Vecchio Jennifer 4

What Happened

• Jennifer Vecchio, Group President and Chief Marketing Officer of Burlington Stores, had 17,708 shares withheld on March 23, 2026 to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock units (RSUs). The filing shows the shares were disposed at $0.00, resulting in no cash proceeds reported.

Key Details

• Transaction date: 2026-03-23
• Transaction type/code: F — shares withheld to satisfy tax withholding on RSU settlement
• Shares affected: 17,708 shares withheld (disposed) at $0.00; reported value $0
• Footnote: F1 — withholding to satisfy tax obligations related to performance-based RSU settlement
• Filing date: 2026-03-25 (filed two days after the transaction; within the usual Form 4 reporting window)
• Shares owned after transaction: Not specified in the information provided on this filing

Context

• This was a net share withholding to cover taxes on vested performance RSUs (a common administrative action), not an open-market sale or a purchase. Such tax-withholding disposals reduce the insider’s reported share count but do not indicate a directional trade decision by the insider.