Jackson Jay J 4
Research Summary
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Abacus Global (ABX) CEO Jackson Jay Receives 730,144 RSUs
What Happened Jackson Jay, CEO of Abacus Global Management, was recorded as acquiring 730,144 restricted stock units (RSUs) on 2026-03-12. The filing reports an acquisition value of $10.10 per share, for a total reported value of $7,374,454. The transaction is reported as an award/grant (Form 4 code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-12; reported on Form 4 filed 2026-03-16 (timely filing).
- Price/value in filing: $10.10 per share; total $7,374,454.
- Shares acquired: 730,144 RSUs.
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnote: These RSUs were granted May 8, 2025 subject to performance-based vesting; the performance criteria have now been satisfied. The RSUs vest one‑third on each of the first three anniversaries of the grant date.
- Transaction code: A (award/grant).
Context This was a compensation award (RSUs) tied to prior performance conditions, rather than a market purchase or sale. Such awards are typically part of executive pay/retention and do not by themselves indicate buying or selling sentiment. The filing shows the performance condition was met; the RSUs remain subject to the stated vesting schedule.