AllianceBernstein Holding L.P. (AB) CEO sells 26,840 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLIANCEBERNSTEIN HOLDING L.P. CEO Seth P. Bernstein reported an open-market sale of 26,840 AB Holding Units. The weighted average sale price was $41.08 per unit, with individual sale prices ranging from $40.69 to $41.57. After this transaction, he directly held 241,046 AB Holding Units, which represent beneficial ownership interests in limited partnership interests of the firm.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,840 shares ($1,102,587)
Net Sell
1 txn
Insider
BERNSTEIN SETH P
Role
CEO
Sold
26,840 shs ($1.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | AB Holding Units | 26,840 | $41.08 | $1.10M |
Holdings After Transaction:
AB Holding Units — 241,046 shares (Direct)
Footnotes (1)
- Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units"). Reporting Person sold 26,840 AB Holding Units at prices ranging from $40.69 to $41.57 per Unit. The price set forth in the table represents the weighted average sales price.
FAQ
What insider transaction did AB CEO Seth P. Bernstein report on Form 4?
AB CEO Seth P. Bernstein reported selling 26,840 AB Holding Units in an open-market transaction. The filing shows this as a direct sale, reducing his directly held units to 241,046 after the transaction was completed.
At what prices did Seth P. Bernstein sell AB Holding Units?
Seth P. Bernstein sold AB Holding Units at prices ranging from $40.69 to $41.57 per unit. The Form 4 reports a weighted average sale price of $41.08 per unit across the 26,840 units sold in the transaction.
How many AB Holding Units does Seth P. Bernstein hold after the sale?
After the reported sale, Seth P. Bernstein directly holds 241,046 AB Holding Units. This total reflects his remaining beneficial ownership in units representing limited partnership interests following the disposition of 26,840 units in the open market.
What security did the AB Form 4 transaction involve?
The transaction involved AB Holding Units, which are units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. These units trade similarly to equity interests and are the primary security referenced in the Form 4.
Was the AB CEO’s transaction a buy or a sell of units?
The transaction was a sell. The Form 4 classifies it under code “S” as a sale in an open market or private transaction, and the normalized data describe it as an open-market sale of 26,840 AB Holding Units.
How many AB units were sold in total and how is pricing reported?
A total of 26,840 AB Holding Units were sold. The filing notes the units were sold at prices between $40.69 and $41.57, and it reports a single weighted average sale price of $41.08 per unit for disclosure purposes.