Ganovsky Matthew 4
4 · Abacus Global Management, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Abacus Global (ABX) 10% Owner Matthew Ganovsky Receives RSU Award
What Happened
Matthew Ganovsky, a reported 10% owner of Abacus Global Management, Inc. (ABX), was granted/awarded 211,742 restricted stock units (RSUs) on 2026-03-12. The reported acquisition price per share is $10.10, giving a stated value of $2,138,594. This was an issuer award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-12; Filing date: 2026-03-16. (Filed four days after the transaction; appears later than the standard two business‑day Form 4 deadline.)
- Shares/units reported: 211,742 RSUs at $10.10 each; total value reported $2,138,594.
- Shares owned after transaction: Not specified in the summary information provided in this notice.
- Footnote: The RSUs were originally granted with performance-based vesting on May 8, 2025; performance criteria have now been satisfied. The RSUs vest one‑third of the amount that satisfied the performance criteria on each of the first three anniversaries of the grant date.
- Transaction type: Award/Grant (A). Not a sale, purchase, gift, or option exercise.
Context
These are performance-based RSUs that converted to a grant upon satisfaction of the performance criteria and will vest on a time-based schedule (one‑third on each of the first three grant anniversaries). As a 10% owner (not identified here as an officer), this filing reflects beneficial ownership changes for a major holder rather than routine executive market trading. The award itself does not indicate immediate buying or selling in the open market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-12$10.10/sh+211,742$2,138,594→ 8,821,366 total
Footnotes (1)
- [F1]Reflects Issuer's grant of 211,742 Restricted Stock Units (RSUs) that were made subject to performance-based vesting on May 8, 2025 for which the performance-based criteria have now been satisfied. These RSUs vest one-third (1/3) of the total amount that satisfied the performance-based vesting criteria on each of the first three anniversaries of the grant date.