Pasch Matthew 4

What Happened Matthew Pasch, Chief Human Resources Officer of Burlington Stores, received a total of 2,946 shares on February 17, 2026 through the settlement of performance-based restricted stock unit (RSU) awards. The filing shows three award settlements: 50 shares, 1,034 shares and 1,862 shares, each recorded at $0.00 (awarded/settled shares, not purchases).

Key Details

• Transaction date: February 17, 2026; each line reported at $0.00 per share (award/settlement).
  • 50 shares (footnote F1)
  • 1,034 shares (footnote F2)
  • 1,862 shares (footnote F3)
• Total shares received: 2,946
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Shares settled from performance-based RSUs granted Feb 1, 2023.
  • F2: Shares settled from performance-based RSUs granted May 1, 2023.
  • F3: Shares settled from performance-based RSUs granted Oct 9, 2023.
• Filing: Report filed Feb 19, 2026 for a Feb 17, 2026 transaction — appears to be timely (within the usual two-business-day reporting window).

Context These were settlements of previously granted performance-based RSUs (compensation vesting), not open-market buys or sales. The $0.00 per-share reporting reflects that the shares were issued as awards rather than purchased; such awards increase insider ownership but do not by themselves indicate the insider bought or sold stock in the market.