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Abacus Global holder plans $4.5M share sale

Notice of proposed Rule 144 sales covers 500,000 ABX common shares held for 10% shareholder Sean McNealy through McNealy Family Holdings LLC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Abacus Global Management, Inc. (ABX) has a notice of proposed resale under Rule 144 filed for shares beneficially owned by 10% shareholder Sean McNealy. A total of 500,000 shares of common stock may be sold through J.P. Morgan Securities LLC, with an indicated aggregate market value of $4,535,000, based on disclosure that 97,792,249 shares were outstanding. The 500,000 shares consist of 83,707 RSU shares acquired between February 13, 2025 and May 8, 2026 and 416,293 IPO shares acquired on June 30, 2023. The shares will be sold by McNealy Family Holdings LLC, with Sean McNealy as manager, on September 18, 2026 or within three months from the date of the notice, on the NYSE.

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Shares proposed to be sold 500,000 shares of common stock Total shares covered by the Rule 144 notice
Aggregate market value of shares $4,535,000 Value of the 500,000 shares proposed to be sold
Shares outstanding 97,792,249 shares Common stock outstanding used as context in the Form 144
RSU shares included 83,707 shares RSU shares acquired between February 13, 2025 and May 8, 2026
IPO shares included 416,293 shares IPO shares acquired on June 30, 2023
Notice date September 18, 2026 Date of notice for the proposed Rule 144 sales
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.
10% Shareholder regulatory
"In addition, information shall be given as to sales by all persons whose sales are required"
RSU shares financial
"Sean McNealy, who acquired RSU shares from Issuer between February 13, 2025 and May 8, 2026"
IPO shares financial
"Sean McNealy, who acquired IPO shares from Issuer on June 30, 2023"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Abacus Global Management, Inc. (ABX)?

It discloses a proposed Rule 144 sale of 500,000 shares of common stock beneficially owned by 10% shareholder Sean McNealy, to be sold through J.P. Morgan Securities LLC by McNealy Family Holdings LLC within three months of the notice date.

How many ABX shares are proposed to be sold and what is their value?

The notice covers 500,000 ABX common shares with an indicated aggregate market value of $4,535,000. The filing also states that 97,792,249 shares of common stock were outstanding for context.

Who is selling the ABX shares and in what capacity?

The shares will be sold by McNealy Family Holdings LLC, with Sean McNealy as manager. McNealy is identified as a 10% shareholder, and the sales are for his account under Rule 144.

What is the origin of the ABX shares covered by this Form 144?

The 500,000 shares consist of 83,707 RSU shares acquired from Abacus Global Management, Inc. between February 13, 2025 and May 8, 2026, and 416,293 IPO shares acquired on June 30, 2023.

When may the ABX shares be sold under this Form 144 notice?

The filing states the shares will be sold on September 18, 2026 or within three months from the date of the notice, in transactions on the NYSE, in accordance with Rule 144 requirements.

Which broker is named in the ABX Form 144 filing?

The named broker is J.P. Morgan Securities LLC, listed in connection with the proposed sale of 500,000 ABX common shares under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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