Burlington Stores COO sells 3,759 shares
Burlington Stores, Inc. President and COO Travis Marquette reported open-market sales of company common stock and a tax-related share withholding.
Rhea-AI Filing Summary
Burlington Stores, Inc. President and COO Travis Marquette reported open-market sales of company common stock and a tax-related share withholding. On March 24, 2026, he sold a total of 3,759 shares in several transactions at prices around $326.85–$329.91 per share under a pre-arranged Rule 10b5-1 trading plan adopted on June 11, 2025. On March 23, 2026, 7,243 shares were withheld to cover tax obligations related to performance-based restricted stock unit awards. Following these transactions, he directly holds 26,350 shares of Burlington Stores common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,303 | $326.85 | $426K |
| Sale | Common Stock | 1,535 | $327.64 | $503K |
| Sale | Common Stock | 787 | $329.08 | $259K |
| Sale | Common Stock | 134 | $329.91 | $44K |
| Exercise Price or Tax Liability | Common Stock | 7,243 | $0.00 | $0.00 |
Footnotes (6)
- F1. Represents shares withheld to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit awards.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.36 to $327.28. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F3. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.36 to $328.18. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.71 to $329.55. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $329.79 and $330.12. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Burlington Stores (BURL) report for Travis Marquette?
Were Burlington Stores COO’s stock sales made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.