Form 4: Burford Capital Executive Mark Klein Reports Share Transactions Following RSU and PSU Vesting

Mark Klein, GC&Chief Administrative Officer of Burford Capital, reports the vesting of restricted share units (RSUs) and performance-based RSUs (PSUs) and subsequent share transactions on April 8, 2025.

Summary

• On April 8, 2025, Mark N. Klein, GC&Chief Administrative Officer of Burford Capital Ltd, reported transactions related to the vesting of RSUs and PSUs.
• The transactions involved the vesting of 13,441 RSUs and 13,441 PSUs, which converted into ordinary shares.
• Klein also disposed of 13,724 ordinary shares to satisfy tax withholding obligations at a price of $11.92 per share.
• Following these transactions, Klein directly owns 77,199 ordinary shares, 79,839.9 RSUs and 66,398.9 PSUs.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant event for Burford Capital or the litigation finance industry.

Stakeholder Impact

• The vesting of RSUs and PSUs impacts Mark Klein's ownership stake in Burford Capital.
• The disposal of shares to cover tax obligations may have a minor impact on the company's share price.

Key Dates

Keywords

Form 4, Burford Capital, Mark Klein, RSU, PSU, Share Vesting, Ordinary Shares, Beneficial Ownership, SEC Filing