Abacus director reports RSU tax withholding in Form 4
Abacus Global Management, Inc. director and more than 10% owner Sean McNealy reported routine share movements related to equity compensation.
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Rhea-AI Filing Summary
Abacus Global Management, Inc. director and more than 10% owner Sean McNealy reported routine share movements related to equity compensation. On May 8, 2026, 27,773 shares of common stock were withheld at $9.08 per share to cover tax obligations from vesting RSUs, a non‑market “withhold to cover” transaction rather than an open‑market sale. After these entries, McNealy directly holds 12,648,939 common shares and indirectly holds 86,207 shares through an LLC jointly owned with his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 27,773 | $9.08 | $252K |
| holding | Common Stock | -- | -- | -- |
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
RSUs financial
withhold to cover financial
tax withholding obligations financial
indirect ownership financial
FAQ
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What did Sean McNealy report in this Abacus Global (ABL) Form 4?
What does “withhold to cover” mean in the Abacus Global (ABL) Form 4?
How is indirect ownership reported for Abacus Global (ABL) in this Form 4?
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