STOCK TITAN

Abacus Global Management (ABX) CEO sells 196,000 shares for tax obligations

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Abacus Global Management, Inc. Chief Executive Officer and 10% owner Jackson Jay J reported selling 196,000 shares of Common Stock on 2026-08-12 in open-market transactions at a weighted average price of $8.77 per share. According to the disclosure, the sale was made to satisfy estimated tax obligations, and followed multiple trades within a price range of $8.53 to $9.07. After these transactions, Jackson directly holds 10,397,430 shares of Abacus Global Management, Inc. The Rule 10b5-1 trading plan checkbox was not marked as applicable.

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Insights

Analyzing...

Insider Jackson Jay J
Role Chief Executive Officer
Sold 196,000 shs ($1.72M)
Type Security Shares Price Value
Sale Common Stock F1 196,000 $8.77 $1.72M
Holdings After Transaction: Common Stock — 10,397,430 shares (Direct)
Footnotes (1)
  1. F1. The Reporting Person sold shares of Common Stock in open market transactions to satisfy estimated tax obligations. The shares were sold in multiple transactions at prices ranging from $8.530 to $9.070, and the price reported in Column 4 represents the weighted average sale price. 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 196,000 shares Common Stock sale reported on 2026-08-12
Weighted average sale price $8.77 per share Weighted average price for 196,000 shares sold
Post-transaction holdings 10,397,430 shares Directly owned Common Stock after the reported sale
Sale price range low $8.53 per share Lowest price in multiple open-market sale transactions
Sale price range high $9.07 per share Highest price in multiple open-market sale transactions
Transaction date 2026-08-12 Date of reported open-market sales
open market transactions market
"The Reporting Person sold shares of Common Stock in open market transactions to satisfy estimated tax obligations."
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.
weighted average sale price financial
"the price reported in Column 4 represents the weighted average sale price."
estimated tax obligations financial
"sold shares of Common Stock in open market transactions to satisfy estimated tax obligations."

FAQ

What insider transaction did Abacus Global Management (ABX) report?

Abacus Global Management reported that CEO and 10% owner Jackson Jay J sold 196,000 shares of Common Stock on 2026-08-12. The sale occurred in open-market transactions at a weighted average price of $8.77 per share.

At what prices did the ABX CEO sell shares in this Form 4 filing?

The CEO’s shares were sold in multiple transactions at prices ranging from $8.53 to $9.07 per share. The Form 4 reports a weighted average sale price of $8.77 for the 196,000 shares sold on 2026-08-12.

How many Abacus Global Management (ABX) shares does the CEO hold after the sale?

Following the reported sale, CEO Jackson Jay J directly holds 10,397,430 shares of Abacus Global Management Common Stock. This figure reflects his direct ownership immediately after disposing of 196,000 shares in the open market.

Why did the ABX CEO sell 196,000 shares according to the Form 4?

The filing states the CEO sold shares of Common Stock to satisfy estimated tax obligations. The shares were disposed of in open-market transactions on 2026-08-12, with detailed pricing provided as a weighted average and full price range.

Was the ABX insider sale executed under a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox in the filing is not marked as affirmative, and the explanatory footnote does not reference a trading plan. The sale is instead described as being made to cover estimated tax obligations from the insider’s position.

Who is the insider involved in this Abacus Global Management (ABX) Form 4?

The insider is Jackson Jay J, who serves as Chief Executive Officer, a director, and a 10% owner of Abacus Global Management. He reported selling 196,000 shares and holding 10,397,430 shares directly after the transaction.

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Learn about SEC filing dates
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*
Jackson Jay J

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026
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 Stock08/12/2026S196,000(1)D$8.7710,397,430D
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. The shares were sold in multiple transactions at prices ranging from $8.530 to $9.070, and the price reported in Column 4 represents the weighted average sale price. 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/ Jay J. Jackson08/14/2026
** 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)