Abacus Global Management (ABL) insider corrects holdings, adds 86,207-share buy

Rhea-AI Filing Summary

Abacus Global Management insider Kirby Kevin Scott, a co-founder, president and 10% owner, filed an amended Form 4 to correct how his holdings are reported. The amendment reflects an open-market purchase of 86,207 shares of common stock at $5.774 per share held indirectly through an LLC jointly owned with his spouse, and a prior grant of 8,000 restricted stock units that convert into common stock on a one-for-one basis. The footnotes explain that a June 4 report misclassified 86,215 shares as directly owned and omitted the 8,000 vested shares, so this filing moves those shares to the correct direct and indirect categories and updates the remaining RSU balance from a 24,000-unit award vesting in three equal 8,000-share installments.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kirby Kevin Scott

(Last) (First) (Middle)

2101 PARK CENTER DRIVE, SUITE 200

(Street)

ORLANDO FL 32835

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Abacus Global Management, Inc. [ ABX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Founder and President

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/04/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								12,369,200	D
Common Stock	06/04/2025		P		86,207	A	$5.774	86,207(1)	I	By LLC jointly owned with spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(2)	02/13/2025		A		8,000		(3)	(3)	Common Stock	16,000	$0	97,856(2)	D

Explanation of Responses:

1. On 6/4/2025 the Reporting Person (RP) filed a Form 4 that disclosed that the RP acquired 8,000 shares of Common Stock (CS) as the result of a vesting of a Restricted Stock Unit (RSU) award. However, those shares were inadvertently not included in the total number of shares directly held by the RP. Additionally, the Form 4 disclosed that the RP acquired 86,207 shares that are indirectly held through a limited liability company with the RP's spouse. However, these shares were inadvertently added to the RP's total direct holdings, thereby causing the RP's direct holdings to be incorrectly stated. Further, when adding these indirectly held shares to the total shares directly reported, 8 shares were erroneously included. As such, this amendment adds the 8,000 shares to the RP's direct holdings and adds a new row to Table I to disclose the RP's indirect holdings. It also removes 86,215 shares from the RP's direct holdings.

2. RSUs convert into Common Stock on a one-for-one basis.

3. On June 4, 2025, the Reporting Person reported in Table I the vesting of 8,000 shares pursuant to the Reporting Person's grant of 24,000 RSUs from the company on February 13, 2024, which vest in three equal installments of 8,000 on each of the first three anniversaries of the grant. However, the report failed to amend Table II to reflect the vesting and the change in the number of derivative securities outstanding.

Remarks:

	Kevin Scott Kirby	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Kirby Kevin Scott report for Abacus Global Management (ABL)?

He reported two key changes. One is an open-market purchase of 86,207 common shares at $5.774 each, held indirectly via an LLC with his spouse. The other is an 8,000-unit restricted stock award that converts into common stock one-for-one.

Why did Abacus Global Management (ABL) file an amended Form 4 for Kirby Kevin Scott?

The amendment corrects earlier share-count errors. A prior report misclassified 86,215 indirectly held shares as direct holdings and omitted 8,000 vested shares from a restricted stock unit award, so this filing reallocates those amounts to the proper direct and indirect ownership categories.

How many Abacus Global Management (ABL) shares did Kirby Kevin Scott buy on the open market?

He bought 86,207 common shares. The transaction was an open-market purchase at a price of $5.774 per share and the shares are held indirectly through a limited liability company jointly owned with his spouse, rather than in his own name.

What restricted stock unit award is reported for Kirby Kevin Scott at Abacus Global Management (ABL)?

He reports an 8,000-unit restricted stock award. The RSUs convert into common stock on a one-for-one basis and relate to a larger 24,000-unit grant that vests in three equal 8,000-share installments on successive anniversaries of the original grant date.

Did the amended Form 4 for Abacus Global Management (ABL) report any insider share sales?

The filing does not report any sales. It records an open-market purchase of 86,207 common shares and an acquisition of 8,000 restricted stock units, along with corrections to how previously reported direct and indirect holdings and derivative balances were categorized.