STOCK TITAN

Abacus Global Management (ABX) CFO sells shares to cover tax bill

(Very High)
(Negative)
Form Type
4

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.

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Insider McCauley William Hugh JR
Role COO and CFO
Sold 125,000 shs ($1.14M)
Type Security Shares Price Value
Sale Common Stock F1 125,000 $9.10 $1.14M
Holdings After Transaction: Common Stock — 915,260 shares (Direct)
Footnotes (1)
  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.
Shares sold 125,000 shares of Common Stock Open market sale by COO and CFO on August 20, 2026
Weighted average sale price $9.10 per share Average price for 125,000 shares sold on August 20, 2026
Sale price range $8.92 to $9.23 per share Prices of multiple open market transactions on August 20, 2026
Shares held after transaction 915,260 shares of Common Stock Direct holdings of COO and CFO after the reported sale
Net shares sold 125,000 shares Net sell direction from transaction summary for this Form 4
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market transactions financial
"sold shares of Common Stock in open market transactions to satisfy estimated"
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.
estimated tax obligations financial
"sold shares of Common Stock in open market transactions to satisfy estimated tax obligations."

FAQ

What insider transaction did ABX report for William Hugh McCauley Jr.?

ABX reported that COO and CFO William Hugh McCauley Jr. 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.

At what prices were the ABX shares sold by William Hugh McCauley Jr.?

The disclosure states that the 125,000 ABX shares sold by William Hugh McCauley Jr. on August 20, 2026, were executed in multiple open market transactions at prices ranging from $8.92 to $9.23 per share, with a weighted average price of $9.10.

Why did the ABX executive sell 125,000 shares?

The company reports that COO and CFO William Hugh McCauley Jr. sold 125,000 shares of ABX common stock to satisfy estimated tax obligations, with the sales executed in open market transactions on August 20, 2026.

How many ABX shares does William Hugh McCauley Jr. hold after the sale?

Following the sale of 125,000 shares on August 20, 2026, COO and CFO William Hugh McCauley Jr. directly holds 915,260 shares of Abacus Global Management, Inc. common stock as reported in the filing.

Were the ABX insider sales under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative trading plan, and the footnote describes the transactions as open market sales to satisfy estimated tax obligations, without stating they were under a Rule 10b5-1 plan.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McCauley William Hugh JR

(Last)(First)(Middle)
333 SOUTH GARLAND AVENUE
SUITE 1500

(Street)
ORLANDO FLORIDA 32801

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Abacus Global Management, Inc. [ ABX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
COO and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026S125,000(1)D$9.1915,260D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ William Hugh McCauley, Jr.08/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)