Burlington Stores, Inc. Files Definitive Proxy Statement

Ticker: BURL · Form: DEF 14A · Filed: 2024-04-05T00:00:00.000Z

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Executive Compensation, Shareholder Meeting, Burlington Stores

TL;DR

<b>Burlington Stores, Inc. has filed its Definitive Proxy Statement (DEF 14A) on April 5, 2024, detailing executive compensation and shareholder matters for the period ending May 22, 2024.</b>

AI Summary

Burlington Stores, Inc. (BURL) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. Filing type is DEF 14A, filed on April 5, 2024. The report's period of reference is May 22, 2024. Company's fiscal year ends on February 1st. The company was formerly known as Burlington Holdings, Inc. The filing includes details on stock option and stock awards granted in prior and current fiscal years.

Why It Matters

For investors and stakeholders tracking Burlington Stores, Inc., this filing contains several important signals. This filing is crucial for investors to understand executive compensation structures and potential impacts on shareholder value. Shareholders can use this document to make informed decisions regarding voting on proposals at the upcoming annual meeting.

Risk Assessment

Risk Level: low — Burlington Stores, Inc. shows low risk based on this filing. The risk is low as this is a routine DEF 14A filing, which is standard for public companies to disclose executive compensation and governance information.

Analyst Insight

Review the executive compensation details and any shareholder proposals to assess potential impacts on the company's strategic direction and financial performance.

Key Numbers

2024-04-05 — Filing Date (Date the DEF 14A was filed)
2024-05-22 — Period of Report (The period the report is as of)
0201 — Fiscal Year End (Company's fiscal year end date)

Key Players & Entities

Burlington Stores, Inc. (company) — Filer
Burlington Holdings, Inc. (company) — Former company name

FAQ

When did Burlington Stores, Inc. file this DEF 14A?

Burlington Stores, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 5, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Burlington Stores, Inc. (BURL).

Where can I read the original DEF 14A filing from Burlington Stores, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Burlington Stores, Inc..

What are the key takeaways from Burlington Stores, Inc.'s DEF 14A?

Burlington Stores, Inc. filed this DEF 14A on April 5, 2024. Key takeaways: Filing type is DEF 14A, filed on April 5, 2024.. The report's period of reference is May 22, 2024.. Company's fiscal year ends on February 1st..

Is Burlington Stores, Inc. a risky investment based on this filing?

Based on this DEF 14A, Burlington Stores, Inc. presents a relatively low-risk profile. The risk is low as this is a routine DEF 14A filing, which is standard for public companies to disclose executive compensation and governance information.

What should investors do after reading Burlington Stores, Inc.'s DEF 14A?

Review the executive compensation details and any shareholder proposals to assess potential impacts on the company's strategic direction and financial performance. The overall sentiment from this filing is neutral.

How does Burlington Stores, Inc. compare to its industry peers?

Burlington Stores operates in the retail department store sector, a competitive industry characterized by evolving consumer preferences and economic sensitivities.

Are there regulatory concerns for Burlington Stores, Inc.?

As a publicly traded company, Burlington Stores is subject to SEC regulations, including the requirement to file a Definitive Proxy Statement (DEF 14A) for shareholder meetings.

Industry Context

Burlington Stores operates in the retail department store sector, a competitive industry characterized by evolving consumer preferences and economic sensitivities.

Regulatory Implications

As a publicly traded company, Burlington Stores is subject to SEC regulations, including the requirement to file a Definitive Proxy Statement (DEF 14A) for shareholder meetings.

What Investors Should Do

Analyze the compensation packages for named executive officers.
Review any shareholder proposals and the board's recommendations.
Note the dates for the upcoming shareholder meeting and any related deadlines.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for public companies and does not represent a change from previous filings of the same type.

