party entities?
No, the transaction is reported as directly owned by Matthew Pasch, with ownership form marked as "D". There is no indication of trusts, LLCs, or other entities, and no footnote disclaims his beneficial ownership or voting and investment authority.