LAMMTENNANT JOAN M 4

What Happened

• Joan M. Lamm-Tennant, a director of AllianceBernstein, was granted 4,397 restricted AB Holding Units on May 20, 2026. The grant used a closing unit price of $38.67, valuing the award at $170,032. This was an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date and price: Grant dated May 20, 2026; closing price used $38.67 per unit (total value $170,032).
• Vesting schedule: Units vest and will be delivered in three equal installments (33.33% each) on May 1, 2027, May 1, 2028, and May 1, 2029.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed May 22, 2026 (appears timely — within the usual two-business-day Form 4 window).
• Notable governance note: Each Independent Director recused from approving this grant.
• Transaction code: A = Award/Grant.

Context

• These AB Holding Units represent limited partnership interests in AllianceBernstein Holding L.P. and are restricted units subject to vesting (they are compensation, not an immediate market buy or sell). Awards like this are common director compensation and do not, by themselves, indicate a buying or selling signal.