Abacus 10% owner sells 81,500 shares in plan
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Rhea-AI Filing Summary
Abacus Global Management, Inc. (ABX) reported that ten percent owner Kirby Kevin Scott sold a total of 81,500 shares of Common Stock in open-market or private transactions on September 18, 21, and 22, 2026 at weighted average prices of $8.79, $8.13, and $8.01, respectively. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 18, 2025. An additional 86,207 shares are reported as held indirectly through an LLC jointly owned with his spouse.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 21,100 | $8.01 | $169K |
| Sale | Common Stock F2 | 36,400 | $8.13 | $296K |
| Sale | Common Stock F1 | 24,000 | $8.79 | $211K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The price reported is the weighted average sale price. Shares were sold in multiple transactions at prices ranging from $8.68 to $8.94, inclusive. The transactions reported in footnotes (1), (2), and (3) of this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 18, 2025. The Reporting Person undertakes to provide full transaction details for the transactions set forth in footnotes (1), (2), and (3) to the Commission staff, the Issuer, or a security holder of the Issuer upon request.
- F2. The price reported is the weighted average sale price. Shares were sold in multiple transactions at prices ranging from $7.97 to $8.61, inclusive.
- F3. The price reported is the weighted average sale price. Shares were sold in multiple transactions at prices ranging from $7.70 to $8.14, inclusive.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
ten percent owner regulatory
indirect ownership financial
FAQ
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What insider transactions did ABX disclose for Kirby Kevin Scott in this Form 4?
Were the ABX insider sales made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.