Travis Marquette - Oct 4, 2024 Form 4 Insider Report for Burlington Stores, Inc. (BURL)

Signature
/s/ Christopher Schaub, as attorney-in-fact for Travis Marquette
Stock symbol
BURL
Transactions as of
Oct 4, 2024
Transactions value $
-$69,175
Form type
4
Date filed
10/8/2024, 04:15 PM
Previous filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURL Common Stock Tax liability -$48.1K -182 -1.06% $264.28 16.9K Oct 4, 2024 Direct F1
transaction BURL Common Stock Sale -$1.47K -6 -0.04% $245.26 16.9K Oct 7, 2024 Direct F2
transaction BURL Common Stock Sale -$2.47K -10 -0.06% $247.30 16.9K Oct 7, 2024 Direct F2, F3
transaction BURL Common Stock Sale -$4.99K -20 -0.12% $249.37 16.9K Oct 7, 2024 Direct F2, F4
transaction BURL Common Stock Sale -$7.02K -28 -0.17% $250.71 16.9K Oct 7, 2024 Direct F2, F5
transaction BURL Common Stock Sale -$1.01K -4 -0.02% $253.27 16.9K Oct 7, 2024 Direct F2
transaction BURL Common Stock Sale -$2.04K -8 -0.05% $254.72 16.9K Oct 7, 2024 Direct F2, F6
transaction BURL Common Stock Sale -$1.03K -4 -0.02% $257.73 16.9K Oct 7, 2024 Direct F2
transaction BURL Common Stock Sale -$1.04K -4 -0.02% $260.64 16.9K Oct 7, 2024 Direct F2
* 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 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F2 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 21, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $246.79 and $247.64. 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.79 to $249.74. 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.35 to $251.27. 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $254.63 and $254.82. 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.