Abacus Global (ABL) amends Form 4 on 86,207-share LLC holding

Rhea-AI Filing Summary

Abacus Global Management, Inc. director and Co-Founder and President Sean McNealy filed an amended Form 4 to correct prior ownership reporting. A June 4, 2025 Form 4 had added 86,207 shares of Common Stock, purchased at $5.774 per share, to his direct holdings even though they are indirectly held through an LLC jointly owned with his spouse. This amendment removes those shares from his direct total and adds a new indirect-ownership line for the LLC.

The amendment also clarifies treatment of Restricted Stock Units (RSUs). A grant of 24,000 RSUs made on February 13, 2024 vests in three equal installments of 8,000 RSUs on each of the first three anniversaries. While 8,000 RSUs had been reported as vested in Table I, the derivative securities table had not been updated for the reduced RSU balance, so this filing aligns those tables.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

McNealy Sean

(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)

X	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								12,369,500	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 June 4, 2025, the Reporting Person filed a Form 4 that disclosed that the Reporting Person acquired 86,207 shares that are indirectly held through a limited liability company with the Reporting Person's spouse. However, these shares were inadvertently added to the Reporting Person's total direct holdings, and designated as directly owned in column 6, thereby causing the Reporting Person's direct holdings to be incorrectly stated. As such, this amendment removes the 86,207 shares from the Reporting Person's direct holdings and adds a new row to Table I to disclose the Reporting Person's indirect 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 Reporting Person failed to amend Table II to reflect the vesting and the change in the number of derivative securities outstanding.

Remarks:

	Sean McNealy	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 does Sean McNealy’s amended Form 4 change for Abacus Global (ABL)?

The amendment corrects how 86,207 shares are classified, moving them from Sean McNealy’s direct holdings to indirect ownership through an LLC jointly owned with his spouse. It also updates RSU tables to match previously reported vesting activity.

How many Abacus Global (ABL) shares are involved in the corrected LLC holding?

The amendment concerns 86,207 shares of Abacus Global common stock. These shares were purchased at $5.774 each and are held indirectly through a limited liability company jointly owned by Sean McNealy and his spouse, rather than as directly owned stock.

How are Sean McNealy’s RSUs structured at Abacus Global (ABL)?

Sean McNealy received a grant of 24,000 Restricted Stock Units that vest in three equal installments of 8,000 RSUs on each of the first three anniversaries of the February 13, 2024 grant date. Each RSU converts into one share of common stock.

Why did Abacus Global (ABL) need to amend the RSU information?

The company amended the filing because 8,000 RSUs had vested and been reported in the non-derivative table, but the derivative securities table was not adjusted to show the reduced number of RSUs outstanding. This amendment aligns both tables with the vesting event.

Is the 86,207-share purchase for Abacus Global (ABL) a direct insider buy?

The 86,207-share transaction is an open-market purchase, but the shares are indirectly held through a limited liability company jointly owned with Sean McNealy’s spouse. The amendment clarifies that these shares are not part of his directly owned holdings.

Does the Abacus Global (ABL) Form 4/A indicate any insider share sales?

The data show net buying and RSU acquisition activity, with one open-market purchase of 86,207 shares and an 8,000-unit RSU vesting, and no reported sales or dispositions. The main purpose is to correct ownership classification and derivative tables, not to disclose new sales.