---
schema_version: "secwatch.filing_event.v1"
accession: "0001714174-25-000199"
form_type: "8-K"
ticker: "BUR"
cik: "0001714174"
company_name: "Burford Capital Ltd"
filed_at: "2025-11-25T23:59:59+00:00"
generated_at: "2026-05-16T16:58:36.088326+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Burford amends CEO, CIO employment: eliminates target bonus, raises carry to 3.75%

## Summary
- CEO Bogart and CIO Molot to receive $1.9M base salary and 3.75% carry starting Jan 1, 2026.
- Annual target bonus of 200% base salary eliminated after ISS criticism.
- Carry increased from 3.00% to 3.75%, restoring the historical formula.
- Severance in non-CIC termination: 2x (base salary + $2M) paid over 24 months.
- Certain perquisites criticized by ISS are discontinued.

## SEC filing metadata
- accession: 0001714174-25-000199
- form_type: 8-K
- ticker: BUR
- cik: 0001714174
- company_name: Burford Capital Ltd
- filed_at: 2025-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1714174/000171417425000199/0001714174-25-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1714174/000171417425000199/bur-20251124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001714174-25-000199
- JSON: https://secwatch.observer/filing/0001714174-25-000199.json
- Plain text: https://secwatch.observer/filing/0001714174-25-000199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.