Burlington director gifts 6,048 company shares
Burlington Stores, Inc. director William P. McNamara reported a charitable transfer of company stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Burlington Stores, Inc. director William P. McNamara reported a charitable transfer of company stock. A revocable trust associated with him made a bona fide gift of 6,048 shares of Common Stock on June 22, 2026.
The gifted shares were indirectly held through the William P. McNamara, Jr. Revocable Trust, for which he serves as trustee and whose beneficiaries are himself and his immediate family. After the gift, he holds 4,881 shares indirectly through the trust and 1,254 shares directly. This is a non-cash, charitable transaction rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 6,048 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The reported transaction represents a gift/charitable donation of securities indirectly held by the reporting person through the William P. McNamara, Jr. Revocable Trust.
- F2. The reporting person is the trustee of, and the reporting person and members of his immediate family are the sole beneficiaries of, the William P. McNamara, Jr. Revocable Trust.
Key Figures
Key Terms
bona fide gift financial
Revocable Trust financial
indirectly held financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BURL director William P. McNamara report?
Was the Burlington Stores (BURL) transaction an open-market sale or a gift?
What is the William P. McNamara, Jr. Revocable Trust mentioned in the BURL filing?
Does this Burlington Stores (BURL) Form 4 indicate any stock purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.