Abacus Global 10% owner sells 81K shares
A ten percent owner of Abacus Global Management, Inc. sold over 81,000 shares under a pre-arranged Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Abacus Global Management, Inc. (ABX) disclosed that ten percent owner Matthew Ganovsky sold a total of 81,312 shares of common stock in three open-market transactions on September 18, 21, and 22, 2026. The sales were executed under a Rule 10b5-1 trading plan adopted on June 18, 2025, at weighted-average prices between roughly $7.70 and $8.93 per share across the trades.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 81,312 shares
Net Sell
3 txns
Insider
Ganovsky Matthew
Role
10% Owner
Sold
81,312 shs ($674K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 21,312 | $8.01 | $171K |
| Sale | Common Stock F2 | 36,000 | $8.13 | $293K |
| Sale | Common Stock F1 | 24,000 | $8.79 | $211K |
Holdings After Transaction:
Common Stock — 8,673,948 shares (Direct)
Footnotes (3)
- F1. The price reported is the weighted average sale price. Shares were sold in multiple transactions at prices ranging from $8.68 to $8.93, inclusive. The transactions reported in footnotes (1), (2), and (3) of this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 18, 2025. The Reporting Person undertakes to provide full transaction details for the transactions set forth in footnotes (1), (2), and (3) to the Commission staff, the Issuer, or a security holder of the Issuer upon request.
- F2. The price reported is the weighted average sale price. Shares were sold in multiple transactions at prices ranging from $7.97 to $8.61, inclusive.
- F3. The price reported is the weighted average sale price. Shares were sold in multiple transactions at prices ranging from $7.70 to $8.14, inclusive.
Key Figures
Total shares sold: 81,312 shares
Shares sold on September 18, 2026: 24,000 shares
Weighted-average price on September 18, 2026: $8.79 per share
+5 more
8 metrics
Total shares sold
81,312 shares
Aggregate of all reported sales by Matthew Ganovsky in this Form 4
Shares sold on September 18, 2026
24,000 shares
Common Stock sale on September 18, 2026 at a weighted-average price
Weighted-average price on September 18, 2026
$8.79 per share
Reported as a weighted-average sale price; individual trades $8.68–$8.93
Shares sold on September 21, 2026
36,000 shares
Common Stock sale on September 21, 2026 at a weighted-average price
Weighted-average price on September 21, 2026
$8.13 per share
Reported as a weighted-average sale price; individual trades $7.97–$8.61
Shares sold on September 22, 2026
21,312 shares
Common Stock sale on September 22, 2026 at a weighted-average price
Weighted-average price on September 22, 2026
$8.01 per share
Reported as a weighted-average sale price; individual trades $7.70–$8.14
Rule 10b5-1 plan adoption date
June 18, 2025
Date the reporting person adopted the trading plan covering these sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, ten percent owner
3 terms
Rule 10b5-1 trading plan regulatory
"transactions reported in footnotes (1), (2), and (3) ... 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. Shares were sold"
ten percent owner regulatory
"reporting person is identified as a ten percent owner of the issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.