AllianceBernstein (NYSE: AB) CEO sells 29,000 units, retains 212,046
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLIANCEBERNSTEIN HOLDING L.P. director and CEO Seth P. Bernstein sold 29,000 AB Holding Units in an open-market transaction on April 30, 2026 at a weighted average price of $39.539 per unit. After this sale, he directly holds 212,046 AB Holding Units, which represent beneficial ownership of limited partnership interests in the firm.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 29,000 shares ($1,146,631)
Net Sell
1 txn
Insider
BERNSTEIN SETH P
Role
CEO
Sold
29,000 shs ($1.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | AB Holding Units | 29,000 | $39.539 | $1.15M |
Holdings After Transaction:
AB Holding Units — 212,046 shares (Direct, null)
Footnotes (1)
- Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units"). Reporting Person sold 29,000 AB Holding Units at a weighted average price of $39.539.
Key Figures
Units sold: 29,000 AB Holding Units
Sale price: $39.539 per unit
Holdings after sale: 212,046 AB Holding Units
3 metrics
Units sold
29,000 AB Holding Units
Open-market sale on April 30, 2026
Sale price
$39.539 per unit
Weighted average sale price
Holdings after sale
212,046 AB Holding Units
Direct beneficial ownership following transaction
Key Terms
AB Holding Units, open-market sale, beneficial ownership
3 terms
AB Holding Units financial
"Units representing assignments of beneficial ownership of limited partnership interests"
open-market sale financial
"Reporting Person sold 29,000 AB Holding Units at a weighted average price"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
FAQ
What insider transaction did AB CEO Seth P. Bernstein report?
Seth P. Bernstein reported an open-market sale of 29,000 AB Holding Units. The transaction took place on April 30, 2026, and was disclosed as a sale of units representing limited partnership interests in AllianceBernstein Holding L.P.
At what price did the AB CEO sell his 29,000 AB Holding Units?
The 29,000 AB Holding Units were sold at a weighted average price of $39.539 per unit. This average price reflects multiple trades that together comprised the reported open-market sale on April 30, 2026.
How many AB Holding Units does the CEO hold after this Form 4 sale?
Following the reported sale, Seth P. Bernstein directly owns 212,046 AB Holding Units. This figure shows his remaining direct beneficial ownership of units representing limited partnership interests in AllianceBernstein Holding L.P.
What security was involved in Seth P. Bernstein’s Form 4 filing for AB?
The filing involves AB Holding Units, which are units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. These units trade like equity and reflect an economic interest in the partnership.
Was the AB CEO’s transaction in this Form 4 a purchase or a sale?
The Form 4 reports a sale of AB Holding Units by the CEO. It is classified as an open-market sale, identified with transaction code “S” and labeled as a sale in open market or private transaction.