ABX - Abacus Global Management, Inc.

Insider Purchase by McNealy Sean (Co-Founder, Pres, 10%)

1 Year
After Trade
Before Trade

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Trade Summary

10 months ago, McNealy Sean, serving as Co-Founder, Pres, 10% owner at Abacus Global Management, Inc. (ABX), purchased 86,207 shares at $5.77 per share, for a total transaction value of $497,759.00. Following this transaction, McNealy Sean now holds 12,455,707 shares of ABX.

This purchase represents a 1.00% increase in McNealy Sean's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, June 4, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, February 18, 2026, 259 days after the trade was made.

McNealy Sean

McNealy Sean

Co-Founder, Pres, 10%

Sean McNealy is a 59-year-old business executive serving as Co-Founder, President, and Class I Director of Abacus Global Management, Inc. (Nasdaq: ABL), a company specializing in the life settlements industry.[[1]](https://fintool.com/app/research/companies/ABL/people/sean-mcnealy)[[4]](https://abacusgm.com/team/sean-mcnealy/)[[5]](https://abacusgm.com/about/) He co-founded Abacus Settlements in 2004 alongside Matthew Ganovsky and Kevin Scott Kirby, leading its growth into a public entity through a 2023 business combination, where he has been on the board since July 2023 with his term extending to the 2027 annual meeting.[[1]](https://fintool.com/app/research/companies/ABL/people/sean-mcnealy)[[6]](https://www.morpheus-research.com/abacus/) McNealy holds a B.S. in Marketing from the University of Central Florida (1991) and owns approximately 12.5 million shares, representing a 10%+ ownership stake in ABL.[[1]](https://fintool.com/app/research/companies/ABL/people/sean-mcnealy)[[3]](https://www.gurufocus.com/insider/232658/sean-mcnealy) Under his leadership, Abacus achieved record Q3 2025 results, with revenue up 124% YoY to $63.0M and Adjusted EBITDA up 127% YoY to $37.9M, prompting an upgraded 2025 earnings outlook.[[1]](https://fintool.com/app/research/companies/ABL/people/sean-mcnealy) On June 4, 2025, McNealy purchased 86,207 shares at $5.774 each, totaling $497,759, increasing his direct ownership amid stock volatility.[[2]](https://www.investing.com/news/insider-trading-news/abacus-global-management-cofounder-sean-mcnealy-buys-497759-in-stock-93CH-4085518) His compensation includes a base salary rising to $350,000 effective May 2025, performance-based RSUs tied to Adjusted Net Income, and equity-heavy incentives aligning with shareholder value.[[1]](https://fintool.com/app/research/companies/ABL/people/sean-mcnealy)

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Trade Price

$5.77

Quantity

86,207

Total Value

$497,759.00

Shares Owned

12,455,707

Trade Date

Wednesday, June 4, 2025

308 days ago

SEC Filing Date

Wednesday, February 18, 2026

Filed 259 days after trade

About Abacus Global Management, Inc.

Company Overview

No company information available
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