AllianceBernstein (NYSE: AB) awards 4,397 restricted units to director Das
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Narayandas Das reported acquisition or exercise transactions in this Form 4 filing.
ALLIANCEBERNSTEIN HOLDING L.P. granted Director Narayandas Das 4,397 restricted AB Holding Units as equity compensation. The grant was approved by the Board of AllianceBernstein Corporation, with each Independent Director recusing himself or herself from approving this specific grant.
The units were valued at $38.67 per unit, based on the NYSE closing price on May 20, 2026, and will vest in three equal 33.33% installments on May 1, 2027, 2028 and 2029. After this award, Das directly holds 49,318 AB Holding Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Narayandas Das
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | AB Holding Units | 4,397 | $38.67 | $170K |
Holdings After Transaction:
AB Holding Units — 49,318 shares (Direct, null)
Footnotes (1)
- Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units"). The Board of Directors of AllianceBernstein Corporation, general partner of AB Holding, granted 4,397 restricted AB Holding Units to the Reporting Person during a meeting of the Board held on May 20, 2026; each Independent Director recused himself or herself from approving this grant. The AB Holding Units will vest and be delivered in equal 33.33% increments on each of May 1, 2027, 2028 and 2029. Closing price of an AB Holding Unit (NYSE: AB) on the grant date (May 20, 2026).
Key Figures
Restricted units granted: 4,397 AB Holding Units
Grant date price: $38.67 per unit
Holdings after grant: 49,318 AB Holding Units
+1 more
4 metrics
Restricted units granted
4,397 AB Holding Units
Equity compensation grant on May 20, 2026
Grant date price
$38.67 per unit
NYSE closing price on May 20, 2026
Holdings after grant
49,318 AB Holding Units
Total direct holdings following transaction
Vesting installments
33.33% each
Vesting on May 1, 2027, 2028 and 2029
Key Terms
restricted AB Holding Units, Independent Director, beneficial ownership, vesting
4 terms
restricted AB Holding Units financial
"granted 4,397 restricted AB Holding Units to the Reporting Person"
Independent Director financial
"each Independent Director recused himself or herself from approving this grant"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
beneficial ownership financial
"Units representing assignments of beneficial ownership of limited partnership interests"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
vesting financial
"The AB Holding Units will vest and be delivered in equal 33.33% increments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did AllianceBernstein (AB) report for Narayandas Das?
AllianceBernstein reported that Director Narayandas Das received a grant of 4,397 restricted AB Holding Units. This was an equity compensation award approved by the Board and classified as a grant or award acquisition, not an open-market purchase.
What is the value of the restricted AB Holding Units granted to Narayandas Das?
The 4,397 restricted AB Holding Units were valued at $38.67 per unit, the NYSE closing price on May 20, 2026. This price is used for grant valuation rather than indicating any separate purchase transaction by the director.
How and when do Narayandas Das’s restricted AB Holding Units vest?
The granted restricted AB Holding Units vest in three equal 33.33% installments on May 1, 2027, May 1, 2028, and May 1, 2029. Vesting means the units are delivered over time, aligning director compensation with longer-term company performance.
How many AB Holding Units does Narayandas Das hold after this grant?
Following the grant, Narayandas Das directly holds 49,318 AB Holding Units. This figure includes the newly awarded restricted units and reflects his total direct beneficial ownership as reported in the Form 4 after the transaction.
Who approved the restricted unit grant to Narayandas Das at AllianceBernstein?
The grant was approved by the Board of Directors of AllianceBernstein Corporation, the general partner of AllianceBernstein Holding L.P. Each Independent Director recused himself or herself from approving this particular grant to avoid conflicts of interest.
Are the 4,397 AB Holding Units a market purchase by Narayandas Das?
No. The 4,397 AB Holding Units are a restricted equity grant, categorized as a grant, award, or other acquisition. They were not bought on the open market but issued as part of director compensation at the specified closing price.