Substantial share purchases by Burford executive officers
MWN-AI** Summary
On March 5, 2026, Burford Capital Limited, a prominent global finance and asset management firm, reported significant stock purchases by its executive officers, totaling over $4.3 million. This investment, part of their Deferred Compensation Plan, involved the acquisition of approximately 500,000 Ordinary Shares. Notably, Chief Executive Officer Christopher Bogart purchased about 228,264 shares, while Chief Investment Officer Jonathan Molot acquired 229,794 shares. Other executives, including Chief Financial Officer Jordan Licht and Chief Development Officer Travis Lenkner, made smaller but substantial contributions.
Bogart emphasized the belief that Burford's stock is currently undervalued, leading management to reposition their cash compensation into shares. Since 2019, he and Molot have collectively invested over $35 million, escalating their ownership to around 8.5% of the firm, which bolsters alignment with shareholders, according to Bogart.
In tandem with these acquisitions, Burford's board approved a share repurchase program of up to $5 million, aimed at fulfilling future obligations under the Deferred Compensation Plan. This initiative, which can lead to the acquisition of nearly 21.9 million Ordinary Shares, is scheduled to begin immediately and will be offset by market conditions.
In addition, on the same day, new grants of restricted share units (RSUs) were awarded to Burford's senior executives under its 2025 Omnibus Incentive Compensation Plan. These RSUs will vest over five years. Such moves indicate Burford's commitment to aligning executive incentives with shareholder interests, while also enhancing long-term compensation strategies. Overall, these transactions reflect Burford's proactive approach in fostering investor confidence and reinforcing its growth trajectory amidst competitive market dynamics.
MWN-AI** Analysis
Burford Capital Limited recently announced a notable aggregate investment exceeding $4.3 million in its ordinary shares by several executive officers, a clear vote of confidence from its leadership. The Chief Executive Officer, Christopher Bogart, along with other key executives, purchased over 500,000 shares at a price averaging around $8.27. This strategic investment reflects Burford’s management belief that the stock is currently undervalued compared to its intrinsic worth.
The executives’ decision to convert cash compensation into equity aligns their interests with those of external shareholders, fostering a strong alignment in company performance expectations. Bogart’s comment on the steep discount at which Burford’s stock trades suggests that he anticipates significant appreciation potential in the stock price, likely driven by the firm's ongoing value creation strategies and a robust portfolio.
Moreover, the announcement of a $5 million share repurchase program underlines Burford’s commitment to enhancing shareholder value. By repurchasing shares, Burford not only reduces the number of shares outstanding—potentially boosting earnings per share—but also signals to the market that it believes its shares are trading below their true value.
Investors should consider this executive activity as a bullish signal, as internal stakeholders investing significantly in their company often indicate their confidence in future prospects. This development may attract both retail and institutional investors looking for growth potential in litigation finance.
In summary, these substantial share purchases, combined with a repurchase program, enhance the perception of Burford’s stock as potentially undervalued. Investors might look to take advantage of this opportunity by initiating or increasing positions in Burford Capital, particularly if the stock continues to present attractive entry points.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
NEW YORK, March 9, 2026 /PRNewswire/ -- Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, provides the following notifications of various transactions by persons discharging managerial responsibilities (each, a "PDMR"), as well as a notification of its intention to purchase Burford's ordinary shares of nil par value ("Ordinary Shares") in connection with the Burford Capital Deferred Compensation Plan (the "Deferred Compensation Plan").
Investment by Executive Officers in Burford's Ordinary Shares
On March 5, 2026, certain executive officers used their respective cash compensation to invest in aggregate over $4.3 million in Ordinary Shares through the Deferred Compensation Plan. These investments total more than 500,000 Ordinary Shares, consisting of approximately 228,264 Ordinary Shares by Chief Executive Officer Christopher Bogart, approximately 229,794 Ordinary Shares by Chief Investment Officer Jonathan Molot, approximately 2,784 Ordinary Shares by Chief Financial Officer Jordan Licht and approximately 61,266 Ordinary Shares by Chief Development Officer Travis Lenkner.
Christopher Bogart, Burford Capital's Chief Executive Officer, commented:
"We believe Burford's stock is priced at a steep discount to its intrinsic value. Consequently, Burford's management have used their cash compensation to buy over $4.3 million in additional Burford stock. Since 2019, Jon and I have redeployed cash compensation into Burford's stock on several occasions, amounting to net purchases in excess of $35 million. Our combined shareholding has risen to approximately 8.5% of the Company, a level of management ownership that provides strong alignment with external shareholders. All Burford insiders look forward to the success we expect our portfolio to deliver, and the resulting shareholder value for all of our investors across the globe."
