David Perla - 05 Dec 2025 Form 4 Insider Report for Burford Capital Ltd (BUR)

Role: Vice Chair
Signature: /s/ Mark N. Klein, as attorney-in-fact
Issuer symbol: BUR
Transactions as of: 05 Dec 2025
Net transactions value: +$95,631
Form type: 4
Filing time: 09 Dec 2025, 17:18:43 UTC
Previous filing: 11 Jul 2025
Next filing: 09 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Perla David	Vice Chair	C/O BURFORD CAPITAL LIMITED, OAK HOUSE, HIRZEL STREET, ST. PETER PORT, GUERNSEY	/s/ Mark N. Klein, as attorney-in-fact	09 Dec 2025	0001982783

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	$95,631	+10,294	+5%	$9.29	217,658	05 Dec 2025	Ordinary Shares	10,294		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 9,706.0 phantom restricted share units ("Phantom RSUs") by Mr. Perla under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and a matching contribution by Burford Capital Limited (the "Company") of 588.0 Phantom RSUs, which vest on November 7, 2027, in accordance with the NQDC Plan, subject to Mr. Perla'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 9,706.0 phantom restricted share units ("Phantom RSUs") by Mr. Perla under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and a matching contribution by Burford Capital Limited (the "Company") of 588.0 Phantom RSUs, which vest on November 7, 2027, in accordance with the NQDC Plan, subject to Mr. Perla'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.