Abacus Global Management (ABX) insider covers RSU taxes with shares
Rhea-AI Filing Summary
Abacus Global Management, Inc. reports that executive Samantha Butcher, President of Life Solutions, had 62,753 shares of common stock withheld on 2026-07-03 to satisfy tax withholding obligations tied to RSU vesting, at $11.86 per share. Following this tax-withholding disposition, she directly holds 424,688 shares.
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Insights
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Insider Trade Summary
Net Seller: 62,753 shares
Net Sell
1 txn
Insider
Butcher Samantha
Role
President of Life Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 62,753 | $11.86 | $744K |
Holdings After Transaction:
Common Stock — 424,688 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares withheld for taxes: 62,753 shares
Implied price per share: $11.86
Shares owned after transaction: 424,688 shares
3 metrics
Shares withheld for taxes
62,753 shares
Common stock withheld on 2026-07-03 for RSU-related tax obligations
Implied price per share
$11.86
Per-share value used for the tax-withholding disposition
Shares owned after transaction
424,688 shares
Direct common stock holdings by Samantha Butcher following withholding
Key Terms
withhold to cover, RSUs, tax withholding obligations
3 terms
withhold to cover financial
"elected to satisfy tax obligations through a withhold to cover transaction"
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.
tax withholding obligations financial
"shares withheld by the issuer to cover tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Abacus Global Management (ABX) disclose?
Abacus Global Management disclosed that executive Samantha Butcher had 62,753 shares of common stock withheld on 2026-07-03 to cover tax obligations related to RSU vesting, a tax-withholding disposition rather than an open-market sale.
Was the ABX insider transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes describe a tax-withholding event tied to RSU vesting, not trades executed pursuant to a pre-arranged 10b5-1 trading plan.