Burlington Stores (NYSE: BURL) HR chief gets 876-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burlington Stores, Inc. Chief Human Resources Officer Matthew Pasch reported routine equity compensation activity in company stock. On May 1, 2026, he received a grant of 876 restricted stock units, which vest in four equal annual installments on each of the first four anniversaries of the grant date.
In connection with the vesting of restricted stock units, a total of 425 shares of Common Stock were withheld to satisfy tax withholding obligations, including 347 shares on May 1, 2026 at $318.00 per share and 78 shares on May 4, 2026 at $309.27 per share. Following these transactions, Pasch directly holds 10,296 shares of Burlington Stores common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Pasch Matthew
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 78 | $309.27 | $24K |
| Grant/Award | Common Stock | 876 | $0.00 | -- |
| Tax Withholding | Common Stock | 109 | $318.00 | $35K |
| Tax Withholding | Common Stock | 112 | $318.00 | $36K |
| Tax Withholding | Common Stock | 126 | $318.00 | $40K |
Holdings After Transaction:
Common Stock — 10,296 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: 876 shares
Tax withholding shares: 425 shares
Tax withholding price (May 1): $318.00 per share
+3 more
6 metrics
RSU grant
876 shares
Restricted stock units granted on May 1, 2026
Tax withholding shares
425 shares
Shares withheld to satisfy RSU tax obligations
Tax withholding price (May 1)
$318.00 per share
347 shares withheld on May 1, 2026
Tax withholding price (May 4)
$309.27 per share
78 shares withheld on May 4, 2026
Post-transaction holdings
10,296 shares
Common Stock directly held after latest transaction
Tax-withholding transactions
4 transactions
Code F dispositions related to RSU vesting
Key Terms
Restricted stock units, tax withholding obligations, grant, award, or other acquisition, Common Stock
4 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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transactions did Burlington Stores (BURL) report for Matthew Pasch?
Burlington Stores reported that Chief Human Resources Officer Matthew Pasch received a grant of 876 restricted stock units and had 425 shares of Common Stock withheld to cover tax obligations related to RSU vesting. These are compensation and tax events, not open‑market trades.
How do Matthew Pasch’s Burlington Stores (BURL) RSUs vest over time?
The 876 restricted stock units granted to Matthew Pasch on May 1, 2026 vest in four equal installments. One-quarter of the RSUs vest on each of the first four anniversaries of the grant date, creating a four-year, time-based vesting schedule tied to continued service.