Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AB | AB Holding Units | Sale | -$438K | -12.5K | -8.92% | $35.04 | 128K | Mar 22, 2023 | Direct | F1, F2, F3 |
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).
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. |