Form 4: Burford Capital President Aviva Will Acquires Phantom Restricted Share Units
SEC Form 4 Filing
Aviva Will, President of Burford Capital, reports the acquisition of phantom restricted share units under the company's Deferred Compensation Plan.
Summary
- On March 6, 2025, Aviva O. Will, President of Burford Capital Limited, acquired 1,610.3 phantom restricted share units (Phantom RSUs) under the Burford Capital Deferred Compensation Plan.
- Each Phantom RSU represents a contingent right to receive the economic equivalent of one ordinary share of Burford Capital Limited, which may be paid in cash or ordinary shares.
- The price of the Phantom RSUs was $13.71.
- Following the transaction, Ms. Will directly owns 139,551.7 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is standard practice for officers of publicly traded companies to receive stock-based compensation and to report changes in their holdings.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Aviva Will acquired Phantom RSUs. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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