Abacus CEO RSU tax withholding of 95,770 shares
Abacus Global Management, Inc. Chief Executive Officer Jackson Jay J reported a tax-withholding disposition related to equity compensation.
Rhea-AI Filing Summary
Abacus Global Management, Inc. Chief Executive Officer Jackson Jay J reported a tax-withholding disposition related to equity compensation. On May 8, 2026, the issuer withheld 95,770 shares of Common Stock at $9.08 per share to cover tax obligations arising from the vesting and settlement of RSUs, through a "withhold to cover" transaction. After this non‑market event, the reporting person directly holds 10,593,430 shares of Common Stock.
Positive
- None.
Negative
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Insights
Routine tax withholding on RSU vesting; no open-market trading signal.
The CEO of Abacus Global Management, Inc., Jackson Jay J, had 95,770 shares withheld at $9.08 per share to satisfy tax withholding obligations from RSU vesting. This is disclosed as a withhold to cover transaction, not a discretionary market sale.
Following the transaction, he directly holds 10,593,430 shares of Common Stock, indicating the disposition is small relative to his total position. Because the event is purely mechanical and tied to compensation and taxation, it typically carries limited informational value about management’s view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 95,770 | $9.08 | $870K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The Reporting Person has elected to satisfy tax withholding obligations through a "withhold to cover" transaction.
Key Figures
Key Terms
RSUs financial
withhold to cover financial
tax withholding obligations financial
Common Stock financial
FAQ
What insider transaction did Abacus Global Management (ABL) report on this Form 4?
Was the Abacus Global Management CEO’s Form 4 transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.