Butcher Samantha 4

What Happened Samantha Butcher, President of Life Solutions at Abacus Global Management, was granted 1,000,000 performance rights on June 3, 2026. The award was reported as an acquisition at $0.00 per right (total reported acquisition value $0). These are derivative awards—each performance right represents a contingent right to receive one share of ABX common stock if specified targets are met.

Key Details

• Transaction date: June 3, 2026; Form 4 filed: June 5, 2026 (timely filing).
• Instrument: 1,000,000 performance rights (derivative), acquisition price $0.00.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 — each performance right converts to one share at settlement; F2 — grant vests/settles only if market capitalization or assets-under-management targets are satisfied during 2026.
• Transaction type code: A (award/grant); no sale or cash purchase involved.

Context This grant is a contingent compensation award, not an immediate purchase of shares. The performance rights only translate into actual common shares if the issuer meets the stated performance conditions, so the grant does not increase outstanding common shares until settlement. Such awards are common for executive compensation and do not necessarily indicate immediate insider buying or selling.