{"url_path":"/sec/bur/10-q/2026/item-5","section_key":"item-5","section_title":"Item 5 Other information","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1714174/0001714174-26-000068-index.html","accession_number":"0001714174-26-000068","cik":"0001714174","ticker":"BUR","issuer_name":"Burford Capital Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1714174/0001714174-26-000068-index.html","primary_entity_key":"0001714174","primary_entity_name":"Burford Capital Ltd"},"word_count":550,"has_tables":true,"body_markdown":"Item 5. Other information\n\nRule 10b5-1 trading arrangements\n\nNo “Rule 10b5-1 trading arrangements” or “non-Rule 10b5-1 trading arrangements” (each, as defined by Item 408(a) and Item 408(c), respectively, of Regulation S-K) were adopted, modified or terminated by our\n\n77\n\n[Table of Contents](#i731b8c76f9e94f68ac598f3bb01635fa_7)\n\ndirectors or officers (as defined in Rule 16a-1(f) of the Exchange Act) during the three months ended March 31, 2026.\n\nExecutive Officers\n\nAppointment of Travis Lenkner as Chief Operating Officer\n\nTravis Lenkner is being appointed as our Chief Operating Officer (“COO”), effective as of May 8, 2026. Mr. Lenkner currently serves as Chief Development Officer. As COO, Mr. Lenkner will be responsible for execution and operating performance across our business units while retaining oversight of global business development and marketing, corporate development, and enterprise initiatives focused on long-term growth. Mr. Lenkner will also join the Commitments Committee of Burford.\n\nMr. Lenkner’s career has been defined by work across legal finance, complex litigation, and the management of law-related businesses. He entered the market in 2013 as a launch partner in Gerchen Keller Capital LLC. That firm grew to become the leading private fund manager focused on litigation finance before its acquisition by us in 2016, after which Mr. Lenkner served as a Managing Director of Burford. He later co-founded and served as Managing Partner of a premier complex-litigation law firm in the United States, with responsibility for hiring, strategy, and day-to-day management, before returning to Burford in 2024. Earlier in his career, Mr. Lenkner was in-house counsel at The Boeing Company; a litigator at Gibson, Dunn & Crutcher LLP; and a law clerk to Justice Anthony M. Kennedy at the Supreme Court of the United States and to then-Judge Brett M. Kavanaugh at the U.S. Court of Appeals for the D.C. Circuit.\n\nMr. Lenkner has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K other than the information in the section entitled “Related Party Transactions” in the definitive proxy statement relating to the annual general meeting of shareholders to be held on May 13, 2026 filed with SEC on April 2, 2026, which is incorporated herein by reference.\n\nDeparture of Craig Arnott\n\nCraig Arnott, presently serving as Chief Investment Officer–International, will depart from Burford as of August 31, 2026 (the “Departure Date”). On May 7, 2026, Burford Capital Services Limited (“BCSL”), a wholly owned subsidiary of the Company, entered into a departure agreement with Mr. Arnott (the “Agreement”). Under the Agreement, Mr. Arnott has agreed to provide transitional services through the Departure Date and, in consideration thereof, he will receive a pro-rated cash bonus based on his most recent annual cash bonus. Unless otherwise provided in the Agreement, the terms of the employment agreement, dated as of May 18, 2021, by and between BCSL and Mr. Arnott remain in full force and effect, including those terms governing termination of employment.\n\nThe foregoing summary of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, which is filed as Exhibit 10.2 to this Quarterly Report and is incorporated herein by reference.\n\nDavid Perla\n\nDavid Perla, presently serving as a Vice Chair, will continue serving in that role but is no longer an executive officer of Burford."}