Abacus Global Management, Inc.·4

May 14, 8:11 PM ET

Jackson Jay J 4

Research Summary

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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.