Kate C. Burke - Aug 10, 2023 Form 4 Insider Report for ALLIANCEBERNSTEIN HOLDING L.P. (AB)

Role
Former COO & CFO
Signature
/s/ Kate C. Burke
Stock symbol
AB
Transactions as of
Aug 10, 2023
Transactions value $
-$147,799
Form type
4
Date filed
8/14/2023, 01:36 PM
Previous filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AB AB Holding Units Sale -$148K -5K -4.34% $29.56 110K Aug 10, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kate C. Burke is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 her 5,000 AB Holding Units under a 10b5-1 plan she adopted on December 19, 2022.
F3 Ms. Burke sold 5,000 AB Holding Units at prices ranging from $29.44 to $29.85 per Unit. The price set forth in the table is the weighted average of her sales at these prices.