Marquette Travis 4
4 · Burlington Stores, Inc. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Burlington (BURL) President & COO Marquette Travis Sells Shares
What Happened
Marquette Travis, President and COO of Burlington Stores, sold a total of 190 shares in open-market transactions on May 5, 2026, generating approximately $59,600 in proceeds. The reported trades were: 9 shares at a weighted-average price of $311.33 (≈ $2,802), 163 shares at $313.62 (≈ $51,120), and 18 shares at $315.42 (≈ $5,678). These were disposals (sales), which are often routine and do not by themselves signal a change in company outlook.
Key Details
- Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (timely filing).
- Sales and proceeds: 9 @ $311.33 ($2,802); 163 @ $313.62 ($51,120); 18 @ $315.42 (~$5,678); total ~190 shares, ~$59,600.
- Footnotes: filings note weighted-average prices for trades executed in multiple transactions and that one of the transactions was made pursuant to a Rule 10b5-1 trading plan adopted June 11, 2025. The filer offered to provide detailed per-trade pricing upon request.
- Shares owned after the transactions: not specified in the summary data provided — see the filed Form 4 for updated holdings.
Context
Sales by executives are common for diversification, tax planning, or scheduled-plan reasons; one of these sales being under a 10b5-1 plan indicates it was prearranged. For retail investors, purchases typically carry more immediate informational value than routine sales; consult the full Form 4 for exact post-sale ownership and any additional notes.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-05$311.33/sh−9$2,802→ 27,490 total - Sale
Common Stock
[F3][F2]2026-05-05$313.62/sh−163$51,120→ 27,327 total - Sale
Common Stock
[F2]2026-05-05$315.42/sh−18$5,678→ 27,309 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $311.32 and $311.43. 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.
- [F2]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2025.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.17 to $314.02. 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.