Abacus COO-CFO sells 125K shares at $9.10 avg
Sentiment and the balance of points
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Rhea-AI Filing Summary
Abacus Global Management, Inc. (ABX) reported that officer William Hugh McCauley Jr., COO and CFO, sold 125,000 shares of common stock on August 20, 2026 in open market transactions at a weighted average price of $9.10 per share, with individual trades ranging from $8.92 to $9.23. According to the company’s disclosure, these sales were made to satisfy estimated tax obligations. After these transactions, McCauley directly holds 915,260 shares of Abacus Global Management common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 125,000 | $9.10 | $1.14M |
Footnotes (1)
- F1. The Reporting Person sold shares of Common Stock in open market transactions to satisfy estimated tax obligations. Represents shares of Common Stock sold in open market transactions on August 20, 2026. The price reported in Column 4 is a weighted average price. These sales were executed in multiple transactions at prices ranging from $8.92 to $9.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Key Terms
weighted average price financial
open market transactions financial
estimated tax obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ABX report for William Hugh McCauley Jr.?
Were the ABX insider sales under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.