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Abacus Global Management (ABL) CFO awarded 1M performance rights tied to 2026 goals

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

Rhea-AI Filing Summary

McCauley William Hugh JR reported acquisition or exercise transactions in this Form 4 filing.

Abacus Global Management, Inc. reported that Chief Financial Officer William Hugh McCauley Jr. received a grant of performance rights. On June 3, 2026, he was awarded 1,000,000 performance rights, each representing a contingent right to receive one share of common stock at settlement.

The grant will deliver up to 1,000,000 shares of common stock if specified company market capitalization or assets under management targets are achieved during 2026. Following this grant, McCauley holds 1,000,000 performance rights directly.

Positive

  • None.

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Insider McCauley William Hugh JR
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Performance Rights 1,000,000 $0.00 --
Holdings After Transaction: Performance Rights — 1,000,000 shares (Direct, null)
Footnotes (1)
  1. Each performance right represents the contingent right to receive, at settlement, one share of the Issuer's common stock. On June 3, 2026, Reporting Person was granted the right to receive 1,000,000 shares of the Issuer's common stock if certain Issuer market capitalization or assets under management targets are satisfied during 2026.
Performance rights granted 1,000,000 rights Grant to CFO on June 3, 2026
Exercise/settlement price $0.00 per right Performance rights grant terms
Underlying common stock 1,000,000 shares One share per performance right
Total rights after transaction 1,000,000 rights Holdings following reported grant
Performance period 2026 Targets based on 2026 market cap or AUM
Performance Rights financial
"Each performance right represents the contingent right to receive, at settlement, one share"
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
contingent right financial
"represents the contingent right to receive, at settlement, one share"
market capitalization financial
"if certain Issuer market capitalization or assets under management targets are satisfied"
Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.
assets under management financial
"market capitalization or assets under management targets are satisfied during 2026"
Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.
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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)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
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
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
Performance Rights(1)06/03/2026A1,000,000 (2) (2)Common Stock1,000,000$01,000,000D
Explanation of Responses:
1. Each performance right represents the contingent right to receive, at settlement, one share of the Issuer's common stock.
2. On June 3, 2026, Reporting Person was granted the right to receive 1,000,000 shares of the Issuer's common stock if certain Issuer market capitalization or assets under management targets are satisfied during 2026.
Remarks:
/s/ William Hugh McCauley, Jr.06/05/2026
** 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 did Abacus Global Management (ABL) disclose about its CFO in this Form 4?

Abacus Global Management disclosed that CFO William Hugh McCauley Jr. received a grant of 1,000,000 performance rights. Each right can convert into one share of common stock if specific 2026 performance targets tied to market capitalization or assets under management are met.

How many performance rights did the Abacus Global Management (ABL) CFO receive?

The CFO received 1,000,000 performance rights. These rights are a form of equity-based compensation, giving him the contingent ability to receive up to 1,000,000 shares of Abacus Global Management common stock if defined 2026 performance conditions are satisfied.

What conditions apply to the CFO’s 1,000,000 performance rights at Abacus Global Management (ABL)?

The 1,000,000 performance rights vest only if Abacus Global Management meets specified market capitalization or assets under management targets during 2026. Until those conditions are satisfied, the rights remain contingent and do not deliver common shares to the CFO.

Does the Abacus Global Management (ABL) Form 4 show an open-market stock purchase or sale?

No, the Form 4 reports a grant of performance rights, not an open-market trade. The CFO acquired these rights as compensation, with a stated price of $0.00 per right, contingent on achieving 2026 performance targets before delivering common stock.

What is the potential share impact of the CFO’s performance rights at Abacus Global Management (ABL)?

If all conditions are met, the CFO’s 1,000,000 performance rights could convert into 1,000,000 shares of common stock. This potential issuance depends entirely on Abacus Global Management achieving its specified 2026 market capitalization or assets under management targets.