RSU tax withholding for Burlington Stores (NYSE: BURL) HR chief officer
Rhea-AI Filing Summary
Burlington Stores, Inc. reported a routine insider equity transaction by Chief Human Resources Officer Matthew Pasch. On 01/09/2026, 527 shares of common stock were withheld at $305.35 per share to cover tax withholding obligations tied to the vesting of restricted stock units, rather than sold in an open-market trade.
After this withholding, Pasch directly held 7,943 shares of Burlington Stores common stock. This type of transaction is an administrative step associated with equity compensation and does not represent a discretionary buy or sell decision.
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FAQ
What insider transaction did Burlington Stores (BURL) report in this Form 4?
The filing reports that Chief Human Resources Officer Matthew Pasch had 527 shares of Burlington Stores common stock withheld on 01/09/2026 to satisfy tax withholding obligations related to vesting restricted stock units.
Who is the reporting person in the Burlington Stores (BURL) Form 4?
The reporting person is Matthew Pasch, who serves as Chief Human Resources Officer of Burlington Stores, Inc.
How many Burlington Stores (BURL) shares were involved and at what price?
A total of 527 shares of Burlington Stores common stock were withheld at a price of $305.35 per share, as shown in the Form 4.
Was the Burlington Stores (BURL) insider transaction an open-market sale?
No. The Form 4 explains that the 527 shares represent shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units, not an open-market sale.
How many Burlington Stores (BURL) shares does the insider own after this transaction?
Following the reported tax withholding transaction, Chief Human Resources Officer Matthew Pasch beneficially owned 7,943 shares of Burlington Stores common stock directly.
What transaction code is used in the Burlington Stores (BURL) Form 4 and what does it signify?
The transaction is coded "F", which in this context corresponds to shares withheld to satisfy tax withholding obligations related to an equity award, as clarified in the footnote.