Director at AllianceBernstein (NYSE: AB) receives 4,397 restricted units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AllianceBernstein Holding L.P. director Bruce M. Holley reported receiving a grant of 4,397 AB Holding Units as equity compensation. The award was approved by the Board of Directors of AllianceBernstein Corporation, the general partner of AB Holding.
The restricted AB Holding Units will vest and be delivered in three equal 33.33% installments on May 1, 2027, May 1, 2028 and May 1, 2029. Following this grant, Holley directly holds a total of 13,642 AB Holding Units.
The grant was valued using the closing price of AB Holding Units of $38.67 on the grant date, May 20, 2026. This filing reflects a routine compensation-related acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holley Bruce M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | AB Holding Units | 4,397 | $38.67 | $170K |
Holdings After Transaction:
AB Holding Units — 13,642 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
Equity grant: 4,397 AB Holding Units
Grant-date price: $38.67 per AB Holding Unit
Holdings after grant: 13,642 AB Holding Units
+3 more
6 metrics
Equity grant
4,397 AB Holding Units
Restricted units granted on May 20, 2026
Grant-date price
$38.67 per AB Holding Unit
Closing price on May 20, 2026
Holdings after grant
13,642 AB Holding Units
Direct ownership following the reported transaction
Vesting installment 1
33.33% of units
Scheduled to vest on May 1, 2027
Vesting installment 2
33.33% of units
Scheduled to vest on May 1, 2028
Vesting installment 3
33.33% of units
Scheduled to vest on May 1, 2029
Key Terms
restricted AB Holding Units, Independent Director, vesting, closing price, +1 more
5 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.
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.
closing price financial
"Closing price of an AB Holding Unit (NYSE: AB) on the grant date"
limited partnership interests financial
"assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P."
An ownership stake in a limited partnership gives an investor the role of a limited partner who provides capital but does not run day-to-day operations; a separate general partner manages the business. It matters because limited partners share profits, losses, and tax benefits but generally cannot lose more than they invested and have little control or liquidity—think of it like quietly funding a small business while someone else manages it, with potential return and risk tied to the venture’s performance.
FAQ
What did Bruce M. Holley report in this Form 4 for AB?
Bruce M. Holley reported receiving a grant of 4,397 AB Holding Units as equity compensation. These units are restricted and were awarded by the Board of the general partner of AllianceBernstein Holding L.P.
Is the Bruce M. Holley Form 4 for AB a market buy or sell?
The Form 4 shows a grant of 4,397 AB Holding Units as compensation, not an open-market purchase or sale. The transaction is coded as an acquisition from a grant or award, rather than a discretionary trade.
What is Bruce M. Holley’s AB holding after this reported grant?
After the reported grant, Bruce M. Holley directly holds 13,642 AB Holding Units. This total reflects his position following the award of 4,397 restricted units disclosed in the Form 4 filing.
How and when will Bruce M. Holley’s AB units from this grant vest?
The 4,397 restricted AB Holding Units will vest and be delivered in three equal 33.33% installments on May 1, 2027, May 1, 2028 and May 1, 2029, subject to the grant’s terms.
How was the value of Bruce M. Holley’s AB unit grant determined?
The grant’s reference value uses the closing price of AB Holding Units of $38.67 on May 20, 2026. This closing price corresponds to the NYSE trading price on the grant date noted in the Form 4 footnotes.