Burlington Stores (NYSE: BURL) COO sells shares and receives RSUs

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Burlington Stores, Inc. President and COO Marquette Travis reported several equity transactions in common stock. On May 1, 2026, Travis received a grant of 4,417 restricted stock units that vest in four equal annual installments starting one year after the grant date.

To cover tax obligations from RSU vesting, Travis had a total of 2,374 shares withheld on May 1 and May 4 at prices reported around $318 per share. On May 4, 2026, he also executed open‑market sales totaling 894 shares at weighted average prices in the low $300s, made under a pre‑arranged Rule 10b5‑1 trading plan. Following these transactions, he directly holds 27,499 shares of Burlington Stores common stock.

Insider Trade Summary 10b5-1

Net Seller: 894 shares ($276,601)

Net Sell 13 txns

Insider Marquette Travis

Role President and COO

Sold 894 shs ($277K)

Type	Security	Shares	Price	Value
Sale	Common Stock	125	$305.19	$38K
Sale	Common Stock	110	$307.04	$34K
Sale	Common Stock	289	$308.30	$89K
Sale	Common Stock	72	$309.34	$22K
Sale	Common Stock	37	$311.70	$12K
Sale	Common Stock	137	$312.75	$43K
Sale	Common Stock	122	$313.92	$38K
Sale	Common Stock	2	$314.55	$629.10
Tax Withholding	Common Stock	417	$309.27	$129K
Grant/Award	Common Stock	4,417	$0.00	--
Tax Withholding	Common Stock	482	$318.00	$153K
Tax Withholding	Common Stock	694	$318.00	$221K
Tax Withholding	Common Stock	781	$318.00	$248K

Holdings After Transaction: Common Stock — 28,685 shares (Direct, null)

Footnotes (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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $304.84 and $305.60. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.57 to $307.55. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.77 to $308.75. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $309.18 and $309.37. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.39 to $311.78. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.47 to $313.15. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.55 to $314.01. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Key Figures

RSU grant: 4,417 units Tax withholding shares: 2,374 shares Open-market shares sold: 894 shares +3 more

6 metrics

RSU grant 4,417 units Restricted stock units granted May 1, 2026

Tax withholding shares 2,374 shares Shares withheld to cover RSU tax obligations

Open-market shares sold 894 shares Sales on May 4, 2026 at low $300s prices

Post-transaction holdings 27,499 shares Common stock directly held after reported transactions

Tax-withholding price $318.00 per share Price used for May 1 tax-withholding dispositions

One sale price example $305.19 per share Price for a 125-share open-market sale on May 4, 2026

Key Terms

Restricted stock units, Rule 10b5-1 trading plan, tax withholding obligations, weighted average price

4 terms

Restricted stock units financial

"Restricted stock units granted on May 1, 2026, vesting one-quarter on each"

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.

Rule 10b5-1 trading plan financial

"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

tax withholding obligations financial

"Represents shares withheld to satisfy tax withholding obligations in connection"

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 04:15 PM

SEC Form 4

FORM 4

UNITED 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^*

Marquette Travis

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	05/01/2026		A		4,417	A	$0.00	30,767	D
Common Stock	05/01/2026		F⁽²⁾		482	D	$318	30,285	D
Common Stock	05/01/2026		F⁽²⁾		694	D	$318	29,591	D
Common Stock	05/01/2026		F⁽²⁾		781	D	$318	28,810	D
Common Stock	05/04/2026		S		125	D	$305.19⁽³⁾	28,685	D⁽⁴⁾
Common Stock	05/04/2026		S		110	D	$307.04⁽⁵⁾	28,575	D⁽⁴⁾
Common Stock	05/04/2026		S		289	D	$308.3⁽⁶⁾	28,286	D⁽⁴⁾
Common Stock	05/04/2026		S		72	D	$309.34⁽⁷⁾	28,214	D⁽⁴⁾
Common Stock	05/04/2026		S		37	D	$311.7⁽⁸⁾	28,177	D⁽⁴⁾
Common Stock	05/04/2026		S		137	D	$312.75⁽⁹⁾	28,040	D⁽⁴⁾
Common Stock	05/04/2026		S		122	D	$313.92⁽¹⁰⁾	27,918	D⁽⁴⁾
Common Stock	05/04/2026		S		2	D	$314.55	27,916	D⁽⁴⁾
Common Stock	05/04/2026		F⁽²⁾		417	D	$309.27	27,499	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $304.84 and $305.60. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4.

4. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.57 to $307.55. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.77 to $308.75. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $309.18 and $309.37. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.39 to $311.78. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.47 to $313.15. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.55 to $314.01. The reporting person undertakes to provide to Burlington Stores, Inc., any security holder of Burlington Stores, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

	/s/ Christopher Schaub, as attorney-in-fact for Travis Marquette	05/05/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Burlington Stores (BURL) report for Marquette Travis?

Burlington Stores reported that President and COO Marquette Travis received 4,417 restricted stock units, had 2,374 shares withheld for taxes, and sold 894 common shares in open-market trades, all recorded in early May 2026 as part of routine equity activity.

How many Burlington Stores (BURL) shares did Marquette Travis sell in the latest Form 4?

Marquette Travis sold 894 shares of Burlington Stores common stock in multiple open-market transactions on May 4, 2026. The sales occurred at weighted average prices in the low $300s per share, according to detailed ranges disclosed in the Form 4 footnotes.

What equity award did Marquette Travis receive from Burlington Stores (BURL)?

Marquette Travis received a grant of 4,417 restricted stock units on May 1, 2026. These RSUs vest one-quarter on each of the first four anniversaries of the grant date, providing a long-term, performance-aligned equity incentive tied to continued service with the company.

Why were Burlington Stores (BURL) shares withheld in Marquette Travis’s Form 4?

The Form 4 states that 2,374 shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. This tax-withholding disposition is not an open-market sale but a standard method for covering income tax due on vested equity awards.

Was Marquette Travis’s Burlington Stores (BURL) stock sale pre-planned under Rule 10b5-1?

Yes. A Form 4 footnote explains that at least one of the May 4, 2026 transactions was executed pursuant to a Rule 10b5-1 trading plan adopted on June 11, 2025. Such pre-planned programs automate trades according to preset instructions, reducing discretion over timing.

How many Burlington Stores (BURL) shares does Marquette Travis hold after these transactions?

After the reported May 2026 transactions, Marquette Travis directly holds 27,499 shares of Burlington Stores common stock. This post-transaction balance reflects the grant, tax-withholding dispositions, and the 894 shares sold in open-market transactions disclosed in the Form 4 filing.