STOCK TITAN

Burlington Stores (BURL) director receives 596-share stock grant in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sullivan Paul reported acquisition or exercise transactions in this Form 4 filing.

Burlington Stores director Paul Sullivan reported a stock-based compensation grant. He received 596 shares of Burlington Stores common stock on May 20, 2026 at no cash cost, recorded as a grant or award rather than an open-market purchase.

These shares are in the form of restricted stock units that vest 100% on the first anniversary of the grant date, meaning they must be held until that time before fully owned. After this award, Sullivan directly holds 8,647 shares of Burlington Stores common stock.

Positive

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Insider Sullivan Paul
Role null
Type Security Shares Price Value
Grant/Award Common Stock 596 $0.00 --
Holdings After Transaction: Common Stock — 8,647 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 596 shares Restricted stock unit grant on May 20, 2026
Grant price per share $0.00 per share Stock-based compensation award, not open-market purchase
Shares held after grant 8,647 shares Total direct Burlington Stores holdings after transaction
Grant vesting 100% after one year Restricted stock units vest on first anniversary of May 20, 2026
Restricted stock units financial
"Restricted stock units granted on May 20, 2026, vesting 100% on the first anniversary"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting financial
"vestsing 100% on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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*
Sullivan Paul

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
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)05/20/2026A596A$0.008,647D
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 20, 2026, vesting 100% on the first anniversary of the grant date.
/s/ Christopher Schaub, as attorney-in-fact for Paul Sullivan05/22/2026
** 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 transaction did Burlington Stores (BURL) report for Paul Sullivan?

Burlington Stores reported that director Paul Sullivan received 596 shares of common stock as a grant on May 20, 2026. The shares were awarded at no cash cost as part of his equity compensation, not bought in the open market.

How many Burlington Stores (BURL) shares did Paul Sullivan receive and at what price?

Paul Sullivan received 596 shares of Burlington Stores common stock in this transaction at a stated price of $0.00 per share. This reflects a stock-based compensation grant or award, rather than a market purchase funded with cash.

What is the vesting schedule for Paul Sullivan’s new Burlington Stores (BURL) restricted stock units?

The restricted stock units granted to Paul Sullivan on May 20, 2026 vest 100% on the first anniversary of the grant date. He must remain eligible through that one-year period before the full award becomes unrestricted and fully his.

How many Burlington Stores (BURL) shares does Paul Sullivan hold after this Form 4 transaction?

Following the reported grant, Paul Sullivan directly holds 8,647 shares of Burlington Stores common stock. This total includes the newly awarded 596-share grant, which is subject to vesting over one year from the May 20, 2026 grant date.

Was Paul Sullivan’s Burlington Stores (BURL) transaction an open-market buy or a compensation grant?

The transaction was a compensation-related grant, not an open-market buy. The Form 4 lists transaction code "A" and describes it as a grant, award, or other acquisition of 596 shares at $0.00 per share, tied to restricted stock units.