[Form 4] Abacus Global Management, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plesco Elena reported acquisition or exercise transactions in this Form 4 filing.
Abacus Global Management, Inc. reported that Chief Investment Officer Elena Plesco received a grant of performance rights on June 3, 2026. The award covers 1,000,000 performance rights, each representing a contingent right to receive one share of common stock.
The grant will deliver up to 1,000,000 shares of common stock only if specified company market capitalization or assets under management targets are met during 2026. Following this grant, Plesco holds derivative rights over 1,000,000 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Plesco Elena
Role
Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 1,000,000 | $0.00 | -- |
Holdings After Transaction:
Performance Rights — 1,000,000 shares (Direct, null)
Footnotes (1)
- Each performance right represents the contingent right to receive, at settlement, one share of the Issuer's common stock. On June 3, 2026, Reporting Person was granted the right to receive 1,000,000 shares of the Issuer's common stock if certain Issuer market capitalization or assets under management targets are satisfied during 2026.
Key Figures
Performance rights granted: 1,000,000 performance rights
Underlying common stock: 1,000,000 shares
Transaction price per right: $0.00 per right
+2 more
5 metrics
Performance rights granted
1,000,000 performance rights
Grant to CIO on June 3, 2026
Underlying common stock
1,000,000 shares
One share deliverable per performance right
Transaction price per right
$0.00 per right
Compensation award, no cash paid by CIO
Transaction date
June 3, 2026
Date of performance rights grant
Post-grant derivative holdings
1,000,000 performance rights
Total derivative rights following reported transaction
Key Terms
Performance Rights, contingent right, market capitalization, assets under management
4 terms
Performance Rights financial
"Each performance right represents the contingent right to receive, at settlement, one share of the Issuer's common stock."
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
contingent right financial
"Each performance right represents the contingent right to receive, at settlement, one share of the Issuer's common stock."
market capitalization financial
"granted the right to receive 1,000,000 shares ... if certain Issuer market capitalization or assets under management targets are satisfied during 2026."
Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.
assets under management financial
"if certain Issuer market capitalization or assets under management targets are satisfied during 2026."
Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.