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Abacus Global (ABL) CFO has 46,927 shares withheld to cover RSU taxes

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Abacus Global Management, Inc. Chief Financial Officer William Hugh McCauley Jr. reported a tax-related share disposition tied to restricted stock units (RSUs). On May 8, 2026, 46,927 shares of common stock were withheld at $9.08 per share to cover tax withholding obligations upon RSU vesting and settlement, under a “withhold to cover” election. After this non‑market transaction, McCauley directly held 1,105,843 shares of Abacus Global common stock.

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Insider McCauley William Hugh JR
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 46,927 $9.08 $426K
Holdings After Transaction: Common Stock — 1,105,843 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 46,927 shares Common stock withheld to cover RSU tax obligations on May 8, 2026
Per-share value for withholding $9.08 per share Value used for tax-withholding disposition of common stock
Shares held after transaction 1,105,843 shares CFO’s direct common stock holdings following tax-withholding event
restricted stock units (RSUs) financial
"tax withholding obligations in connection with the vesting and settlement of RSUs"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
withhold to cover financial
"elected to satisfy tax withholding obligations through a "withhold to cover" transaction"
tax withholding obligations financial
"Represents shares withheld by the Issuer to cover tax withholding obligations"
Form 4 regulatory
"The Abacus Global (ABL) CFO’s Form 4 transaction was a tax-withholding disposition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
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 Stock05/08/2026F46,927(1)D$9.081,105,843D
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. Represents shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The Reporting Person has elected to satisfy tax withholding obligations through a "withhold to cover" transaction.
Remarks:
/s/ William Hugh McCauley, Jr.05/14/2026
** 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)

FAQ

What insider transaction did Abacus Global (ABL) report for its CFO?

Abacus Global’s CFO, William Hugh McCauley Jr., reported a tax-related disposition of 46,927 common shares. These shares were withheld by the company to cover RSU tax obligations and were not sold in the open market.

Was the Abacus Global (ABL) CFO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding transaction, not an open-market sale. Shares were withheld by the issuer to satisfy tax obligations arising from the vesting and settlement of restricted stock units (RSUs).

How many Abacus Global (ABL) shares were withheld for the CFO’s RSU taxes?

A total of 46,927 Abacus Global common shares were withheld. The issuer used these shares to cover tax withholding obligations created when the CFO’s restricted stock units vested and settled on May 8, 2026.

At what price were Abacus Global (ABL) shares valued for the CFO’s tax withholding?

The withheld shares were valued at $9.08 per share. This price is used solely within the transaction record to calculate the value of shares applied toward the CFO’s tax withholding on vested RSUs.

How many Abacus Global (ABL) shares does the CFO hold after this Form 4 event?

Following the tax-withholding disposition, the CFO directly holds 1,105,843 Abacus Global common shares. This figure reflects his post-transaction ownership after shares were withheld to satisfy RSU-related tax obligations.

What does “withhold to cover” mean in the Abacus Global (ABL) Form 4 footnote?

“Withhold to cover” means the company retains shares from vested RSUs instead of the holder paying cash for taxes. The issuer uses those withheld shares’ value to satisfy the reporting person’s tax withholding obligations.