Abacus Global Management (EXCHANGE:ABX) reported an insider sale and a separate acquisition tied to vested restricted stock units this month, according to securities filings.
Per a Form 4 filed with the Securities and Exchange Commission, Kevin Scott Kirby - who is a Co-Founder and serves as President of Abacus Global Management - sold 2,386 shares of common stock on February 18, 2026. The sale price was $8.383 per share, producing proceeds of $20,001.
The same filing records that Kirby purchased 8,000 shares on February 13, 2026, at $8.40 per share, for a total transaction value of $67,200. The filing specifies that those 8,000 shares became his as the result of vesting under a previously granted award of Restricted Stock Units (RSUs).
Following the combination of the February transactions, Kirby's stake in the company is detailed in the filing. He directly holds 12,464,670 shares of Abacus Global Management common stock. In addition to his direct ownership, the filing notes indirect ownership of 86,207 shares through a limited liability company that he jointly owns with his spouse.
Separately, Abacus Global Management has disclosed strategic initiatives intended to expand its product set and change its market listing. The company announced the creation of a new asset-based finance strategy within its Asset Group, aimed at addressing what the company described as a more than $20 trillion asset-based finance market. Leadership for this initiative will come from Monty Cook, who serves as Head of Private Credit at Abacus, alongside Elena Plesco, the company's Chief Capital Officer.
Abacus also revealed plans to move the listings of its common stock and its 9.875% Fixed Rate Senior Notes due 2028 from the Nasdaq Capital Market to the New York Stock Exchange. The company stated that the final day of trading on Nasdaq was December 29, 2025, and that trading on the NYSE was expected to begin on December 30, 2025. Upon commencement of trading on the NYSE, Abacus's common shares will trade under the symbol "ABX."
The combination of the insider filing and the corporate announcements was presented in the filings and company disclosures as part of ongoing developments at Abacus Global Management. The documents outline both the insider transactions and the changes to Abacus's strategic and market positioning but do not provide additional commentary on motivations or future changes in ownership beyond the stated holdings.