Marquette Travis 4
4 · Burlington Stores, Inc. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Burlington (BURL) President Travis Marquette Receives RSU Award
What Happened
- Travis Marquette, President and COO of Burlington Stores (BURL), was granted 4,417 restricted stock units (RSUs) on May 1, 2026 (report shows acquisition at $0). To satisfy withholding and in open-market transactions he disposed of a total of 3,268 shares across May 1 and May 4, 2026, producing roughly $1,027,893 in proceeds (about $751,292 from shares withheld for tax obligations and about $276,601 from open-market sales).
Key Details
- Transaction dates and prices:
- Grant: 4,417 RSUs on 2026-05-01 (grant value reported as $0).
- Tax-withheld disposals (payments of tax liability): 482, 694, 781 shares on 2026-05-01 at $318.00; and 417 shares on 2026-05-04 at $309.27 (total ≈ $751,292).
- Open-market sales on 2026-05-04: 125 @ $305.19; 110 @ $307.04; 289 @ $308.30; 72 @ $309.34; 37 @ $311.70; 137 @ $312.75; 122 @ $313.92; 2 @ $314.55 (total ≈ $276,601). Many prices are reported as weighted averages across multiple trades (ranges roughly $304.84–$314.55).
- Shares disposed in this filing: 3,268. Grant reported: 4,417 RSUs.
- Shares owned after the transactions: not stated in the excerpt of this Form 4.
- Notable footnotes: RSUs vest one-quarter on each of the first four anniversaries of the grant date (F1). Some disposals represent shares withheld for tax withholding on vesting (F2). Certain sales were made under a Rule 10b5-1 trading plan adopted June 11, 2025 (F4). Several sale prices are weighted-average numbers covering multiple executions (F3, F5–F10).
- Filing: Form filed 2026-05-05 reporting transactions on 2026-05-01 and 2026-05-04; no late-filing flag is indicated in the provided data.
Context
- These transactions reflect a new RSU grant combined with routine tax-withholding and planned open-market sales. The RSUs vest over four years, so this grant is a multi-year compensation award (not an immediate purchase). The tax-related disposals and some sales under a 10b5-1 plan are common mechanisms executives use to satisfy withholding and manage shares; they are not direct indicators of company outlook.
Insider Transaction Report
Form 4
Marquette Travis
President and COO
Transactions
- Award
Common Stock
[F1]2026-05-01+4,417→ 30,767 total - Tax Payment
Common Stock
[F2]2026-05-01$318.00/sh−482$153,276→ 30,285 total - Tax Payment
Common Stock
[F2]2026-05-01$318.00/sh−694$220,692→ 29,591 total - Tax Payment
Common Stock
[F2]2026-05-01$318.00/sh−781$248,358→ 28,810 total - Sale
Common Stock
[F3][F4]2026-05-04$305.19/sh−125$38,149→ 28,685 total - Sale
Common Stock
[F5][F4]2026-05-04$307.04/sh−110$33,774→ 28,575 total - Sale
Common Stock
[F6][F4]2026-05-04$308.30/sh−289$89,099→ 28,286 total - Sale
Common Stock
[F7][F4]2026-05-04$309.34/sh−72$22,272→ 28,214 total - Sale
Common Stock
[F8][F4]2026-05-04$311.70/sh−37$11,533→ 28,177 total - Sale
Common Stock
[F9][F4]2026-05-04$312.75/sh−137$42,847→ 28,040 total - Sale
Common Stock
[F10][F4]2026-05-04$313.92/sh−122$38,298→ 27,918 total - Sale
Common Stock
[F4]2026-05-04$314.55/sh−2$629→ 27,916 total - Tax Payment
Common Stock
[F2]2026-05-04$309.27/sh−417$128,966→ 27,499 total
Footnotes (10)
- [F1]Restricted stock units granted on May 1, 2026, vesting one-quarter on each of the first four anniversaries of the grant date.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.55 to $314.01. 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]Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $304.84 and $305.60. 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]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.57 to $307.55. 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 ranging from $307.77 to $308.75. 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.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $309.18 and $309.37. 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.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.39 to $311.78. 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.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.47 to $313.15. 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.
Signature
/s/ Christopher Schaub, as attorney-in-fact for Travis Marquette|2026-05-05