Form 4: Burford Capital CEO Christopher Bogart Reports Changes in Beneficial Ownership

Christopher Bogart, CEO of Burford Capital, reports transactions involving ordinary shares, RSUs, and PSUs, including tax withholding and conversion to phantom RSUs under the Deferred Compensation Plan.

Summary

• Christopher Bogart, the CEO of Burford Capital, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On April 8, 2025, Bogart satisfied tax withholding obligations by net settlement of 3,518 ordinary shares at a price of $11.92.
• He also converted 74,819 RSUs and 74,819 PSUs into phantom RSUs under the Burford Capital Deferred Compensation Plan.
• The reported transactions do not include transactions by Elizabeth O'Connell, Bogart's spouse, who is also an executive officer of Burford Capital Limited.
• Following these transactions, Bogart directly owns 0 ordinary shares, indirectly owns 452,185 ordinary shares through a trust, 7,647,727 ordinary shares through an LLC, and 888,563 ordinary shares through another LLC.
• He also holds 1,802,954.6 RSUs, 1,876,014.6 phantom RSUs, 1,801,195.6 PSUs, and 1,874,255.6 phantom RSUs.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting transactions related to executive compensation and tax obligations. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

Burford Capital, Christopher Bogart, Form 4, Beneficial Ownership, RSUs, PSUs, Phantom RSUs, Deferred Compensation Plan, Tax Withholding, Ordinary Shares