Abacus Global Management: Ganovsky contributes 28,027 shares
The shares were held in escrow pending the contribution, which was completed November 2, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Abacus Global Management, Inc. prior 10% owner Matthew Ganovsky reported a disposition of 28,027 common shares on October 30, 2026, contributing them to the Fidelity Exchange Fund in exchange for an interest in the Fund. The shares were held in escrow pending the contribution and valued at $8.47 per share, using the issuer’s October 30 closing share price. The contribution was completed on November 2, 2026; reported common stock holdings following the transaction were 8,623,121 shares. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 28,027 | $8.47 | $237K |
Footnotes (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 October 30, 2026; the contribution to the Fund was completed on November 2, 2026.
Key Figures
Key Terms
Fidelity Exchange Fund financial
contribution arrangement financial
held in escrow financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.