Abacus Global Management: Scott contributes 28,027 shares
Scott also reported indirect ownership of 86,207 common shares through an LLC jointly owned with his spouse, as of October 30, 2026.
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Rhea-AI Filing Summary
At Abacus Global Management, Inc., ten percent owner Kirby Kevin Scott disposed of 28,027 common shares by contributing them to the Fidelity Exchange Fund in exchange for an interest in the Fund. The shares were held in escrow pending the contribution and valued at $8.47 per share using the issuer's closing share price on October 30, 2026; the contribution was completed on November 2, 2026. His reported direct common-stock holdings following the transaction were 12,478,033 shares. No Rule 10b5-1 plan is reported for the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 28,027 | $8.47 | $237K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents shares of the Issuer's common stock contributed by the Reporting Person to the Fidelity Exchange Fund (the "Fund") in exchange for an interest in the Fund, pursuant to a contribution arrangement among the Reporting Person and the Fund. The shares were held in escrow pending the contribution and were valued using the Issuer's closing share price on October 30, 2026; the contribution to the Fund was completed on November 2, 2026.
Key Figures
Key Terms
Fidelity Exchange Fund financial
contribution arrangement financial
escrow financial
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