Abacus Global Management owner sells 22,800 shares
The 10% owner’s transactions were made under a Rule 10b5-1 plan adopted on June 18, 2026.
Rhea-AI Filing Summary
Abacus Global Management, Inc. 10% owner Matthew Ganovsky sold 22,800 shares of common stock on September 23, 2026, at a weighted average price of $7.74 per share. The shares were sold in multiple transactions at prices ranging from $7.63 to $7.86, inclusive. He directly held 8,651,148 shares after the sale. The transactions were effected under a Rule 10b5-1 trading plan adopted by Ganovsky on June 18, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 22,800 shares
Net Sell
1 txn
Insider
Ganovsky Matthew
Role
10% Owner
Sold
22,800 shs ($176K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 22,800 | $7.74 | $176K |
Holdings After Transaction:
Common Stock — 8,651,148 shares (Direct)
Footnotes (1)
- F1. The price reported is the weighted average sale price. Shares were sold in multiple transactions at prices ranging from $7.63 to $7.86, inclusive. The transactions reported of this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 18, 2026. The Reporting Person undertakes to provide full transaction details for the transactions set forth in this report to the Commission staff, the Issuer, or a security holder of the Issuer upon request.
Key Figures
Shares sold: 22,800 shares
Weighted average sale price: $7.74 per share
Sale-price range: $7.63–$7.86 per share
+1 more
4 metrics
Shares sold
22,800 shares
September 23, 2026
Weighted average sale price
$7.74 per share
Multiple transactions on September 23, 2026
Sale-price range
$7.63–$7.86 per share
Multiple transactions on September 23, 2026
Direct shares held after sale
8,651,148 shares
Following the September 23, 2026 transaction
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, 10% owner
3 terms
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported is the weighted average sale price"
10% owner regulatory
"Matthew Ganovsky is a 10% owner"
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