From the Filing

0001193125-24-088482.txt : 20240405 0001193125-24-088482.hdr.sgml : 20240405 20240405161624 ACCESSION NUMBER: 0001193125-24-088482 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 57 CONFORMED PERIOD OF REPORT: 20240522 FILED AS OF DATE: 20240405 DATE AS OF CHANGE: 20240405 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Burlington Stores, Inc. CENTRAL INDEX KEY: 0001579298 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 800895227 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-36107 FILM NUMBER: 24826728 BUSINESS ADDRESS: STREET 1: 1830 ROUTE 130 NORTH CITY: BURLINGTON STATE: NJ ZIP: 08016 BUSINESS PHONE: 6093877800 MAIL ADDRESS: STREET 1: 1830 ROUTE 130 NORTH CITY: BURLINGTON STATE: NJ ZIP: 08016 FORMER COMPANY: FORMER CONFORMED NAME: Burlington Holdings, Inc. DATE OF NAME CHANGE: 20130613 DEF 14A 1 d640744ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001579298 0001579298 2023-01-29 2024-02-03 0001579298 2022-01-30 2023-01-28 0001579298 2020-02-02 2021-01-30 0001579298 2021-01-31 2022-01-29 0001579298 burl:FairValueAsOfPriorFiscalYearendOfStockOptionAndStockAwardsGrantedInPriorFiscalYearsThatFailedToMeetApplicableVestingConditionsDuringFiscalYearMember ecd:NonPeoNeoMember 2023-01-29 2024-02-03 0001579298 burl:ChangeInFairValueAsOfVestingDateOfStockOptionAndStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:NonPeoNeoMember 2023-01-29 2024-02-03 0001579298 burl:GrantDateFairValueOfStockOptionAndStockAwardsGrantedInFiscalYearMember ecd:PeoMember 2023-01-29 2024-02-03 0001579298 burl:FairValueAtFiscalYearendOfOutstandingAndUnvestedStockOptionAndStockAwardsGrantedInFiscalYearMember ecd:PeoMember 2023-01-29 2024-02-03 0001579298 burl:ChangeInFairValueOfOutstandingAndUnvestedStockOptionAndStockAwardsGrantedInPriorFiscalYearsMember ecd:PeoMember 2023-01-29 2024-02-03 0001579298 burl:ChangeInFairValueAsOfVestingDateOfStockOptionAndStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:PeoMember 2023-01-29 2024-02-03 0001579298 burl:GrantDateFairValueOfStockOptionAndStockAwardsGrantedInFiscalYearMember ecd:NonPeoNeoMember 2023-01-29 2024-02-03 0001579298 burl:FairValueAtFiscalYearendOfOutstandingAndUnvestedStockOptionAndStockAwardsGrantedInFiscalYearMember ecd:NonPeoNeoMember 2023-01-29 2024-02-03 0001579298 burl:ChangeInFairValueOfOutstandingAndUnvestedStockOptionAndStockAwardsGrantedInPriorFiscalYearsMember ecd:NonPeoNeoMember 2023-01-29 2024-02-03 0001579298 burl:FairValueAtVestingOfStockOptionAndStockAwardsGrantedInFiscalYearThatVestedDuringFiscalYearMember ecd:NonPeoNeoMember 2023-01-29 2024-02-03 0001579298 1 2023-01-29 2024-02-03 0001579298 2 2023-01-29 2024-02-03 0001579298 3 2023-01-29 2024-02-03 0001579298 burl:ChangeInFairValueAsOfVestingDateOfStockOptionAndStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:PeoMember 2022-01-30 2023-01-28 0001579298 burl:ChangeInFairValueAsOfVestingDateOfStockOptionAndStockAwardsGrantedInPriorFiscalYearsForWhichApplicableVestingConditionsWereSatisfiedDuringFiscalYearMember ecd:NonPeoNeoMember 2022-01-30 2023-01-28 0001579298 burl:GrantDateFairValueOfStockOptionAndStockAwardsGrantedInFiscalYearMember ecd:PeoMember 2022-01-30 2023-01-28 0001579298 burl:FairValueAtFiscalYearendOfOutstandingAndUnvestedStockOptionAndStockAwardsGrantedInFiscalYearMember ecd:PeoMember 2022-01-30 2023-01-28 0001579298 burl:ChangeInFairValueOfOutstandingAndUnvestedStockOptionAndStockAwardsGrantedInPriorFiscalYearsMember ecd:PeoMember 2022-01-30 2023-01-28 0001579298 burl:ChangeInFairValueOfOutstandingAndUnvestedStockOptionAndStockAwardsGrantedInPriorFiscalYearsMember ecd:NonPeoNeoMember 2022-01-30 2023-01-28 0001579298 burl:GrantDateFairValueOfStockOptionAndStockAwardsGrantedInFis