Thomas Kingsbury, Chairman and CEO at Burlington Stores, Inc. (BURL), sold 20,000 shares at $163.84 ($3.3M) on 2019-06-10, disclosed to the SEC on 2019-06-12.
Seasonal sale ($3.3M) by Chairman and CEO — this insider has traded BURL in June in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $163.84 | 700 | $115K | 3.5% |
| 2 | $164.80 | 7,111 | $1.2M | 35.5% |
| 3 | $165.44 | 12,189 | $2.0M | 61.0% |
| Total | $165.16 avg | 20,000 | $3.3M | 100% |
| Filing → |
| BURL | SELL | 2019-12-16 | $5.6M | — | Filing → |
| BURL | SELL | 2019-09-03 | $10.1M | — | Filing → |
| BURL | SELL | 2019-05-14 | $3.3M | — | Filing → |