William Hugh McCauley Jr., COO and CFO of Abacus Global Management, Inc. (NYSE:ABX), filed a Form 4 on August 21, 2026, reporting the open-market sale of 125,000 shares of common stock on August 20, 2026.

Key Highlights

  • Shares sold: 125,000 shares of Abacus Global Management common stock disposed of on August 20, 2026.
  • Weighted average price: $9.10 per share, with individual transactions ranging from $8.92 to $9.23, inclusive.
  • Stated purpose: According to the filing, shares were sold "to satisfy estimated tax obligations."
  • Remaining ownership: McCauley directly holds 915,260 shares of common stock following the transaction.
  • Transaction code: "S" (open-market sale), filed directly by the reporting person.

McCauley's Open-Market Sale Details and Post-Transaction Ownership

According to the Form 4 filed with the SEC, William Hugh McCauley Jr., serving as both Chief Operating Officer and Chief Financial Officer of Abacus Global Management, Inc. (NYSE:ABX), sold 125,000 shares of the company's common stock on August 20, 2026. The filing identifies the transaction code as "S," indicating an open-market sale. The reported price of $9.10 represents a weighted average across multiple transactions executed that day.

The filing's footnote states that "the price reported in Column 4 is a weighted average price" and that "these sales were executed in multiple transactions at prices ranging from $8.92 to $9.23, inclusive." The footnote further notes that McCauley "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 transaction, McCauley's direct beneficial ownership stands at 915,260 shares of common stock, as disclosed in Table I of the filing. No derivative securities transactions were reported. The form was signed by William Hugh McCauley, Jr. and dated August 21, 2026. No amendment date was indicated, and the form was filed by one reporting person.

What Was Disclosed

The filing reports a single open-market sale of 125,000 common shares by Abacus Global Management's COO and CFO on August 20, 2026, at a weighted average price of $9.10 per share, executed to satisfy estimated tax obligations, leaving the officer with 915,260 directly held shares.