STOCK TITAN

Abacus Global investor shifts 38,333 shares to fund (ABX)

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ganovsky Matthew reported reported sale transactions in this Form 4 filing.

Abacus Global Management, Inc. large shareholder Matthew Ganovsky contributed 38,333 shares of common stock to the Fidelity Exchange Fund on August 3, 2026, in exchange for an interest in that fund, with the shares valued using the issuer's July 31, 2026 closing share price and reported at 10.31 per share. Following this contribution, he held 8,755,260 common shares directly and is listed as a more-than-10% owner.

Positive

  • None.

Negative

  • None.
Insider Ganovsky Matthew
Role 10% Owner
Sold 38,333 shs ($395K)
Type Security Shares Price Value
Sale Common Stock F1 38,333 $10.31 $395K
Holdings After Transaction: Common Stock — 8,755,260 shares (Direct)
Footnotes (1)
  1. F1. Represents shares of the Issuer's common stock contributed by the Reporting Person to the Fidelity Exchange Fund (the "Fund") in exchange for an interest in the Fund, pursuant to a contribution arrangement among the Reporting Person and the Fund. The shares were held in escrow pending the contribution and were valued using the Issuer's closing share price on July 31, 2026; the contribution to the Fund was completed on August 3, 2026.
Shares contributed 38,333 shares Common Stock contributed to the Fidelity Exchange Fund on August 3, 2026
Per-share price 10.31 per share Reported transaction price per share for the contributed shares
Holdings after transaction 8,755,260 shares Common shares held directly by Matthew Ganovsky following the contribution
Fidelity Exchange Fund financial
"contributed by the Reporting Person to the Fidelity Exchange Fund (the "Fund") in exchange"
contribution arrangement financial
"in exchange for an interest in the Fund, pursuant to a contribution arrangement among"
escrow financial
"The shares were held in escrow pending the contribution and were valued"
A neutral third party holds money, documents, or assets until both sides in a transaction meet agreed conditions, like a safety deposit box that only opens when everyone fulfills the rules. For investors, escrow reduces risk and increases certainty by ensuring payments or shares are released only when contractual steps are completed, which affects deal timing, legal protection, and the likelihood that a transaction will close as planned.

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

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FAQ

What insider transaction did Matthew Ganovsky report for Abacus Global (ABX)?

Matthew Ganovsky reported contributing 38,333 Abacus Global common shares to the Fidelity Exchange Fund. The August 3, 2026 transaction exchanged his shares for an interest in the fund, rather than a traditional open-market sale, and was tied to the issuer’s July 31, 2026 closing price.

How many ABX shares and what price were involved in Ganovsky’s transaction?

Ganovsky moved 38,333 Abacus Global shares, reported at 10.31 per share. The shares were valued using Abacus Global’s closing share price on July 31, 2026, in connection with his contribution to the Fidelity Exchange Fund completed on August 3, 2026.

Does Matthew Ganovsky remain a major shareholder of Abacus Global (ABX) after this transaction?

Yes. After the contribution, Ganovsky directly held 8,755,260 Abacus Global common shares. He is identified in the filing as a more-than-10% owner, indicating he remains a major shareholder even after transferring 38,333 shares into the Fidelity Exchange Fund.

Was Ganovsky’s ABX transaction executed under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 checkbox is not marked as affirmative for this report. The footnote instead describes a contribution arrangement with the Fidelity Exchange Fund, without referencing any pre-arranged Rule 10b5-1 trading plan for these Abacus Global shares.

What was the purpose of contributing ABX shares to the Fidelity Exchange Fund?

Ganovsky contributed Abacus Global shares to the Fidelity Exchange Fund in exchange for an interest in the fund. The transaction followed a contribution arrangement among him and the fund, with the shares held in escrow until the contribution was completed on August 3, 2026.

How was the value of the ABX shares determined in this insider transaction?

The contributed shares were valued using Abacus Global’s closing share price on July 31, 2026. The Form 4 also reports a transaction price of 10.31 per share, aligning the contribution value with that specific closing market price used by the fund.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ganovsky Matthew

(Last)(First)(Middle)
333 SOUTH GARLAND AVENUE
SUITE 1500

(Street)
ORLANDO FLORIDA 32801

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Abacus Global Management, Inc. [ ABX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/03/2026S38,333(1)D$10.318,755,260D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's common stock contributed by the Reporting Person to the Fidelity Exchange Fund (the "Fund") in exchange for an interest in the Fund, pursuant to a contribution arrangement among the Reporting Person and the Fund. The shares were held in escrow pending the contribution and were valued using the Issuer's closing share price on July 31, 2026; the contribution to the Fund was completed on August 3, 2026.
Remarks:
/s/ Jay Jackson, Power of Attorney for Matthew Ganovsky08/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)