Pasch Matthew 4

What Happened
Matthew Pasch, Chief Human Resources Officer of Burlington Stores, sold 3,773 shares in an open-market transaction on June 5, 2026. The shares were disposed at $317.21 per share, for a total proceeds of approximately $1,196,833. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: 2026-06-05 — 3,773 shares sold at $317.21 per share.
• Total proceeds: ~$1,196,833.
• Transaction type/code: Sale (S) via open market.
• Shares owned after transaction: Not specified in the excerpt provided; see the full SEC Form 4 for post-transaction holdings.
• Filing date and timeliness: Form filed 2026-06-09 (four days after the trade); this appears to be outside the typical 2-business-day filing window and may be marked late on the SEC record.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes were indicated in the provided excerpt.

Context
Open-market sales by executives can reflect routine needs (diversification, liquidity, taxes) and do not by themselves prove a change in company outlook. Purchases typically carry more signal for bullish insider conviction; consider this sale alongside other insider filings and Burlington’s fundamentals for a fuller picture.