Abacus Global CEO granted 2M performance rights
Jackson Jay J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jackson Jay J reported acquisition or exercise transactions in this Form 4 filing.
Abacus Global Management, Inc. reported that Chief Executive Officer Jackson Jay J received a grant of performance rights. The award covers 2,000,000 performance rights, each representing the contingent right to receive one share of common stock at settlement.
The grant, made on June 3, 2026, will deliver up to 2,000,000 shares only if specified market capitalization or assets under management targets are achieved during 2026. Following this award, the reporting person holds 2,000,000 performance rights directly, reflecting a compensation-related equity incentive rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 2,000,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each performance right represents the contingent right to receive, at settlement, one share of the Issuer's common stock.
- F2. On June 3, 2026, Reporting Person was granted the right to receive 2,000,000 shares of the Issuer's common stock if certain Issuer market capitalization or assets under management targets are satisfied during 2026.
Key Figures
Key Terms
Performance rights financial
market capitalization financial
assets under management financial
common stock financial
FAQ
What insider transaction did Abacus Global Management (ABX) report for its CEO?
How many Abacus Global (ABX) performance rights were granted to the CEO?
What conditions apply to the Abacus Global (ABX) CEO’s 2,000,000 performance rights?
Does the Abacus Global (ABX) Form 4 show any open-market stock purchases or sales?
What does each performance right in the Abacus Global (ABX) filing represent?
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