Abacus Global Management owner sells 22,700 shares
The reported sale was made under a Rule 10b5-1 trading plan adopted June 18, 2026.
Rhea-AI Filing Summary
Abacus Global Management, Inc. ten-percent owner Sean McNealy sold 22,700 shares of common stock on September 23, 2026, at a weighted average price of $7.74 per share. The reported transaction prices ranged from $7.63 to $7.88 per share, inclusive. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on June 18, 2026. His reported post-transaction positions were 12,506,952 shares held directly and 86,207 shares held indirectly by an LLC jointly owned with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 22,700 shares
Net Sell
2 txns
Insider
McNealy Sean
Role
10% Owner
Sold
22,700 shs ($176K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 22,700 | $7.74 | $176K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,506,952 shares (Direct);
Common Stock — 86,207 shares (Indirect, By LLC jointly owned with spouse)
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 $7.88, 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: 22,700 shares
Weighted average sale price: $7.74 per share
Sale price range: $7.63 to $7.88 per share
+2 more
5 metrics
Shares sold
22,700 shares
September 23, 2026
Weighted average sale price
$7.74 per share
September 23, 2026
Sale price range
$7.63 to $7.88 per share
Inclusive; September 23, 2026
Direct shares following transaction
12,506,952 shares
Reported after the September 23, 2026 sale
Indirect shares
86,207 shares
Held by an LLC jointly owned with his spouse
Key Terms
Rule 10b5-1 trading plan, weighted average sale price
2 terms
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan adopted"
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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was Sean McNealy's ABX stock sale made under a 10b5-1 plan?
Yes. The September 23, 2026 sale was effected pursuant to a Rule 10b5-1 trading plan adopted on June 18, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.