Burlington Stores (BURL) CMO reports insider stock sales via 10b5-1 plan
Rhea-AI Filing Summary
Burlington Stores, Inc. reported insider stock sales by its Group President and Chief Merchandising Officer on 01/02/2026. The officer, filing individually, executed several open-market sales of common stock, marked with transaction code "S" for sales, at prices ranging from $287.24 to $298.10 per share. These trades were made under a Rule 10b5-1 trading plan that the insider adopted on March 18, 2025, meaning the transactions followed a pre-arranged schedule.
After the reported sales, the officer directly owned 62,913 shares of Burlington Stores common stock. In addition, the officer held 186 shares in each of two indirect accounts as custodian for a son and a daughter under UTMA arrangements, which are reported as indirect beneficial ownership.
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FAQ
What insider transaction did Burlington Stores (BURL) disclose?
An executive of Burlington Stores, Inc., serving as Group President and Chief Merchandising Officer, disclosed multiple open-market sales of the company’s common stock on 01/02/2026.
At what prices were Burlington Stores (BURL) shares sold by the executive?
The reported sales of common stock occurred at prices ranging from $287.24 to $298.10 per share on 01/02/2026, based on individual and weighted-average prices listed in the transaction table.
How many Burlington Stores shares does the reporting person own after the transactions?
Following the reported sales, the executive directly owned 62,913 shares of Burlington Stores common stock and indirectly held 186 shares in each of two UTMA custodial accounts for a son and a daughter.
Was the Burlington Stores insider sale made under a Rule 10b5-1 plan?
Yes. The explanation states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 18, 2025, and the form allows checking a box indicating a Rule 10b5-1(c) plan.
What is the reporting person’s relationship to Burlington Stores (BURL)?
The reporting person is identified as an officer of Burlington Stores, Inc., with the title Group President and CMO (Chief Merchandising Officer), and filed the form as a single reporting person.
Were any derivative securities reported for this Burlington Stores insider?
No derivative securities are listed with amounts in the completed section. The populated activity relates only to non-derivative common stock transactions in Table I.