Matthew Ganovsky has filed a Form 4 with the SEC, detailing a recent transaction involving shares of Abacus Global Management, Inc. This filing, dated November 4, 2026, is significant as it reflects changes in ownership interests within the investment advice sector.

Ganovsky reported that on October 30, 2026, he contributed 28,027 shares of Abacus Global Management to the Fidelity Exchange Fund. This transaction was valued at $8.47 per share, and it was completed on November 2, 2026. Following this contribution, Ganovsky retains ownership of 8,623,121 shares of the company.

Background

Abacus Global Management, Inc. is classified under the investment advice sector, specifically identified by the SIC code 6282. The company is based in Orlando, Florida, and operates within the broader financial services industry. The recent filing represents a part of Ganovsky's ongoing engagement with the firm, which has undergone name changes in the past, including a transition from Abacus Life, Inc. earlier this year.

What the Filing Says

"Represents shares of the Issuer's common stock contributed by the Reporting Person to the Fidelity Exchange Fund in exchange for an interest in the Fund."

This statement indicates that the shares were held in escrow prior to the contribution and that the transaction was executed at the closing share price on the specified date.

Impact

This transaction may affect investor perceptions of Abacus Global Management, particularly as it reflects a strategic decision by Ganovsky, who is identified as a prior 10% owner. Such movements can influence market dynamics and investor confidence in the company.

What's Next

The filing does not say what happens next.