Burlington Stores (NYSE: BURL) CFO withholds 216 shares for taxes
Rhea-AI Filing Summary
Burlington Stores, Inc. Chief Financial Officer Kristin Wolfe reported a tax-withholding disposition of 216 shares of Common Stock on August 3, 2026, at $368.23 per share, to satisfy tax obligations upon vesting of restricted stock units; she continues to hold 26,676 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 216 shares
Net Sell
1 txn
Insider
Wolfe Kristin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 216 | $368.23 | $80K |
Holdings After Transaction:
Common Stock — 26,676 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 216.0000 shares
Per-share value for tax withholding: $368.2300 per share
Shares held after transaction: 26676.0000 shares
+1 more
4 metrics
Shares withheld for taxes
216.0000 shares
Common Stock withheld on 2026-08-03 to satisfy tax withholding obligations
Per-share value for tax withholding
$368.2300 per share
Valuation applied to the 216.0000 withheld shares of Common Stock
Shares held after transaction
26676.0000 shares
Direct Common Stock ownership by CFO Kristin Wolfe following the withholding
Tax-related transaction shares
216.0000 shares
Count of shares involved in exercise price or tax liability per transaction summary
Key Terms
restricted stock units, tax withholding obligations, Common Stock
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Burlington Stores (BURL) report for CFO Kristin Wolfe?
Burlington Stores CFO Kristin Wolfe reported a tax-withholding disposition of 216 shares of Common Stock. The shares were withheld to cover tax obligations from vesting restricted stock units, rather than sold on the open market, and are recorded as a direct ownership change.
Was Kristin Wolfe’s Burlington Stores (BURL) Form 4 transaction a market sale?
The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations from vesting restricted stock units, with no indication of a discretionary trade on an exchange.