Jay J. Jackson, Chief Executive Officer and Director of Abacus Global Management, Inc. (NYSE:ABX), filed a Form 4 on August 14, 2026, disclosing the open-market sale of 196,000 shares of Common Stock on August 12, 2026, to satisfy estimated tax obligations.

Key Highlights

  • Reporting person: Jay J. Jackson, Chief Executive Officer, Director, and 10% Owner of Abacus Global Management, Inc.
  • Shares sold: 196,000 shares of Common Stock disposed of (transaction code S) on August 12, 2026.
  • Weighted average price: $8.77 per share, with individual transaction prices ranging from $8.530 to $9.070.
  • Stated purpose: According to the filing, shares were sold "to satisfy estimated tax obligations."
  • Remaining ownership: Jackson directly holds 10,397,430 shares of Common Stock following the reported transaction.
  • Filing date: August 14, 2026, signed by Jay J. Jackson.

Jackson's Open-Market Sale and Post-Transaction Ownership at Abacus Global Management

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Jay J. Jackson sold 196,000 shares of Abacus Global Management, Inc. Common Stock on August 12, 2026. The filing identifies Jackson as the company's Chief Executive Officer, a Director, and a 10% Owner. The transaction is coded "S," indicating an open-market sale, and is recorded as a disposition (D) in Table I of the filing.

The filing discloses that the shares were sold in multiple transactions at prices ranging from $8.530 to $9.070 per share. The price of $8.77 reported in the filing represents a weighted average sale price across those transactions. The filing notes that Jackson "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."

Following the reported sale, Jackson directly beneficially owns 10,397,430 shares of Common Stock, according to the filing. No derivative securities transactions were reported in Table II. The Form 4 was filed by one reporting person and covers transactions at the company, which trades on NYSE under the ticker ABX.

What Was Disclosed

The filing discloses that CEO Jay J. Jackson sold 196,000 shares of Abacus Global Management Common Stock on August 12, 2026, at a weighted average price of $8.77, to satisfy estimated tax obligations, leaving him with 10,397,430 shares held directly.