Abacus Global’s Ganovsky gets 211,742 RSUs
Abacus Global Management Co-Founder and President Matthew Ganovsky received 211,742 shares of common stock through a restricted stock unit award.
Rhea-AI Filing Summary
Abacus Global Management Co-Founder and President Matthew Ganovsky received 211,742 shares of common stock through a restricted stock unit award. The RSUs were originally granted on May 8, 2025 with performance-based vesting, and the performance conditions have now been satisfied.
The RSUs will vest in three equal annual installments, with one-third of the satisfied amount vesting on each of the first three anniversaries of the May 8, 2025 grant date. Following this compensation-related acquisition, Ganovsky directly holds 8,821,366 shares of Abacus Global Management common stock.
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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
What transaction did Abacus Global Management’s Matthew Ganovsky report on this Form 4?
What are the vesting terms for Matthew Ganovsky’s 211,742 Abacus Global RSUs?
What performance condition applied to Ganovsky’s Abacus Global RSU grant?
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