Utley Charles 4
4 · Burford Capital Ltd · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Burford Capital (BUR) Chief Accounting Officer Utley Receives RSU Award
What Happened Charles Utley, Chief Accounting Officer of Burford Capital Ltd (BUR), was granted 18,714 restricted share units (RSUs) on March 5, 2026. The grant is reported as a derivative award at an imputed price of $8.55 per share, for a total grant value of $160,005. This was an award/grant (not an open‑market purchase or sale).
Key Details
- Transaction type/date: Award (RSU grant) on 2026-03-05; reported on Form 4 filed 2026-03-09 (timely).
- Grant size and value: 18,714 RSUs at $8.55 per share, total $160,005 (derivative award).
- Vesting: RSUs vest in five equal installments. Footnote lists vesting dates for the first three installments: March 22, 2027; March 15, 2028; and March 15, 2029. Vesting is subject to continued employment. Each RSU represents a contingent right to one ordinary share.
- Shares owned after transaction: Not disclosed in this filing.
- Codes/notes: Transaction reported as a grant/award (derivative). No 10b5-1 plan or tax‑withholding note shown; filing appears timely (filed within required business days).
Context This is a standard equity compensation award used for retention and incentive alignment. RSUs are contingent — they convert to actual shares only as they vest and subject to continued employment — so this does not represent an immediate open‑market purchase or sale. For retail investors, awards signal compensation policy and potential future share issuance upon vesting rather than an immediate insider market view.
Insider Transaction Report
- Award
RSUs
[F1]2026-03-05$8.55/sh+18,714$160,005→ 57,397 total→ Ordinary Shares (18,714 underlying)
Footnotes (1)
- [F1]Represents restricted share units ("RSUs") granted on March 5, 2026 by the compensation committee of the board of directors of Burford Capital Limited under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan. The RSUs vest in five equal installments with (i) the first installment vesting on March 22, 2027, (ii) the second installment vesting on March 15, 2028 and (iii) the third installment vesting on March 15, 2029, in each case, subject to Mr. Utley's continued employment through such dates. Each RSU represents a contingent right to receive one ordinary share, no par value, of the Company ("Ordinary Share").