Abacus Global CEO awarded 730,144 performance RSUs
Abacus Global Management, Inc. reported that Chief Executive Officer Jackson Jay J acquired 730,144 shares of Common Stock through the vesting of previously granted Restricted Stock Units.
Rhea-AI Filing Summary
Abacus Global Management, Inc. reported that Chief Executive Officer Jackson Jay J acquired 730,144 shares of Common Stock through the vesting of previously granted Restricted Stock Units. These RSUs were granted on May 8, 2025 with performance-based criteria that have now been satisfied.
The RSUs vest in three equal installments, with one-third of the amount that met the performance criteria vesting on each of the first three anniversaries of the grant date. Following this equity award, Jackson Jay J holds a total of 10,689,200 shares of Common Stock directly, highlighting a large ongoing ownership stake aligned with shareholder interests.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 730,144 | $10.10 | $7.37M |
Footnotes (1)
- F1. Reflects Issuer's grant of 730,144 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
What insider transaction did Abacus Global (ABX) disclose in this Form 4?
What is the vesting schedule for the Abacus Global (ABX) CEO’s new RSUs?
What are the Abacus Global (ABX) CEO’s holdings after this RSU award?
When were the Abacus Global (ABX) performance-based RSUs originally granted?
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