Intended Purchases of Ordinary Shares in Connection with the Deferred Compensation Plan
On February 25, 2026, Burford's board of directors authorized a share repurchase program for Ordinary Shares to repurchase up to a maximum aggregate amount of $5.0 million (the "Share Repurchase Program") in connection with Burford's future obligations under the Deferred Compensation Plan.
The aggregate number of Ordinary Shares that may be acquired pursuant to the Share Repurchase Program may not exceed 21,942,190 Ordinary Shares under the authority granted to Burford by the shareholders at the annual general meeting held on May 14, 2025 (the "General Authority"). The Share Repurchase Program will commence with immediate effect and will continue until the earlier of (i) the expiration of the General Authority and (ii) until the maximum aggregate amount has been purchased under the Share Repurchase Program. It is intended that Ordinary Shares acquired pursuant to the Share Repurchase Program will be initially held in treasury and, at Burford's sole discretion, may subsequently be used in connection with Burford's short- and long-term incentive compensation, equity, equity-based and deferred compensation and other similar plans and arrangements, as the case may be.
Burford intends to make the acquisitions of Ordinary Shares under the Share Repurchase Program in the United States in accordance with, and subject to the limits prescribed by, the General Authority and Rule 10b-18 under the US Securities Exchange Act of 1934, as amended. Acquisitions of Ordinary Shares pursuant to the Share Repurchase Program will take place in open market transactions and may be made from time to time depending on market conditions, share price and trading volume. The Share Repurchase Program does not require Burford to acquire any specific number of Ordinary Shares and may be modified, suspended, extended or terminated by Burford at any time without prior notice.
Grant of RSUs
On March 5, 2026, new grants of restricted share units ("RSUs") were made by the compensation committee of Burford's board of directors to Burford's executive officers under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan, as part of Burford's usual annual compensation cycle.
For all PDMRs, the RSUs will vest in five equal installments with (i) the first installment vesting on March 22, 2027, (ii) the second installment vesting on March 15, 2028, (iii) the third installment vesting on March 15, 2029, (iv) the fourth installment vesting on March 15, 2030, and (v) the fifth installment vesting on March 15, 2031, in each case, subject to the respective PDMR's continued employment through such dates.1
Each RSU represents a contingent right to receive one Ordinary Share.
The allocation of RSU grants is as follows: 156,287 RSUs to each of (i) Chief Investment Officer - International Craig Arnott, (ii) Chief Financial Officer Jordan Licht, and (iii) Chief Strategy Officer Elizabeth O'Connell; 152,047 RSUs to Chief Development Officer Travis Lenkner; 39,328 RSUs to General Counsel and Chief Administrative Officer Mark Klein; 24,740 RSUs to each of (i) Chief Executive Officer Christopher Bogart and (ii) Chief Investment Officer Jonathan Molot; and 4,240 RSUs to Vice Chair David Perla.
The Notification of Dealing Forms for each of the transactions set forth above are included at the end of this announcement.
1 As a result of Messrs. Bogart and Molot and Ms. O'Connell becoming retirement eligible in 2025, the RSUs granted to such executive officers vested in full on the grant date, with settlement to occur in accordance with the ordinary vesting schedule.
For further information, please contact:
Burford Capital Limited | ||
For investor and analyst inquiries: | ||
Americas: Josh Wood, Head of Investor Relations - email | +1 212 516 5824 | |
EMEA & Asia: Rob Bailhache, Head of EMEA & Asia Investor Relations - email | +44 (0)20 3530 2023 | |
For press inquiries: | ||
David Helfenbein, Senior Vice President, Public Relations - email | +1 646 504 7074 | |
Deutsche Numis - NOMAD and Joint Broker | +44 (0)20 7545 8000 | |
Duncan Monteith | ||
Charlie Farquhar | ||
BofA Securities – Joint Broker | +44 (0)20 7628 1000 | |
Peter Luck | ||
David Lloyd | ||
Jefferies International Limited - Joint Broker | +44 (0)20 7029 8000 | |
Graham Davidson | ||
James Umbers | ||
Berenberg – Joint Broker | +44 (0)20 3207 7800 | |
Toby Flaux | ||
James Thompson | ||
About Burford Capital
Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices.
For more information, please visit www.burfordcapital.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.
This press release does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this press release is for informational purposes only. Past performance is not indicative of future results. The information contained in this press release is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including interests or shares in any of Burford private funds). Any such offer or solicitation may be made only by means of a final confidential private placement memorandum and other offering documents.
