Jennifer Vecchio - Aug 1, 2024 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Signature
/s/ Christopher Schaub, as attorney-in-fact for Jennifer Vecchio
Stock symbol
BURL
Transactions as of
Aug 1, 2024
Transactions value $
-$126,155
Form type
4
Date filed
8/5/2024, 04:15 PM
Previous filing
Jul 3, 2024
Next filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Sale -$18.9K -75 -0.12% $252.66 62.3K Aug 1, 2024 Direct F1, F2
transaction BURL Common Stock Sale -$44.9K -177 -0.28% $253.75 62.1K Aug 1, 2024 Direct F2, F3
transaction BURL Common Stock Sale -$23.2K -91 -0.15% $255.35 62.1K Aug 1, 2024 Direct F2, F4
transaction BURL Common Stock Sale -$11.3K -44 -0.07% $256.17 62K Aug 1, 2024 Direct F2
transaction BURL Common Stock Sale -$16K -62 -0.1% $257.82 62K Aug 1, 2024 Direct F2
transaction BURL Common Stock Sale -$261 -1 0% $261.20 62K Aug 1, 2024 Direct F2
transaction BURL Common Stock Sale -$11.5K -44 -0.07% $262.21 61.9K Aug 1, 2024 Direct F2
holding BURL Common Stock 186 Aug 1, 2024 By reporting person as UTMA custodian for son
holding BURL Common Stock 186 Aug 1, 2024 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $252.14 and $253.10. 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.
F2 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 27, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $253.51 and $254.00. 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $255.02 and $255.72. 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.