Briskin Brian 4

What Happened
Brian Briskin, a portfolio manager at AB Multi-Manager Alternative Fund, reported a purchase of 5,809.129 shares on June 1, 2026. The shares were acquired at $12.05 each for a total reported outlay of $70,000. This is a straight purchase (transaction code P), which is generally viewed as a direct investment in the fund rather than a sale.

Key Details

• Transaction date and price: 2026-06-01 — 5,809.129 shares @ $12.05 per share (total $70,000).
• Filing date: 2026-06-03 (filed two days after the transaction; within the typical Form 4 reporting window).
• Shares owned after transaction: The filing notes beneficial ownership includes 3,636.283 shares acquired under the issuer’s dividend reinvestment plan; the filing does not specify a separate total beneficial-ownership figure beyond that disclosure.
• Footnote: The reported post-transaction holdings include 3,636.283 Shares of Beneficial Interest acquired by the reporting person pursuant to the issuer's dividend reinvestment plan.
• Transaction type: P = Purchase (open market or private purchase as reported).

Context
Purchases by portfolio managers are direct investments in the fund and can be more informative for retail investors than routine sales. This filing does not involve option exercises, gifts, or tax-withholding transactions. The filing appears timely based on the dates provided.