O SULLIVAN MICHAEL B 4
4 · Burlington Stores, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Burlington (BURL) CEO Michael O'Sullivan Receives 54,768-Share Award
What Happened
Michael B. O'Sullivan, CEO of Burlington Stores, Inc. (BURL), acquired 54,768 shares on February 17, 2026. The filing reports these shares as an award/settlement (transaction code A) with an acquisition price of $0.00; the shares were received upon settlement of performance-based restricted stock units originally granted May 1, 2023 (footnote F1).
Key Details
- Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19).
- Transaction type/code: Award/settlement (A).
- Shares acquired: 54,768; reported acquisition price: $0.00 (market value at settlement not provided in the Form 4).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnote: F1 — shares settled from performance-based RSUs granted May 1, 2023.
- Timeliness: Filed Feb 19, 2026; appears to be a timely Form 4 filing (within required reporting window).
Context
This was a compensation-related award settlement (RSUs), not an open-market purchase or sale. Such grants are part of executive pay and do not by themselves indicate a buy/sell signal from the insider. Retail investors should monitor future Form 4s for any subsequent sales or exercises if looking for changes in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17+54,768→ 191,742 total
Footnotes (1)
- [F1]Shares acquired upon the settlement of performance-based restricted stock unit awards granted by the Company to the reporting person on May 1, 2023.