Abacus Global Management, Inc. Insider Trading Activity
Abacus Global Management, Inc. Co-Founder and President Kirby Kevin Scott reported an acquisition of 211,742 shares of Common Stock as a compensation grant.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Abacus Global Management, Inc. Co-Founder and President Kirby Kevin Scott reported an acquisition of 211,742 shares of Common Stock as a compensation grant. These shares represent Restricted Stock Units tied to performance goals that have now been met and will vest in three equal annual installments starting from the grant date. Following this grant, Scott directly holds 12,676,412 shares of Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 211,742 | $10.10 | $2.14M |
Footnotes (1)
- F1. Reflects Issuer's grant of 211,742 Restricted Stock Units (RSUs) that were made subject to performance-based vesting on May 8, 2025 for which the performance-based criteria have now been satisfied. These RSUs vest one-third (1/3) of the total amount that satisfied the performance-based vesting criteria on each of the first three anniversaries of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Abacus Global (ABX) report for Kirby Kevin Scott?
Was the Abacus Global (ABX) insider transaction an open-market buy or a grant?
How many Abacus Global (ABX) RSUs were granted to Kirby Kevin Scott?
What are the vesting terms of the Abacus Global (ABX) RSUs granted to Kirby Kevin Scott?
What performance conditions applied to the Abacus Global (ABX) RSUs granted to Kirby Kevin Scott?
AI-generated analysis. How Rhea-AI works. Not financial advice.