CEO Michael O’Sullivan receives stock award at Burlington (NYSE: BURL)
Rhea-AI Filing Summary
Burlington Stores, Inc. reported that Chief Executive Officer Michael B. O’Sullivan acquired 54,768 shares of common stock on February 17, 2026 through the settlement of performance-based restricted stock units granted on May 1, 2023. After this award, he directly holds 191,742 shares of Burlington Stores common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 54,768 shares
Net Buy
1 txn
Insider
O SULLIVAN MICHAEL B
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 54,768 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 191,742 shares (Direct)
Footnotes (1)
- F1. Shares acquired upon the settlement of performance-based restricted stock unit awards granted by the Company to the reporting person on May 1, 2023.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Burlington Stores (BURL) CEO report in this Form 4?
Burlington Stores CEO Michael B. O’Sullivan reported acquiring 54,768 shares of common stock. The shares were received as a performance-based restricted stock unit award granted on May 1, 2023 and settled on February 17, 2026.
Was the Burlington Stores (BURL) CEO stock transaction a purchase or an award?
The Burlington Stores CEO transaction was an award, not an open-market purchase. He acquired 54,768 shares at no stated purchase price through settlement of performance-based restricted stock units granted on May 1, 2023.