Abacus Global Management, Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
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Jun 30, 2026 · Filed Aug 10, 2026
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Item 5. Other Information
Director and Executive Officer Trading
A portion of our directors’ and officers’ compensation is in the form of equity awards and, from time to time, they may engage in open-market transactions with respect to their Company securities for diversification or other personal reasons. All such transactions in Company securities by directors and officers must comply with the Company’s Insider Trading Policy, which requires that transactions be in accordance with applicable U.S. federal securities laws that prohibit trading while in possession of material nonpublic information. Rule 10b5-1 under the Exchange Act provides an affirmative defense that enables directors and officers to prearrange transactions in the Company’s securities in a manner that avoids concerns about initiating transactions while in possession of material nonpublic information.
On June 1, 2026, Jay Jackson, Chairman and Chief Executive Officer, and William McCauley, Chief Financial Officer and Chief Operating Officer, adopted a Rule 10b5-1 sell-to-cover instruction plan that provides for the sale of shares of common stock necessary to satisfy tax withholding obligations arising exclusively from the vesting of shares of restricted stock held by Messrs. Jackson and McCauley as of the date of the adoption of the Plan. The total number of shares of common stock that may be sold pursuant to the sell-to-cover instruction plan is not determinable as it will depend on the number of shares that vest and the applicable tax withholding requirements. The sell-to-cover instruction plan will remain in place fortwelve months from the date of adoption unless earlier terminated. The 10b5-1 Plan is intended to satisfy the affirmative defense Rule of 10b5-1(c). Trades under the 10b5-1 Plan will not commence until at least 90 days following the date on which such plan was entered.
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