Abacus Global grants 211,742 RSUs to president
Abacus Global Management, Inc. reported that Co-Founder and President Sean McNealy acquired 211,742 shares of common stock through a compensation-related grant.
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Rhea-AI Filing Summary
Abacus Global Management, Inc. reported that Co-Founder and President Sean McNealy acquired 211,742 shares of common stock through a compensation-related grant. The shares reflect restricted stock units that were originally granted on May 8, 2025 once performance conditions were met. The RSUs will vest in three equal annual installments from the grant date. Following this award, McNealy directly holds 12,676,712 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
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What insider transaction did Abacus Global Management (ABX) report?
Was the Abacus Global (ABX) Form 4 transaction an open-market purchase?
What are the vesting terms of Sean McNealy’s Abacus Global (ABX) RSUs?
What does transaction code "A" mean in the Abacus Global (ABX) Form 4?
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