Vecchio Jennifer 4

What Happened Jennifer Vecchio, Group President and Chief Marketing Officer of Burlington Stores (BURL), was granted 6,551 restricted stock units (RSUs) on May 1, 2026. To satisfy tax withholding on the vesting, 4,030 shares were withheld/disposed under tax-withholding transactions: 1,102 shares at $318.00 ($350,436), 1,005 shares at $318.00 ($319,590), 1,132 shares at $318.00 ($359,976) on May 1, 2026, and 791 shares at $309.27 ($244,633) on May 4, 2026 — total value withheld ≈ $1,274,635. The grant is reported as an award (code A) and the disposals are tax withholding (code F); this is the issuance of compensation (not a market buy or discretionary sale).

Key Details

• Transaction dates and prices: Grant on 2026-05-01 (6,551 RSUs); withholding on 2026-05-01 at $318.00 (three lots) and 2026-05-04 at $309.27 (one lot).
• Withheld shares: 4,030 shares withheld to satisfy taxes, total value ≈ $1,274,635.
• Vesting: RSUs vest one-quarter on each of the first four anniversaries of the May 1, 2026 grant (footnote F1).
• Footnote: F2 indicates the disposals represent shares withheld for tax withholding obligations.
• Shares owned after transaction: Not specified in the excerpt of the filing provided.
• Filing timeliness: Form 4 filed May 5, 2026 for a May 1, 2026 transaction — filed within the standard two business-day window (timely).

Context This was a standard equity compensation grant with taxes satisfied by withholding shares (code F), not an open-market sale. Withholding to cover taxes is routine and does not necessarily indicate an insider view on the company’s stock. The RSUs will vest over four years per the reported schedule.