Burlington Stores (NYSE: BURL) director awarded 596 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goodman Shira reported acquisition or exercise transactions in this Form 4 filing.
Burlington Stores, Inc. director Shira Goodman received a grant of 596 shares of common stock in the form of restricted stock units on May 20, 2026. The award has no purchase price and vests 100% on the first anniversary of the grant date. Following this grant, she holds 1,485 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goodman Shira
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 596 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,485 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 596 shares
Grant price: $0.00 per share
Holdings after grant: 1,485 shares
+1 more
4 metrics
Equity award size
596 shares
Restricted stock units granted on May 20, 2026
Grant price
$0.00 per share
Compensation-related RSU grant
Holdings after grant
1,485 shares
Total Burlington Stores common stock directly held post-transaction
Vesting schedule
100% after one year
RSUs vest on first anniversary of May 20, 2026 grant date
Key Terms
Restricted stock units, grant date, transaction code "A"
3 terms
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 date financial
"vesting 100% on the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
transaction code "A" regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Burlington Stores (BURL) report for Shira Goodman?
Burlington Stores reported that director Shira Goodman received a grant of 596 restricted stock units on May 20, 2026. These units represent shares of common stock subject to vesting conditions rather than an open-market purchase or sale.
Was Shira Goodman’s Burlington Stores (BURL) equity award an open-market purchase?
No. The Form 4 shows a grant of 596 restricted stock units at a price of $0.00 per share. This indicates a compensation-related equity award from the company, not an open-market purchase transaction by the director.
When do Shira Goodman’s new Burlington Stores (BURL) restricted stock units vest?
The restricted stock units granted to Shira Goodman vest 100% on the first anniversary of the May 20, 2026 grant date. She will receive the underlying common shares only after this one-year vesting period is satisfied.
What does transaction code "A" mean in the Burlington Stores (BURL) Form 4?
Transaction code "A" indicates a grant, award, or other acquisition of securities. In this case, it reflects Burlington Stores granting 596 restricted stock units to director Shira Goodman as part of her compensation, rather than a purchase on the market.