Abacus Global Management, Inc.NYSE: ABX

Abacus Founders Elect to Retain Substantial Ownership, Terminate 10b5-1 Trading Plans

· Issued by Abacus Global Management, Inc. via Business Wire

Summary by 6ix AI

Abacus Global Management, a financial services company focused on longevity-based assets and personal financial planning and listed on the New York Stock Exchange as ABX, said on September 23, 2026 that founders Sean McNealy, Matthew Ganovsky and Scott Kirby have elected to terminate their Rule 10b5-1 trading plans, which are pre-set plans for selling shares.

Key details

  • The plans were set up to give the three founders a measured opportunity for personal liquidity and diversification. Abacus says none of them had sold a significant amount of shares in the open market since the company became publicly traded.
  • Abacus says each founder independently decided that keeping his current ownership position and alignment with shareholders outweighed the diversification goals of the plans.
  • Abacus says each founder would have remained among its largest individual shareholders even if the plans had been completed.
  • The founders are moving away from their day-to-day operational responsibilities as part of what Abacus calls a previously planned evolution of the company.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/abacus-founders-elect-to-retain-substantial-ownership-terminate-10b5-1-trading-plans

Watch Abacus Global Management's latest callAbacus Global Management (NYSE:ABX) Q3 2026 Earnings Call · Replay · Nov 5Read the transcript of Abacus Global Management (NYSE:ABX) Q3 2026 Earnings Call

~ Long-standing founders reaffirm confidence in Abacus as Company continues long-term growth strategy ~

ORLANDO, Fla., September 23, 2026--(BUSINESS WIRE)--Abacus Global Management, Inc. ("Abacus" or the "Company") (NYSE: ABX), a financial services company specializing in alternative asset management with a focus on longevity-based assets and personalized financial planning, today announced that Company founders Sean McNealy, Matthew Ganovsky, and Scott Kirby have elected to terminate their previously established Rule 10b5-1 trading plans.

The plans were originally established to provide a measured opportunity for personal liquidity and diversification for the three founders, none of whom had sold a significant amount of shares in the open market since the Company became publicly traded. Each founder independently determined that maintaining his current ownership position and alignment with shareholders outweighed the diversification objectives for which the plans were established. Even had the plans been completed, each founder would have remained among the Company's largest individual shareholders.

While the founders are transitioning from their day-to-day operational responsibilities as part of the Company's previously planned evolution, they remain deeply invested in Abacus's future through their substantial equity ownership.

About Abacus

Abacus Global Management (NYSE: ABX) is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovation, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.

For more information, please visit www.abacusgm.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20260923430678/en/

Contacts

Investor Relations
David Jackson – Head of Investor Relations
[email protected]
(321) 299-0716

Public Relations
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