BURL Form 4 shows director award of 310 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burlington Stores, Inc. (BURL) reported that one of its directors acquired company shares through an equity award. On November 18, 2025, the director received 310 shares of common stock, shown at a price of $0 because they were granted as restricted stock units rather than purchased on the market.
The explanation notes that these restricted stock units were granted on November 18, 2025 and will vest 100% on May 21, 2026. After this award, the director is shown as beneficially owning 310 common shares directly. This reflects a routine equity-based compensation grant aligning the director’s interests with Burlington Stores’ shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Skirvin Michael C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 310 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 310 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Burlington Stores (BURL) disclose in this Form 4?
A Burlington Stores director reported receiving 310 shares of common stock as a restricted stock unit grant dated November 18, 2025.
Was the Burlington Stores (BURL) insider transaction a market purchase or an equity award?
The transaction was an equity award; the 310 shares are described as restricted stock units rather than a market purchase.
When do the Burlington Stores (BURL) restricted stock units granted in this filing vest?
The restricted stock units granted on November 18, 2025 are scheduled to vest 100% on May 21, 2026.