AllianceBernstein (NYSE: AB) insider receives 11,068-unit long-term equity award
Rhea-AI Filing Summary
AllianceBernstein Holding L.P. reported that its General Counsel and Corporate Secretary received a long-term equity incentive award in the form of 11,068 AB Holding Units on December 10, 2025. These units were valued using a closing price of $41.11 per AB Holding Unit on that date and are held in a rabbi trust under the company’s incentive compensation award program.
The award vests in three equal annual installments on December 1, 2026, 2027 and 2028, subject to agreements and covenants in the applicable award agreement. Following this grant, the reporting person beneficially owns 26,298 AB Holding Units indirectly through the rabbi trust.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did AllianceBernstein (AB) disclose in this Form 4?
The General Counsel and Corporate Secretary of AllianceBernstein Holding L.P. reported receiving a long-term incentive award of 11,068 AB Holding Units on December 10, 2025, held indirectly through a rabbi trust.
At what price were the AB Holding Units valued in the reported AllianceBernstein (AB) award?
The 11,068 AB Holding Units were valued using the $41.11 closing price of an AB Holding Unit (NYSE: AB) on December 10, 2025, the date the award was approved and valued.
How and when do the reported AB Holding Units vest for the AllianceBernstein (AB) insider?
The award of 11,068 AB Holding Units vests in three equal annual increments on December 1, 2026, December 1, 2027, and December 1, 2028, subject to the agreements and covenants in the applicable award agreement.
How many AllianceBernstein (AB) units does the insider own after this transaction?
After the reported transaction, the insider beneficially owns 26,298 AB Holding Units, held indirectly through a rabbi trust under AllianceBernstein’s incentive compensation award program.
What is a rabbi trust in the context of the AllianceBernstein (AB) equity award?
The filing states that the 11,068 AB Holding Units are held in a rabbi trust under AllianceBernstein’s incentive compensation award program until they vest and are delivered to the reporting person.
Which executive at AllianceBernstein (AB) reported this Form 4 transaction?
The transaction was reported by an officer of AllianceBernstein Holding L.P. who serves as General Counsel & Corporate Secretary.