Abacus CFO granted 1M performance rights
McCauley William Hugh JR reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McCauley William Hugh JR reported acquisition or exercise transactions in this Form 4 filing.
Abacus Global Management, Inc. reported that Chief Financial Officer William Hugh McCauley Jr. received a grant of performance rights. On June 3, 2026, he was awarded 1,000,000 performance rights, each representing a contingent right to receive one share of common stock at settlement.
The grant will deliver up to 1,000,000 shares of common stock if specified company market capitalization or assets under management targets are achieved during 2026. Following this grant, McCauley holds 1,000,000 performance rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 1,000,000 | $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 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
Key Terms
Performance Rights financial
contingent right financial
market capitalization financial
assets under management financial
FAQ
What did Abacus Global Management (ABL) disclose about its CFO in this Form 4?
How many performance rights did the Abacus Global Management (ABL) CFO receive?
What conditions apply to the CFO’s 1,000,000 performance rights at Abacus Global Management (ABL)?
Does the Abacus Global Management (ABL) Form 4 show an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.