Insider Sale by McCauley William Hugh JR (COO and CFO)
Trade Summary
2 days ago, McCauley William Hugh JR, serving as COO and CFO at Abacus Global Management, Inc. (ABX), sold 125,000 shares at $9.10 per share, for a total transaction value of $1,137,500.00. Following this transaction, McCauley William Hugh JR now holds 915,260 shares of ABX.
This sale represents a 12.02% decrease in McCauley William Hugh JR's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, August 20, 2026 and publicly disclosed via SEC Form 4 filing on Friday, August 21, 2026 at 4:32 PM ET, 1 day after the trade was made.
Abacus Global Management, Inc. operates in the FINANCIAL SERVICES sector, specifically within the INSURANCE - LIFE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$9.10
Quantity
125,000
Total Value
$1,137,500.00
Shares Owned
915,260
Trade Date
2 days ago
SEC Filing Date
at 4:32 PM ET
Filed 1 day after trade
Discussion