MAHONEY JOHN 4
Research Summary
AI-generated summary
Burlington (BURL) Director John Mahoney Receives Restricted Stock Award
What Happened
- John Mahoney, a director of Burlington Stores, Inc. (BURL), received an award of 596 restricted stock units (RSUs) on May 20, 2026. The filing lists the acquisition price as $0.00 (award/grant), so no cash was paid by the insider. The RSUs equal 596 shares when vested.
Key Details
- Transaction date: 2026-05-20; Filing date: 2026-05-22 (appears timely under Form 4 rules).
- Transaction type/code: A — Award/Grant of RSUs; reported as 596 shares @ $0.00.
- Vesting: Footnote F1 — RSUs vest 100% on the first anniversary of the grant (May 20, 2027).
- Shares owned after transaction: Not specified in the filing.
- Other notes: No 10b5-1 plan, tax-withholding sale, or cashless exercise referenced in the filing.
Context
- This was a compensation award (RSUs) to align the director with shareholders; it is not an open-market purchase or sale and therefore is not a direct bullish/bearish trading signal. The award will convert to common shares only upon vesting (one year).