Perla David 4
4 · Burford Capital Ltd · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Burford Capital (BUR) Vice Chair Perla David Receives RSU Award
What Happened Perla David, Vice Chair of Burford Capital Ltd (BUR), received a grant of 4,240 restricted share units (RSUs) on March 5, 2026. The grant is reported as a derivative award valued at $8.55 per RSU, totaling $36,252. This was an award (not an open-market purchase or sale); the RSUs convert to ordinary shares only if and when they vest.
Key Details
- Transaction date and value: March 5, 2026 — 4,240 RSUs at $8.55 each = $36,252 (reported as an "A" award/derivative on the Form 4).
- Vesting schedule (footnote): RSUs vest in five equal installments — first on March 22, 2027, then March 15 of 2028, 2029, 2030, and 2031 — each installment subject to continued employment. Each RSU represents the contingent right to one ordinary share.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed March 9, 2026, for a March 5, 2026 grant; this appears to be within the typical two-business-day filing window for Form 4s.
Context This was a compensation grant (RSUs). RSU awards are common executive compensation and only become actual shares if vesting conditions are met; they are not an immediate cash purchase or sale. Because the filing does not state post-transaction holdings, you cannot infer David’s overall ownership level or whether this reflects a bullish signal.
Insider Transaction Report
- Award
RSUs
[F1]2026-03-05$8.55/sh+4,240$36,252→ 221,898.2 total→ Ordinary Shares (4,240 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, (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 Mr. Perla'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").