Equitable Holdings, Inc. 4

What Happened
Equitable Holdings, Inc. (reported as a 10% owner) disclosed three "other acquisition or disposition (J)" entries relating to AllianceBernstein on 2025-10-29. Each entry shows 0 shares at $0.00 (one listed as an ordinary acquisition, one as an acquisition of a derivative, and one as a disposition of a derivative), so no shares or cash changed hands in these reported transactions.

Key Details

• Transaction date: October 29, 2025; Transaction type: Code J ("other acquisition or disposition") — all entries report 0 shares at $0.00.
• Shares owned after transaction: footnotes report EQH’s AB Unit holdings prior to exchanges — directly 61,762,208 AB Units and indirectly 75,851,289 and 41,934,582 AB Units held via two wholly owned subsidiaries (see footnotes for details).
• Notable footnotes:
  • F2/F3 describe Master Exchange Agreements under which AB Holding Units were exchanged for AB Units (multiple prior exchanges totaling millions of units; exchanged units were retired).
  • F1 clarifies AB Units are units representing limited partnership interests in AllianceBernstein L.P.
• Filing timeliness: The Form 4 was filed on Feb 13, 2026 for transactions dated Oct 29, 2025 — the report was submitted late relative to typical Section 16 reporting windows.

Context

• Code J and zero-share entries typically reflect administrative, derivative, or bookkeeping actions (or reporting of pre-existing arrangements), not open-market buys or sells. No market trade was reported here.
• As a 10% institutional owner, Equitable Holdings’ filings reflect entity-level holdings and structural unit exchanges rather than personal insider trading.