Thomas Kingsbury, Executive Chairman at Burlington Stores, Inc. (BURL), sold 50,000 shares at $230.77 ($11.6M) on 2020-01-10, disclosed to the SEC on 2020-01-14.
Seasonal sale ($11.6M) by Executive Chairman — this insider has traded BURL in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $230.77 | 1,952 | $450K | 3.9% |
| 2 | $230.77 | 1,952 | $450K | 3.9% |
| 3 | $231.75 | 16,050 | $3.7M | 32.1% |
| 4 | $231.75 | 16,050 | $3.7M | 32.1% |
| 5 | $232.51 | 6,998 | $1.6M | 14.0% |
| 6 | $232.51 | 6,998 |
| $1.6M |
| 14.0% |
| Total | $231.89 avg | 50,000 | $11.6M | 100% |
| Filing → |
| BURL | SELL | 2019-09-03 | $10.1M | — | Filing → |
| BURL | SELL | 2019-06-12 | $3.3M | — | Filing → |
| BURL | SELL | 2019-05-14 | $3.3M | — | Filing → |