Form 4: Burford Capital President Aviva Will Reports Share Transactions

Aviva Will, President of Burford Capital, reports transactions involving ordinary shares, RSUs, and PSUs, including tax withholding obligations and deferrals under the company's Deferred Compensation Plan.

Summary

• On April 8, 2025, Aviva Will, President of Burford Capital, reported transactions related to the company's ordinary shares.
• These transactions include the satisfaction of tax withholding obligations by net settlement of ordinary shares upon the vesting of restricted share units (RSUs) and performance-based RSUs (PSUs).
• Will also converted RSUs and PSUs into phantom RSUs under the Burford Capital Deferred Compensation Plan.
• The price per share for the tax withholding was $11.92.
• The transactions resulted in adjustments to Will's holdings of ordinary shares, RSUs, phantom RSUs, and PSUs.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and share ownership, common in publicly traded companies. It reflects the vesting of equity-based compensation and the executive's decisions regarding deferral and tax obligations.

Comparison to Industry Standards

• Executive compensation practices, including the use of RSUs and PSUs, are common among publicly traded companies, particularly in the financial sector.
• Deferred compensation plans, like the one used by Burford Capital, are also a standard tool for executives to manage their tax liabilities and long-term financial planning.
• The specific terms and conditions of these plans, such as vesting schedules and performance metrics, vary from company to company.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
• Employees who participate in similar compensation plans may be interested in the details of the Deferred Compensation Plan.

Key Dates

Keywords

Burford Capital, Aviva Will, Form 4, Share Transactions, RSUs, PSUs, Phantom RSUs, Deferred Compensation Plan, Tax Withholding, Ordinary Shares