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Abacus Global (ABL) director McNealy reports RSU tax-withholding share disposition

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

Rhea-AI Filing Summary

Abacus Global Management, Inc. director and more than 10% owner Sean McNealy reported routine share movements related to equity compensation. On May 8, 2026, 27,773 shares of common stock were withheld at $9.08 per share to cover tax obligations from vesting RSUs, a non‑market “withhold to cover” transaction rather than an open‑market sale. After these entries, McNealy directly holds 12,648,939 common shares and indirectly holds 86,207 shares through an LLC jointly owned with his spouse.

Positive

  • None.

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Insider McNealy Sean
Role null
Type Security Shares Price Value
Tax Withholding Common Stock 27,773 $9.08 $252K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 12,648,939 shares (Direct, null); Common Stock — 86,207 shares (Indirect, By LLC jointly owned with spouse)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 27,773 shares Tax withholding on RSU vesting, May 8, 2026
Tax withholding price $9.08 per share Price used for withhold-to-cover RSU tax obligation
Direct holdings after transaction 12,648,939 shares Common stock directly owned by Sean McNealy after Form 4
Indirect holdings after transaction 86,207 shares Common stock held via LLC jointly owned with spouse
RSUs financial
"in connection with the vesting and settlement of RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
withhold to cover financial
"through a "withhold to cover" transaction."
tax withholding obligations financial
"to cover tax withholding obligations in connection with the vesting"
indirect ownership financial
"indirectly holds 86,207 shares through an LLC jointly owned"
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*
McNealy Sean

(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
Officer (give title below)Other (specify below)
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 Stock05/08/2026F27,773(1)D$9.0812,648,939D
Common Stock86,207IBy LLC jointly owned with spouse
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/ Sean McNealy05/14/2026
** 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 did Sean McNealy report in this Abacus Global (ABL) Form 4?

Sean McNealy reported a tax-related share disposition and updated holdings. 27,773 Abacus Global common shares were withheld to cover RSU tax obligations, and his direct and indirect ownership positions were updated to reflect the post-transaction totals.

Was the Abacus Global (ABL) Form 4 a market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy RSU-related tax obligations under a “withhold to cover” election, a common administrative mechanism for equity compensation.

How many Abacus Global (ABL) shares were withheld for taxes?

A total of 27,773 Abacus Global common shares were withheld for taxes. The withholding occurred at a price of $9.08 per share in connection with the vesting and settlement of restricted stock units (RSUs) awarded to Sean McNealy.

How many Abacus Global (ABL) shares does Sean McNealy own after this filing?

After the reported transactions, Sean McNealy directly owns 12,648,939 Abacus Global common shares. He also indirectly owns 86,207 additional shares through an LLC jointly owned with his spouse, reflecting both direct and indirect economic interests.

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

“Withhold to cover” means the issuer withholds shares to pay taxes on vested RSUs instead of the holder paying cash. In this filing, Abacus Global withheld 27,773 shares from Sean McNealy to satisfy his RSU-related tax withholding obligations.

How is indirect ownership reported for Abacus Global (ABL) in this Form 4?

Indirect ownership is reported separately from direct holdings. The filing shows 86,207 Abacus Global shares held indirectly by an LLC jointly owned with Sean McNealy’s spouse, clarifying that some of his economic interest is held through a related entity.