Forward-looking statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbor provided for under these sections. In some cases, words such as "aim", "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "guidance", "intend", "may", "plan", "potential", "predict", "projected", "should" or "will", or the negative of such terms or other comparable terminology, are intended to identify forward-looking statements. Although Burford believes that the assumptions, expectations, projections, intentions and beliefs about future results and events reflected in forward-looking statements have a reasonable basis and are expressed in good faith, forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause Burford's actual results and events to differ materially from (and be more negative than) future results and events expressed, projected or implied by these forward-looking statements. Factors that might cause future results and events to differ include, among others, those discussed in the "Risk Factors" section of Burford's Annual Report on Form 10-K for the year ended December 31, 2025 filed with the US Securities and Exchange Commission on February 26, 2026. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements contained in the periodic and current reports that Burford files with or furnishes to the US Securities and Exchange Commission. Many of these factors are beyond Burford's ability to control or predict, and new factors emerge from time to time. Furthermore, Burford cannot assess the impact of each such factor on its business or the extent to which any factor or combination of factors may cause actual results and events to be materially different from those contained in any forward-looking statement. Given these uncertainties, readers are cautioned not to place undue reliance on Burford's forward-looking statements.
All subsequent written and oral forward-looking statements attributable to Burford or to persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements speak only as of the date of this press release and, except as required by applicable law, Burford undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Christopher P. Bogart | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Executive Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of fully vested notional Ordinary Shares equivalent to a deferred amount of cash compensation under Burford's deferred compensation plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.27 | 228,264.3 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Christopher P. Bogart | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Executive Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of notional Ordinary Shares pursuant to the provisions of Burford's deferred compensation plan due to vest immediately | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.27 | 76,089.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Jonathan T. Molot | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Investment Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of fully vested notional Ordinary Shares equivalent to a deferred amount of cash compensation under Burford's deferred compensation plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.27 | 229,794.1 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Jonathan T. Molot | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Investment Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of notional Ordinary Shares pursuant to the provisions of Burford's deferred compensation plan due to vest immediately | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.27 | 76,599.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Jordan Licht | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Financial Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of fully vested notional Ordinary Shares equivalent to a deferred amount of cash compensation under Burford's deferred compensation plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.27 | 2,783.9 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Jordan Licht | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Financial Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of unvested notional Ordinary Shares pursuant to the provisions of Burford's deferred compensation plan due to vest in 2028 | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ Nil | 928.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Travis Lenkner | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Development Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of fully vested notional Ordinary Shares equivalent to a deferred amount of cash compensation under Burford's deferred compensation plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.27 | 61,265.5 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Travis Lenkner | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Development Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Notional Ordinary Shares | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Allocation of unvested notional Ordinary Shares pursuant to the provisions of Burford's deferred compensation plan due to vest in 2028 | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ Nil | 20,422.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Craig Arnott | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Investment Officer - International | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.55 | 156,287.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Elizabeth O'Connell | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Strategy Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s)4 | Volume(s) | |
$ 8.55 | 156,287.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Jordan Licht | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Financial Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.55 | 156,287.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Travis Lenkner | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Development Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.55 | 152,047.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Mark Klein | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of General Counsel and Chief Administrative Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.55 | 39,328.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Christopher P. Bogart | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Executive Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.55 | 24,740.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | Jonathan T. Molot | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Chief Investment Officer | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.55 | 24,740.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) Name | David Perla | ||
2 | Reason for the notification | ||
(a) Position/status | A PDMR occupying the position of Vice Chair | ||
(b) Initial notification /Amendment | Initial | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
(a) Name | Burford Capital Limited | ||
(b) LEI | 549300FUKUWFYJMT2277 | ||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
(a) Description of the financial instrument, type of instrument | Ordinary Shares of nil par value | ||
Identification code | GG00BMGYLN96 | ||
(b) Nature of the transaction | Grant of restricted share unit under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan | ||
(c) Price(s)and volume(s) | Price(s) | Volume(s) | |
$ 8.55 | 4,240.0 | ||
(d) Aggregated information • Aggregated volume • Price | N/A | ||
(e) Date of the transaction | 5 March 2026 | ||
(f) Place of the transaction | Outside a trading venue |
SOURCE Burford Capital Limited
FAQ**
What factors led to the significant purchases of Burford Capital Limited (BUR) shares by executive officers, totaling over $4.3 million, and how does this reflect their confidence in the company's future prospects?
How does the management's accumulated ownership level of approximately 8.5% in Burford Capital Limited (BUR) impact shareholder alignment and future strategic decisions within the firm?
Can you elaborate on the reasoning behind the board's decision to implement a $5.0 million share repurchase program for Burford Capital Limited (BUR) in relation to the Deferred Compensation Plan?
In what ways do the newly granted restricted share units (RSUs) to Burford Capital Limited (BUR) executive officers serve as an incentive for performance and long-term success within the company?
**MWN-AI FAQ is based on asking OpenAI questions about Burford Capital Limited (NYSE: BUR).
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