Abacus Global (ABX) CFO plans NYSE stock sale via UBS under Rule 144
Rhea-AI Filing Summary
Abacus Global Management, Inc. (ABX) received a notice that William Hugh McCauley, its CFO and COO, intends to sell common stock under Rule 144. The planned sale covers 125,000 common shares through UBS Financial Services Inc., to be traded on the NYSE.
The filing lists an aggregate market value of $1,157,500 for these shares and states that 97,792,000 common shares were outstanding. The shares to be sold are linked to compensation-related RSU grants from Abacus Global Management, Inc., with acquisition dates in 2026.
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Key Figures
Planned shares to be sold: 125,000 shares
Aggregate market value of planned sale: $1,157,500
Shares outstanding: 97,792,000 shares
+3 more
6 metrics
Planned shares to be sold
125,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value of planned sale
$1,157,500
Market value stated for the 125,000 shares
Shares outstanding
97,792,000 shares
Common shares of Abacus Global Management, Inc. reported as outstanding
RSU-related shares (July 2026 grant)
101,084 shares
Common shares acquired via RSU compensation dated 07/07/2026
RSU-related shares (May 2026 grant)
72,330 shares
Common shares acquired via RSU compensation dated 05/08/2026
Approximate date of sale
08/19/2026
Approximate sale date listed for the planned transaction
Key Terms
Rule 144, restricted stock units, aggregate market value, attorney-in-fact
4 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 Shares | 07/07/2026 | RSU | Abacus Global Management Inc"
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.
aggregate market value financial
"Common Stock | UBS Financial Services Inc ... | 125000 | 1157500 | 97792000"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"for UBS Financial Services Inc, as attorney-in-fact for William Hugh McCauley"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing mean for Abacus Global Management, Inc. (ABX)?
The filing indicates that William Hugh McCauley, CFO and COO, plans to sell 125,000 common shares of Abacus Global Management, Inc. under Rule 144 through UBS Financial Services Inc. on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.