Pasch Matthew 4

What Happened

• Matthew Pasch, Chief Human Resources Officer of Burlington Stores (BURL), had 3 shares (disposed) withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were recorded at $298.68 each for a total of approximately $896. This was a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-04 (timely).
• Price per share reported: $298.68; Shares withheld/disposed: 3; Total value ≈ $896.
• Transaction code: F (shares withheld to satisfy tax withholding on vesting).
• Footnote: F1 — shares withheld to satisfy tax withholding obligations in connection with vesting of restricted stock units.
• Shares owned after the transaction: not specified in the provided filing details.
• No 10b5-1 plan, option exercise, or gift reported in this entry.

Context

• This is a routine tax-withholding event tied to RSU vesting (often handled by withholding shares or a cash settlement). Such withholdings are administrative and do not necessarily indicate insider buying or selling sentiment.