Kirby Kevin Scott 4/A

What Happened

• Kirby Kevin Scott (reported as a 10% owner) purchased 86,207 shares of Abacus Global Management, Inc. (ABX) in an open-market or private purchase on June 4, 2025 at $5.77 per share, totaling about $497,759. Separately, 8,000 shares vested to him as the result of RSUs granted on February 13, 2024 (reported as an award/acquisition on February 13, 2025) at $0.00 (derivative conversion).
• This is an amended Form 4 (filed Feb 18, 2026) correcting how the prior filing reported direct vs. indirect holdings and the RSU vesting.

Key Details

• Purchase: 86,207 shares @ $5.77 on 2025-06-04 (P) — ~$497,759 total.
• Award/vesting: 8,000 RSU shares vested on 2025-02-13 (A) — reported as derivative acquisition at $0.00; RSUs convert 1-for-1 to common stock.
• Amendment reason: original Form 4 omitted the 8,000 vested shares from direct holdings, incorrectly added 86,207 indirectly held shares to direct holdings, and erroneously included 8 extra shares. This amendment adds the 8,000 to direct holdings, discloses the 86,207 shares as indirectly held through an LLC with the spouse, and removes 86,215 shares from previously reported direct holdings. The report also notes Table II was not updated previously to reflect the change in derivative securities outstanding.
• Filing: Amended Form 4 filed 2026-02-18; original transactions occurred in 2025 — the amendment corrects previous reporting (late amendment).

Context

• The purchase is a buy (increasing ownership) while the RSU vesting is a routine equity compensation event (derivative conversion to common stock). For a 10% owner, disclosures can reflect ownership through related entities (here an LLC with the spouse), so check both direct and indirect holdings for the full picture.
• Because this is an amended, late filing, investors should note the timing gap between the transaction dates and the correction when assessing the immediacy of the disclosure.