secwatch.observer — SEC 8-K summary
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Issuer:     Abacus Global Management, Inc. (ABX)
CIK:        0001814287
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001628280-26-019440
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 4.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Abacus Global switches auditor to KPMG, names McCauley COO, sets $192M stretch ANI target
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- Dismissed Grant Thornton, engaged KPMG as auditor effective March 16, 2026; no disagreements or reportable events.
- Appointed William McCauley as COO, retaining CFO role; salary increased to $500,000.
- CEO Jay Jackson salary raised to $725,000; eligible for performance-based RSUs up to 1,188,119 shares at stretch target.
- 2026 cash bonus tied to Adjusted Net Income: Target $96M, Stretch $192M; CEO stretch bonus $2.9M, CFO/COO $1.9M.
- One-time equity bonus: CEO 2M shares, CFO/COO 1M shares, subject to market cap/AUM milestones and shareholder approval of 2026 LTIP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814287/000162828026019440/0001628280-26-019440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814287/000162828026019440/abl-20260312.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-019440

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer