Jennifer Vecchio - 01 May 2025 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Role
Group President and CMO
Signature
/s/ Christopher Schaub, as attorney-in-fact for Jennifer Vecchio
Issuer symbol
BURL
Transactions as of
01 May 2025
Transactions value $
-$799,564
Form type
4
Filing time
05 May 2025, 16:15:06 UTC
Previous filing
03 Apr 2025
Next filing
07 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Vecchio Jennifer Group President and CMO 2006 ROUTE 130 NORTH, BURLINGTON /s/ Christopher Schaub, as attorney-in-fact for Jennifer Vecchio 05 May 2025 0001641994

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Award $0 +8,871 +14.43% $0 70,346 01 May 2025 Direct F1
transaction BURL Common Stock Tax liability -$259,008 -1,136 -1.61% $228 69,210 01 May 2025 Direct F2
transaction BURL Common Stock Tax liability -$236,208 -1,036 -1.5% $228 68,174 01 May 2025 Direct F2
transaction BURL Common Stock Sale -$29,898 -133 -0.2% $224.8 68,041 01 May 2025 Direct F3, F4
transaction BURL Common Stock Sale -$17,168 -76 -0.11% $225.9 67,965 01 May 2025 Direct F4, F5
transaction BURL Common Stock Sale -$20,662 -91 -0.13% $227.06 67,874 01 May 2025 Direct F4, F6
transaction BURL Common Stock Sale -$33,742 -148 -0.22% $227.99 67,726 01 May 2025 Direct F4, F7
transaction BURL Common Stock Sale -$10,300 -45 -0.07% $228.9 67,681 01 May 2025 Direct F4
transaction BURL Common Stock Tax liability -$192,576 -816 -1.21% $236 66,865 02 May 2025 Direct F2
holding BURL Common Stock 186 01 May 2025 By reporting person as UTMA custodian for son
holding BURL Common Stock 186 01 May 2025 By reporting person as UTMA custodian for daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Restricted stock units granted on May 1, 2025, vesting one-quarter on each of the first four anniversaries of the grant date.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.43 to $225.18. 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.
F4 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 27, 2024.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $225.66 and $226.08. 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.66 to $227.34. 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.66 to $228.20. 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.