Insider Selling: Abacus Global Management (NYSE:ABX) Major Shareholder Sells $210,960.00 in Stock
MarketBeat
Abacus Global Management, Inc. (NYSE:ABX - Get Free Report) major shareholder Sean Mcnealy sold 24,000 shares of the company's stock in a transaction on Friday, September 18th. The shares were sold at an average price of $8.79, for a total value of $210,960.00. Following the sale, the insider directly owned 12,586,606 shares of the company's stock, valued at approximately $110,636,266.74. This represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
NYSE:ABX
