Corrie Pamela B 4
Research Summary
AI-generated summary
Burford Capital Director Pamela B. Corrie Receives 11,203-Share Award
What Happened
- Pamela B. Corrie, a director of Burford Capital Ltd (BUR), was granted 11,203 ordinary shares on 2026-06-15. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share, so the reported transaction value is $0. This was a compensatory grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; Filing date (Form 4): 2026-06-17 (filed within the typical two-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 11,203 ordinary shares at $0.00 per share (reported acquisition value $0).
- Shares owned after the transaction: Not specified in the provided filing details.
- Footnote: Grant made under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan.
- No indication in this filing of a 10b5-1 plan, sale, option exercise, or tax-withholding disposition.
Context
- Director grants are typically compensation for board service and may be subject to vesting or other conditions; they are not the same as an outright market purchase and do not by themselves indicate the insider's short-term market sentiment.
- Because this was an awarded grant (compensation), retail investors should view it differently than a director buying stock with personal funds.