Kaye Daniel G 4

What Happened Daniel G. Kaye, an independent director of AllianceBernstein Holding L.P. (NYSE: AB), was granted 4,397 restricted AB Holding Units on May 20, 2026. The filing values the grant at $38.67 per unit for a total grant value of approximately $170,032. This was an award grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: May 20, 2026; 4,397 units at $38.67 per unit (closing price on grant date).
• Total value: ~$170,032.
• Vesting/delivery: Units vest and will be delivered in three equal installments (33.33% each) on May 1, 2027, 2028 and 2029.
• Unit type: AB Holding Units representing limited partnership interests in AllianceBernstein Holding L.P. (footnote F1).
• Approval/recusal: Grant was approved at a Board meeting; each independent director recused from approving this grant (footnote F2).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Report filed May 22, 2026 (two days after the May 20 grant) — appears timely under standard Form 4 rules.

Context This was a restricted-unit award to an independent director rather than a market purchase or sale. Restricted-unit grants are common compensation for directors and vest over time; they do not by themselves indicate a buy or sell signal. The filing shows grant details and the multi-year vesting schedule, which means the economic benefit is realized over the next three years as units vest.