Form 4: Burford Capital Executive O'Connell Reports Share Transactions

Elizabeth O'Connell, Chief Strategy Officer of Burford Capital, reports transactions involving ordinary shares, RSUs, and PSUs, including tax withholding and conversion to phantom RSUs.

Summary

• Elizabeth O'Connell, Chief Strategy Officer of Burford Capital Limited, filed a Form 4 detailing changes in beneficial ownership.
• On April 8, 2025, O'Connell had 632 ordinary shares withheld to satisfy tax obligations at a price of $11.92 per share.
• O'Connell also reported the vesting of 13,441 RSUs and 13,441 PSUs, which were then converted into 13,125 phantom RSUs each under the Burford Capital Deferred Compensation Plan.
• Following these transactions, O'Connell directly owns 233,628.5 RSUs, 246,753.5 phantom RSUs, 233,312.5 PSUs, and 246,437.5 phantom PSUs.
• O'Connell also indirectly owns 130,892 ordinary shares through a trust.
• The transactions reported do not include those of Christopher Bogart, O'Connell's spouse, who is also an executive officer of Burford Capital Limited.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

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

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting and conversion of equity-based compensation for a key executive.

Key Dates

Keywords

Form 4, beneficial ownership, Burford Capital, Elizabeth O'Connell, RSUs, PSUs, phantom RSUs, ordinary shares, deferred compensation plan, tax withholding