STOCK TITAN

Burlington Stores (NYSE: BURL) awards 6,551 RSUs to senior executive

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

Rhea-AI Filing Summary

Burlington Stores, Inc. reported that Group President and CMO Jennifer Vecchio received a grant of 6,551 restricted stock units of common stock on May 1, 2026. According to the filing, these RSUs vest in four equal annual installments on each of the first four anniversaries of the grant date.

On the same date, a total of 4,030 shares of common stock were disposed of in several transactions coded "F" at prices around $318 per share, and a further 791 shares were disposed of on May 4, 2026 at $309.27 per share. Footnotes state these shares were withheld to satisfy tax withholding obligations related to RSU vesting, rather than open‑market sales. After these transactions, Vecchio directly held 81,017 shares, with additional indirect holdings of 186 shares each as UTMA custodian for her daughter and son.

Positive

  • None.

Negative

  • None.
Insider Vecchio Jennifer
Role Group President and CMO
Type Security Shares Price Value
Tax Withholding Common Stock 791 $309.27 $245K
Grant/Award Common Stock 6,551 $0.00 --
Tax Withholding Common Stock 1,102 $318.00 $350K
Tax Withholding Common Stock 1,005 $318.00 $320K
Tax Withholding Common Stock 1,132 $318.00 $360K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 81,017 shares (Direct, null); Common Stock — 186 shares (Indirect, By reporting person as UTMA custodian for son)
Footnotes (1)
  1. Restricted stock units granted on May 1, 2026, vesting one-quarter on each of the first four anniversaries of the grant date. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
RSU grant size 6,551 shares Restricted stock units granted on May 1, 2026
Tax-withholding shares 4,030 shares Shares withheld for taxes on May 1, 2026
Additional tax-withholding shares 791 shares Shares withheld for taxes on May 4, 2026
Tax-withholding price $318.00 per share Price used for several F-code dispositions on May 1, 2026
Tax-withholding price $309.27 per share Price used for F-code disposition on May 4, 2026
Direct holdings after transactions 81,017 shares Direct common stock owned after May 4, 2026 transaction
Indirect holdings per child 186 shares UTMA custodian holdings for each of daughter and son
restricted stock units financial
"Restricted stock units granted on May 1, 2026, vesting one-quarter on each of the first four anniversaries"
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 in connection with the vesting of restricted stock units"
UTMA custodian financial
"By reporting person as UTMA custodian for daughter"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
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*
Vecchio Jennifer

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Group President and CMO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
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)05/01/2026A6,551A$0.0085,047D
Common Stock05/01/2026F(2)1,102D$31883,945D
Common Stock05/01/2026F(2)1,005D$31882,940D
Common Stock05/01/2026F(2)1,132D$31881,808D
Common Stock05/04/2026F(2)791D$309.2781,017D
Common Stock186IBy reporting person as UTMA custodian for son
Common Stock186IBy reporting person as UTMA custodian for daughter
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 1, 2026, vesting one-quarter on each of the first four anniversaries of the grant date.
2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
/s/ Christopher Schaub, as attorney-in-fact for Jennifer Vecchio05/05/2026
** 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 did Burlington Stores (BURL) disclose about Jennifer Vecchio’s new equity award?

Burlington Stores disclosed that Group President and CMO Jennifer Vecchio received a grant of 6,551 restricted stock units on May 1, 2026. The RSUs vest in four equal annual installments over four years, aligning her compensation with long-term company performance and share value.

How do the 6,551 RSUs granted to Burlington Stores’ executive vest over time?

The 6,551 restricted stock units granted to Jennifer Vecchio vest one-quarter on each of the first four anniversaries of the May 1, 2026 grant date. This four-year vesting schedule encourages continued service and links her realized compensation to Burlington Stores’ long-term stock performance.

Were the Burlington Stores (BURL) Form 4 share dispositions open-market sales?

The Form 4 indicates the share dispositions were tax-withholding transactions, not open-market sales. A total of 4,030 shares on May 1, 2026 and 791 shares on May 4, 2026 were withheld to cover tax obligations triggered by RSU vesting, according to the filing footnotes.

How many Burlington Stores shares does Jennifer Vecchio hold after these Form 4 transactions?

After the reported transactions, Jennifer Vecchio directly holds 81,017 shares of Burlington Stores common stock. The filing also shows 186 shares held indirectly for her daughter and 186 shares for her son as UTMA custodian, reflecting additional indirect ownership positions.

What share prices were used for the tax-withholding dispositions in Burlington Stores’ Form 4?

The tax-withholding dispositions occurred at prices around $318.00 per share on May 1, 2026 and $309.27 per share on May 4, 2026. These prices are used to value the shares withheld to satisfy tax obligations associated with the vesting of restricted stock units.

How many Burlington Stores shares were withheld for Jennifer Vecchio’s tax obligations?

In total, 4,030 shares were withheld on May 1, 2026 and an additional 791 shares on May 4, 2026, based on Form 4 entries coded “F.” The filing explains that these shares covered tax withholding obligations tied to the vesting of previously granted restricted stock units.