Abacus Global Management, Inc.·4

May 14, 8:11 PM ET

Jackson Jay J 4

4 · Abacus Global Management, Inc. · Filed May 14, 2026

Research Summary

AI-generated summary of this filing

Updated

Abacus Global (ABX) CEO Jackson Jay J Sells 95,770 Shares to Cover Taxes

What Happened

  • Jackson Jay J, CEO of Abacus Global Management, reported a disposition on May 8, 2026: 95,770 shares were withheld by the company to satisfy tax withholding obligations related to vested RSUs. The shares were valued at $9.08 each, for a total of about $869,592. This is a tax-withholding "withhold to cover" transaction (code F), not an open-market sale.

Key Details

  • Transaction date and price: May 8, 2026 — 95,770 shares at $9.08 per share.
  • Total value of shares withheld: approximately $869,592.
  • Shares owned after transaction: not specified in the filing.
  • Footnote: F1 — Issuer withheld shares to cover tax withholding on RSU vesting; the reporting person elected "withhold to cover."
  • Filing timeliness: Form 4 was filed on May 14, 2026 (six days after the transaction) and appears to be late relative to the typical two-business-day Form 4 deadline.

Context

  • This was a routine tax-withholding event tied to RSU vesting (not a discretionary sale). Withhold-to-cover dispositions are common and generally reflect tax obligations rather than a direct statement about the insider’s view on the company.

Insider Transaction Report

Form 4
Period: 2026-05-08
Jackson Jay J
DirectorChief Executive Officer10% Owner
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-05-08$9.08/sh95,770$869,59210,593,430 total
Footnotes (1)
  • [F1]Represents shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The Reporting Person has elected to satisfy tax withholding obligations through a "withhold to cover" transaction.
Signature
/s/ Jay J. Jackson|2026-05-14

Documents

1 file
  • 4
    wk-form4_1778803863.xmlPrimary

    FORM 4