STOCK TITAN

Burlington Stores (NYSE: BURL) HR chief gets 876-share stock award

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pasch Matthew

(Last)(First)(Middle)
2006 ROUTE 130 NORTH

(Street)
BURLINGTON NEW JERSEY 08016

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Burlington Stores, Inc. [ BURL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Human Resources Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)05/01/2026A876A$0.0010,721D
Common Stock05/01/2026F(2)109D$31810,612D
Common Stock05/01/2026F(2)112D$31810,500D
Common Stock05/01/2026F(2)126D$31810,374D
Common Stock05/04/2026F(2)78D$309.2710,296D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units granted on May 1, 2026, vesting one-quarter on each of the first four anniversaries of the grant date.
2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
/s/ Christopher Schaub, as attorney-in-fact for Matthew Pasch05/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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 many Burlington Stores (BURL) shares were granted to Matthew Pasch?

Matthew Pasch was granted 876 restricted stock units on May 1, 2026. According to the filing, these RSUs vest in four equal annual installments over four years, starting on the first anniversary of the grant date, reflecting a long-term equity compensation award.

Why were Burlington Stores (BURL) shares disposed of in Matthew Pasch’s Form 4?

The Form 4 shows 425 Burlington Stores shares as dispositions solely for tax withholding. The company withheld these shares to satisfy tax obligations triggered by restricted stock unit vesting, rather than Pasch selling shares in the open market for investment or trading purposes.

At what prices were Burlington Stores (BURL) shares withheld for Matthew Pasch’s taxes?

The filing reports 347 shares withheld at $318.00 per share on May 1, 2026, and 78 shares withheld at $309.27 per share on May 4, 2026. These prices were used to value the stock withheld to satisfy Pasch’s RSU-related tax obligations.

How many Burlington Stores (BURL) shares does Matthew Pasch hold after these transactions?

After the reported grant and tax-withholding transactions, Matthew Pasch directly holds 10,296 shares of Burlington Stores common stock. This post-transaction holding figure comes from the Form 4 totals listed following the most recent transaction in the filing data.

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.