Will Aviva O - 16 Dec 2025 Form 4 Insider Report for Burford Capital Ltd (BUR)

Role: President
Signature: /s/ Mark N. Klein, as attorney-in-fact
Issuer symbol: BUR
Transactions as of: 16 Dec 2025
Net transactions value: +$12,744
Form type: 4
Filing time: 18 Dec 2025, 16:34:26 UTC
Previous filing: 11 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Will Aviva O.	President	C/O BURFORD CAPITAL LIMITED, OAK HOUSE, HIRZEL STREET, ST. PETER PORT, GUERNSEY	/s/ Mark N. Klein, as attorney-in-fact	18 Dec 2025	0001987628

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BUR	Phantom RSUs	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$12,744	+1,394	+0.86%	$9.14	163,060	16 Dec 2025	Ordinary Shares	1,394		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a purchase of 1,045.3 phantom restricted share units ("Phantom RSUs") by Ms. Will under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and a matching contribution by Burford Capital Limited (the "Company") of 349.0 Phantom RSUs, which vest on November 7, 2027, in accordance with the NQDC Plan, subject to Ms. Will's continued employment through such date. Each Phantom RSU represents a contingent right to receive the economic equivalent of one ordinary share, no par value, of the Company ("Ordinary Share"), which may be paid in cash or Ordinary Shares in accordance with the terms of the NQDC Plan.

Content

Represents a purchase of 1,045.3 phantom restricted share units ("Phantom RSUs") by Ms. Will under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and a matching contribution by Burford Capital Limited (the "Company") of 349.0 Phantom RSUs, which vest on November 7, 2027, in accordance with the NQDC Plan, subject to Ms. Will's continued employment through such date. Each Phantom RSU represents a contingent right to receive the economic equivalent of one ordinary share, no par value, of the Company ("Ordinary Share"), which may be paid in cash or Ordinary Shares in accordance with the terms of the NQDC Plan.