Wolfe Kristin 4
4 · Burlington Stores, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Burlington (BURL) CFO Kristin Wolfe Withholds 4,186 Shares for Taxes
What Happened
Kristin Wolfe, Chief Financial Officer of Burlington Stores (BURL), had 4,186 shares withheld on March 23, 2026 to satisfy tax withholding related to the settlement of performance-based restricted stock unit (RSU) awards. The filing reports the shares as disposed under transaction code F (tax withholding) at $0.00 per share, resulting in no cash proceeds reported.
Key Details
- Transaction date: 2026-03-23 (reported on Form 4 filed 2026-03-25)
- Transaction code: F (shares withheld to cover tax withholding)
- Shares affected: 4,186 shares; reported price: $0.00; reported proceeds: $0
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations in connection with settlement of performance-based RSUs
- Shares owned after transaction: not specified in the provided filing
- Timeliness: filing appears timely (transaction 3/23/2026; Form 4 filed 3/25/2026)
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and is treated as a disposition for reporting; it is not an open-market sale and does not necessarily indicate insider sentiment. This is a net-settlement/tax-withholding event rather than a purchase or deliberate sale by the insider.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-23−4,186→ 28,051 total
Footnotes (1)
- [F1]Represents shares withheld to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock unit awards.