[Form 4] Burlington Stores, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Jennifer Vecchio, Group President and Chief Marketing Officer of Burlington Stores, Inc. (BURL), reported sales of company common stock on 10/01/2025. The Form 4 shows two sale transactions executed at weighted-average prices of $253.47 and $254.50, for a total of 419 shares sold. The filing states the sales were made pursuant to a Rule 10b5-1 trading plan adopted March 18, 2025. After the reported transactions the Form 4 lists beneficial ownership figures of 64,400 and 64,170 shares on the two reporting lines, and discloses 186 shares held indirectly as UTMA custodian for a son and 186 shares held indirectly as UTMA custodian for a daughter. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
Positive
- Sales executed under a Rule 10b5-1 plan, indicating pre-arranged trading
- Form 4 filed and signed, providing transparent insider transaction disclosure
Negative
- Insider sold a total of 419 shares on 10/01/2025, reducing direct beneficial ownership as reported
- Weighted-average sale prices of $253.47 and $254.50 indicate disposition at current market levels
Insights
Insider sale of 419 shares completed under a pre-set Rule 10b5-1 plan on 10/01/2025.
The filing documents two separate sale events totaling 419 shares at weighted-average prices of $253.47 and $254.50. The seller is Jennifer Vecchio, Group President and CMO, and the Form states the transactions were executed under a Rule 10b5-1 trading plan adopted on March 18, 2025. A Rule 10b5-1 plan indicates the trades were pre-arranged, which provides an affirmative defense against allegations of trading on material non-public information when the plan was adopted in good faith.
The report also discloses 186 shares held in UTMA accounts for each of two children, reported as indirect holdings. The disclosure was signed by an attorney-in-fact on 10/03/2025, consistent with timely Form 4 filing practice.