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Abacus Group updates director Steven Sewell’s equity incentive holdings

Story Highlights
  • Abacus Group reported updated equity interests for director Steven Sewell, mainly affecting his incentive rights holdings.
  • Sewell’s long-term incentive rights increased and short-term incentive rights decreased, while his stapled security holdings were largely unchanged.
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Abacus Group updates director Steven Sewell’s equity incentive holdings

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An announcement from Abacus Property Group ( (AU:ABG) ) is now available.

Abacus Group has disclosed a change in the interests of director Steven Sewell, detailing adjustments to his holdings of stapled securities and equity-based incentives. The filing shows Sewell’s direct interests now include more long-term incentive (LTI) rights and slightly fewer short-term incentive (STI) rights, with no change to his indirect stapled security holdings through various family and superannuation entities.

Following the changes on 13 March 2026, Sewell’s direct LTI rights increased to just over 5.0 million while his STI rights decreased to about 252,000, and his direct stapled security holdings remained unchanged at roughly 1.3 million units. The update, lodged under ASX disclosure rules, underscores the ongoing use of incentive rights under the Abacus Equity Incentive Plan as a key component of executive remuneration, which can influence alignment between management performance and securityholder returns over time.

The most recent analyst rating on (AU:ABG) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Abacus Property Group stock, see the AU:ABG Stock Forecast page.

More about Abacus Property Group

Abacus Group, part of Abacus Property Group, operates as a listed stapled entity structure comprising trusts and companies focused on property investment and related activities in Australia. Its securities include ordinary stapled securities and performance-based equity instruments granted under the Abacus Equity Incentive Plan to align management interests with securityholders.

Average Trading Volume: 1,078,544

Technical Sentiment Signal: Sell

Current Market Cap: A$924.9M

Learn more about ABG stock on TipRanks’ Stock Analysis page.

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