Burlington Stores (NYSE: BURL) COO receives 14,760-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burlington Stores, Inc. reported that President and COO Travis Marquette acquired 14,760 shares of common stock on February 17, 2026. The shares were received at no cash cost as part of a grant, award, or other acquisition transaction.
According to the footnote, these shares were acquired upon settlement of performance-based restricted stock unit awards originally granted on May 1, 2023. After this award, Marquette directly holds a total of 37,352 shares of Burlington Stores common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marquette Travis
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,760 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,352 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Burlington Stores (BURL) disclose for Travis Marquette?
Burlington Stores disclosed that President and COO Travis Marquette acquired 14,760 shares of common stock. The acquisition was recorded as a grant or award, with no cash purchase price, increasing his directly held Burlington Stores share balance to 37,352 shares after the transaction.
What is the nature of the Burlington Stores (BURL) stock received by Travis Marquette?
The stock received by Travis Marquette represents common shares acquired upon settlement of performance-based restricted stock unit awards. These RSUs were originally granted to him on May 1, 2023 and converted into 14,760 Burlington Stores common shares as shown in the Form 4.
What role does Travis Marquette hold at Burlington Stores (BURL)?
Travis Marquette serves as President and Chief Operating Officer of Burlington Stores. His position is identified in the Form 4, which reports his acquisition of 14,760 common shares through the settlement of performance-based restricted stock unit awards granted in 2023.