Abacus Global CFO shares withheld for RSU taxes
Abacus Global Management, Inc. Chief Financial Officer William Hugh McCauley Jr. reported a tax-related share disposition tied to restricted stock units (RSUs).
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Rhea-AI Filing Summary
Abacus Global Management, Inc. Chief Financial Officer William Hugh McCauley Jr. reported a tax-related share disposition tied to restricted stock units (RSUs). On May 8, 2026, 46,927 shares of common stock were withheld at $9.08 per share to cover tax withholding obligations upon RSU vesting and settlement, under a “withhold to cover” election. After this non‑market transaction, McCauley directly held 1,105,843 shares of Abacus Global common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 46,927 | $9.08 | $426K |
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
restricted stock units (RSUs) financial
withhold to cover financial
tax withholding obligations financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Abacus Global (ABL) report for its CFO?
Was the Abacus Global (ABL) CFO’s Form 4 transaction an open-market sale?
What does “withhold to cover” mean in the Abacus Global (ABL) Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.