Elizabeth Oconnell - 26 Mar 2026 Form 4 Insider Report for Burford Capital Ltd (BUR)

Reporting relationship: Chief Strategy Officer
Issuer ticker: BUR
Reported as of: 26 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 30 Mar 2026, 17:37:20 UTC
Prior SEC filing: 09 Mar 2026
Next SEC filing: 17 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Mark N. Klein, as attorney-in-fact

Key filing fact

Elizabeth Oconnell filed Form 4 for Burford Capital Ltd (BUR) on 30 Mar 2026.

Key facts

This page summarizes Elizabeth Oconnell's Form 4 filing for Burford Capital Ltd (BUR).
7 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 30 Mar 2026, 17:37.

Change

Previous filing in this sequence was filed on 09 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001370474 Primary reporting owner

OCONNELL ELIZABETH

Relationship: Chief Strategy Officer
Address: C/O BURFORD CAPITAL LIMITED, OAK HOUSE, HIRZEL STREET, ST. PETER PORT, GUERNSEY
Signature: /s/ Mark N. Klein, as attorney-in-fact
Signature date: 30 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BUR transaction

Ordinary shares, no par value ("Ordinary Shares")

Options Exercise

Transaction value
Shares: +18,437
Change %: +53%
Price: $0.000000^*
Shares after: 53,191
Date: 26 Mar 2026
Ownership: By Trust
Footnotes: F1, F2

BUR transaction

Ordinary Shares

Options Exercise

Transaction value
Shares: +14,197
Change %: +27%
Price: $0.000000^*
Shares after: 67,388
Date: 26 Mar 2026
Ownership: By Trust
Footnotes: F2, F3

BUR transaction

Ordinary Shares

Tax liability

Transaction value
Shares: -13,029
Change %: -19%
Price: $7.70^*
Shares after: 54,359
Date: 26 Mar 2026
Ownership: By Trust
Footnotes: F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BUR transaction Derivative

RSUs

Options Exercise

Transaction value
Shares: -18,437
Change %: -4.3%
Price: $0.000000^*
Shares after: 407,034
Date: 26 Mar 2026
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 18,437
Exercise price
Footnotes: F1, F5

BUR transaction Derivative

PSUs

Options Exercise

Transaction value
Shares: -14,197
Change %: -3.5%
Price: $0.000000^*
Shares after: 392,836
Date: 26 Mar 2026
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 14,197
Exercise price
Footnotes: F3, F5

BUR transaction Derivative

RSUs

Options Exercise

Transaction value
Shares: -3,791
Change %: -0.97%
Price: $0.000000^*
Shares after: 389,046
Date: 26 Mar 2026
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 3,791
Exercise price
Footnotes: F5, F6

BUR transaction Derivative

Phantom RSUs

Award

Transaction value
Shares: +3,791
Change %: +0.97%
Price: $0.000000^*
Shares after: 392,836
Date: 26 Mar 2026
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 3,791
Exercise price
Footnotes: F5, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Represents an award of restricted share units ("RSUs") granted on March 22, 2023 that vested in full on August 12, 2025, due to the reporting person becoming retirement eligible under Burford Capital Limited's retirement policy in effect from time to time, with settlement to occur in the form of Ordinary Shares on a one-for-one-basis on the third anniversary of the grant date in accordance with the ordinary vesting schedule.

Footnote F2

Represents Ordinary Shares held by Elizabeth O'Connell Revocable Trust, of which the reporting person serves as a sole trustee and is a beneficiary.

Footnote F3

Represents vesting of an award of performance-based RSUs ("PSUs") granted on March 22, 2023 that vested at 77% of target level upon certification of achievement of the financial performance metrics. Each PSU converts into an Ordinary Share on a one-for-one basis.

Footnote F4

Represents satisfaction of tax withholding obligations by net settlement of Ordinary Shares upon vesting of RSUs and PSUs.

Footnote F5

The transactions reported in this Form 4 do not include transactions reported separately by Christopher Bogart, the reporting person's spouse, who is also an executive officer of Burford Capital Limited.

Footnote F6

Represents one-third of an award of RSUs granted on March 13, 2025 that vested in full on August 12, 2025, due to the reporting person becoming retirement eligible under Burford Capital Limited's retirement policy in effect from time to time, with settlement to occur in the form of Ordinary Shares on a one-for-one-basis on March 22, 2026 in accordance with the ordinary vesting schedule. Notwithstanding the foregoing, the reporting person has elected to defer receipt of 100% of Ordinary Shares deliverable upon the scheduled vesting date of the RSUs pursuant to the Burford Capital Deferred Compensation Plan (the "NQDC Plan"), resulting in the reporting person's receipt of 3,791 phantom RSUs ("Phantom RSUs").

Footnote F7

Represents the conversion of 3,791 RSUs into Phantom RSUs, on a one-for-one basis, under the NQDC Plan. Each Phantom RSU represents a contingent right to receive the economic equivalent of one Ordinary Share, which may be paid in cash or settled in an Ordinary Share in accordance with the terms of the NQDC Plan.