Kate C. Burke - 22 Mar 2023 Form 4 Insider Report for ALLIANCEBERNSTEIN HOLDING L.P. (AB)

Role
COO & CFO
Signature
/s/ Kate C. Burke
Issuer symbol
AB
Transactions as of
22 Mar 2023
Net transactions value
-$438,000
Form type
4
Filing time
23 Mar 2023, 16:38:56 UTC
Previous filing
14 Dec 2022
Next filing
26 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AB AB Holding Units Sale $438,000 -12,500 -8.9% $35.04 127,705 22 Mar 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units")
F2 Ms. Burke sold 12,500 AB Holding Units under a 10b5-1 plan she adopted on December 19, 2022. AB Holding filed Form 10-K relating to financial results for the year ended December 31, 2022, on February 10, 2023.
F3 Ms. Burke sold 12,500 AB Holding Units at prices ranging from $34.93 to $35.27 per Unit. The price set forth in the table is the weighted average of her sales at these prices.