Christopher P. Bogart - Jan 28, 2025 Form 4 Insider Report for Burford Capital Ltd (BUR)

Signature
/s/ Mark N. Klein, as attorney-in-fact
Stock symbol
BUR
Transactions as of
Jan 28, 2025
Transactions value $
-$1,314,900
Form type
4
Date filed
1/30/2025, 05:15 PM
Previous filing
Jan 2, 2025
Next filing
Mar 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BUR Ordinary shares, no par value ("Ordinary Shares") Sale -$1.31M -90K -16.6% $14.61 452K Jan 28, 2025 By Trust F1, F2
holding BUR Ordinary Shares 7.65M Jan 28, 2025 By LLC
holding BUR Ordinary Shares 889K Jan 28, 2025 By LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 These Ordinary Shares were sold pursuant to a written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the US Securities Exchange Act of 1934, as amended, that was adopted by the reporting person on August 21, 2024.
F2 Represents Ordinary Shares held by Christopher P. Bogart Revocable Trust, of which the reporting person serves as a trustee and is a beneficiary.