Abacus Global Management (ABL) CFO awarded 1M performance rights tied to 2026 goals
Filing Impact
Filing Sentiment
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.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
Performance rights granted: 1,000,000 rights
Exercise/settlement price: $0.00 per right
Underlying common stock: 1,000,000 shares
+2 more
5 metrics
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
Key Terms
Performance Rights, contingent right, market capitalization, assets under management
4 terms
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.
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.