Burford Capital (BUR) CIO Jonathan Molot granted RSUs and 306K phantom units

Rhea-AI Filing Summary

Molot Jonathan Todd reported acquisition or exercise transactions in this Form 4 filing.

Burford Capital Ltd Chief Investment Officer Jonathan Todd Molot reported equity compensation changes involving RSUs and phantom RSUs. He received a grant of 24,740 restricted share units at $8.55 per unit under the company’s 2025 Omnibus Incentive Compensation Plan.

The RSUs are scheduled to vest in five equal installments from March 22, 2027 through March 15, 2031, but because Mr. Molot becomes retirement eligible on August 10, 2025, they vested in full on the grant date, with settlement to follow the original schedule. Each RSU represents a contingent right to receive one ordinary share.

He also reported 306,393.1 phantom RSUs at $8.27 per unit under the Burford Capital Deferred Compensation Plan, consisting of 229,794.1 phantom RSUs purchased by Mr. Molot and a 76,599.0-unit matching contribution by the company. These phantom RSUs vested in full on the grant date and represent the economic equivalent of one ordinary share, payable in cash or shares under the plan’s terms.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Molot Jonathan Todd

(Last) (First) (Middle)

C/O BURFORD CAPITAL LIMITED

OAK HOUSE, HIRZEL STREET

(Street)

ST. PETER PORT Y7 GY1 2NP

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Burford Capital Ltd [ BUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
RSUs	(1)	03/05/2026		A		24,740		(1)	(1)	Ordinary Shares	24,740	$8.55	2,004,453.9	D
Phantom RSUs	(2)	03/05/2026		I		306,393.1		(2)	(2)	Ordinary Shares	306,393.1	$8.27	2,310,847	D

Explanation of Responses:

1. Represents restricted share units ("RSUs") granted on March 5, 2026 by the compensation committee of the board of directors of Burford Capital Limited (the "Company") 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. Notwithstanding the foregoing, as a result of Mr. Molot becoming retirement eligible on August 10, 2025, the RSUs vested in full on the grant date, with settlement to occur in accordance with the ordinary vesting schedule. Each RSU represents a contingent right to receive one ordinary share, no par value, of the Company ("Ordinary Share").

2. Represents a purchase of 229,794.1 phantom RSUs ("Phantom RSUs") by Mr. Molot under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and a matching contribution by the Company of 76,599.0 Phantom RSUs, which vested in full on the grant date as a result of Mr. Molot becoming retirement eligible on August 10, 2025, with settlement to occur in accordance with the distribution elections of Mr. Molot and the applicable provisions 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 Ordinary Shares in accordance with the terms of the NQDC Plan.

Remarks:

	/s/ Mark N. Klein, as attorney-in-fact	03/09/2026
	** Signature of Reporting Person	Date
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FAQ

What did Burford Capital (BUR) executive Jonathan Molot report on this Form 4?

Jonathan Molot reported equity compensation activity, including a grant of 24,740 restricted share units and 306,393.1 phantom RSUs. These awards are tied to Burford Capital’s incentive and deferred compensation plans and relate to contingent rights, not open-market stock purchases or sales.

How many RSUs were granted to Burford Capital (BUR) CIO Jonathan Molot?

Jonathan Molot received 24,740 restricted share units at a reference price of $8.55 per unit. The RSUs are linked to Burford Capital’s 2025 Omnibus Incentive Compensation Plan and ultimately represent contingent rights to receive ordinary shares, subject to the plan’s vesting and settlement terms.

What is the vesting schedule for Jonathan Molot’s new Burford Capital RSUs?

The RSUs are scheduled to vest in five equal installments between March 22, 2027 and March 15, 2031. Because Mr. Molot becomes retirement eligible on August 10, 2025, they vested in full on the grant date, with settlement still following the original installment schedule.

What are the phantom RSUs reported by Burford Capital (BUR) executive Jonathan Molot?

The filing shows 306,393.1 phantom RSUs at $8.27 per unit under Burford’s Deferred Compensation Plan. They include 229,794.1 units purchased by Mr. Molot and a 76,599.0-unit company match, vesting in full on grant and delivering the economic equivalent of one ordinary share per unit.

Do the Burford Capital (BUR) transactions involve open-market buying or selling of shares?

No, the reported transactions involve grants and deferred compensation awards, not market trades. They cover restricted share units and phantom RSUs that provide contingent or economic rights to ordinary shares, governed by Burford Capital’s incentive and deferred compensation plan documents.

How will Jonathan Molot’s phantom RSUs from Burford Capital be settled?

Each phantom RSU provides the economic equivalent of one ordinary share, payable in cash or ordinary shares. Actual settlement timing and form follow Mr. Molot’s distribution elections and the specific provisions of the Burford Capital Deferred Compensation Plan referenced in the Form 4 footnotes.