Abacus Global Management (ABL) CEO receives 8,000-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abacus Global Management, Inc. reported that Chief Executive Officer Jackson Jay received an award of 8,000 shares of common stock on February 13, 2026 as a grant or other acquisition. After this vesting event, his directly held common stock totals 9,959,056 shares.
The newly vested shares relate to a 24,000-unit restricted stock unit grant from February 13, 2024, which vests in equal thirds on each of the first three anniversaries of the grant date. Footnotes also note additional time-based RSUs outstanding, including 81,856 RSUs granted on April 3, 2025 and 8,000 RSUs from the 2024 grant scheduled to vest on February 13, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Jay J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,000 | $8.40 | $67K |
Holdings After Transaction:
Common Stock — 9,959,056 shares (Direct)
Footnotes (1)
- Includes 8,000 shares of Common Stock that vested on February 13, 2026 (in connection with the Issuer's grant of 24,000 Restricted Stock Units (RSUs) to the Reporting Person on February 13, 2024 with one-third (1/3) of the total amount granted on each of the first three anniversaries of the grant date). Includes certain time-based RSUs that remain outstanding that will vest and be converted to a like number of the Issuer's common stock that were previously reported on Table II, including 81,856 time-based RSUs, granted on April 3, 2025, a third of which will vest on each of March 27, 2026, March 27, 2027 and March 27, 2028, and including RSUs granted to the Reporting Person on February 13, 2024, a third of which vest on each anniversary of the grant, with 8,000 remaining and scheduled to vest on February 13, 2027.
FAQ
What insider transaction did Abacus Global Management (ABL) report on this Form 4?
Abacus Global Management reported its CEO, Jackson Jay, acquired 8,000 shares of common stock on February 13, 2026. The transaction is classified as a grant or award acquisition rather than an open-market purchase, increasing his directly held stake to 9,959,056 shares.
Was the Abacus Global (ABL) CEO transaction a stock purchase or an award?
The CEO’s 8,000-share transaction was an award acquisition, not an open-market purchase. The shares vested from a 24,000-unit restricted stock unit grant made on February 13, 2024, with one-third vesting on each of the first three anniversaries.
What are the vesting terms of the CEO’s 2024 RSU grant at Abacus Global (ABL)?
The 2024 RSU grant totaled 24,000 units, with one-third vesting on each of the first three anniversaries of February 13, 2024. The filing notes 8,000 shares vested on February 13, 2026, and another 8,000 RSUs are scheduled to vest on February 13, 2027.
What additional time-based RSUs remain outstanding for the Abacus Global (ABL) CEO?
The filing references 81,856 time-based RSUs granted on April 3, 2025, vesting in thirds on March 27, 2026, 2027, and 2028. It also cites remaining RSUs from the February 13, 2024 grant, including 8,000 units scheduled to vest on February 13, 2027.