ABX President Samantha Butcher Withholds 62,753 Shares for Taxes

What Happened

• Samantha Butcher, President of Life Solutions at Abacus Global Management, had 62,753 shares withheld to cover tax obligations tied to vested RSUs. The filing reports those shares as disposed at $11.86 per share, for a value of $744,251 on 2026-07-03. This is a tax-withholding/cashless settlement action rather than an open-market sale.

Key Details

• Transaction date and price: 2026-07-03; 62,753 shares at $11.86 each (total $744,251).
• Transaction code: F — payment of exercise price or tax liability (withhold-to-cover).
• Footnote: F1 — Issuer withheld shares to satisfy tax withholding on vesting; the reporting person elected "withhold to cover."
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Report filed 2026-07-28 for a 2026-07-03 transaction — appears to be filed late (Form 4 is normally due within two business days).

Context

• This was a routine tax-withholding settlement of restricted stock units (RSUs), not a motivated open-market sale or purchase. Withhold-to-cover transactions are common when equity awards vest and do not necessarily indicate a change in insider sentiment.