Burlington Stores (BURL) CFO awarded RSUs as 1,199 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burlington Stores, Inc. Chief Financial Officer Kristin Wolfe reported routine equity compensation and related tax withholding transactions in company common stock. On May 1, 2026, she received a grant of 2,972 restricted stock units, which vest in four equal annual installments starting on the first anniversary of the grant date.
On the same date, Wolfe had a total of 1,199 shares of common stock withheld to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock units, at a price of $318.00 per share. These F-code transactions are tax-withholding dispositions, not open-market sales. Following these transactions, one reported line shows Wolfe directly owning 31,023 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Wolfe Kristin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,972 | $0.00 | -- |
| Tax Withholding | Common Stock | 291 | $318.00 | $93K |
| Tax Withholding | Common Stock | 324 | $318.00 | $103K |
| Tax Withholding | Common Stock | 584 | $318.00 | $186K |
Holdings After Transaction:
Common Stock — 31,023 shares (Direct, null)
Footnotes (1)
- Restricted stock units granted on May 1, 2026, vesting one-quarter on each of the first four anniversaries of the grant date. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
Key Figures
RSU grant size: 2,972 shares
Tax-withheld shares: 1,199 shares
Withholding share price: $318.00 per share
+2 more
5 metrics
RSU grant size
2,972 shares
Restricted stock units granted on May 1, 2026
Tax-withheld shares
1,199 shares
Shares withheld for tax obligations on RSU vesting
Withholding share price
$318.00 per share
Price used for tax-withholding dispositions
Direct holdings after transactions
31,023 shares
Common stock directly owned after May 1, 2026 transactions
RSU vesting schedule
1/4 per year over 4 years
Vesting on each of first four anniversaries of grant
Key Terms
restricted stock units, vesting, tax withholding obligations, Form 4, +1 more
5 terms
restricted stock units financial
"Restricted stock units granted on May 1, 2026, vesting one-quarter on each"
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.
vesting financial
"vesting one-quarter on each of the first four anniversaries of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""