Abacus 10% holder plans 500K-share sale
Abacus Global Management, Inc. (ABX) received a notice that 10% shareholder Matthew Ganovsky, through J.P.
Rhea-AI Filing Summary
Abacus Global Management, Inc. (ABX) received a notice that 10% shareholder Matthew Ganovsky, through J.P. Morgan Securities LLC as agent, plans to sell 500,000 shares of common stock under Rule 144 on the NYSE, with sales expected today or within three months from September 18, 2026.
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Key Figures
Shares to be sold: 500,000 shares of common stock
Aggregate market value of shares to be sold: $4,535,000
Shares outstanding: 97,792,249 shares
+2 more
5 metrics
Shares to be sold
500,000 shares of common stock
Planned sale under Rule 144 for 10% shareholder Matthew Ganovsky
Aggregate market value of shares to be sold
$4,535,000
Value of 500,000 ABX common shares covered by the notice
Shares outstanding
97,792,249 shares
ABX common stock outstanding referenced in connection with the sale
Sale window
Up to 3 months
Shares to be sold today or within three months from September 18, 2026
Date of notice
September 18, 2026
Form 144 notice date for the planned sale
Key Terms
Rule 144, Restricted Stock Units, IPO shares
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common Stock | 02/13/2025 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing for ABX disclose?
It discloses that 10% shareholder Matthew Ganovsky, through J.P. Morgan Securities LLC, intends to sell 500,000 shares of Abacus Global Management, Inc. common stock under Rule 144 on the NYSE, with sales expected today or within three months from September 18, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.