Narayandas Das 4
Research Summary
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AllianceBernstein (AB) Director Narayandas Das Receives Award
What Happened Narayandas Das, a director of AllianceBernstein Holding L.P. (NYSE: AB), was granted 4,397 restricted AB Holding Units on May 20, 2026. The grant was reported on a Form 4 filed May 22, 2026. The units were valued at $38.67 each (closing price on the grant date), for a total reported value of $170,032. This transaction is an award/grant (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: May 20, 2026; Form 4 filed: May 22, 2026 (within the standard reporting window).
- Grant type: Award/Grant (code A). Price used: $38.67 per AB Holding Unit (closing price).
- Quantity and value: 4,397 restricted AB Holding Units; total value ≈ $170,032.
- Vesting/delivery: Units vest and will be delivered in three equal installments (33.33% each) on May 1 of 2027, 2028 and 2029 (per footnote).
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Other notes: AB Holding Units are limited partnership interests in AllianceBernstein Holding L.P.; each Independent Director recused from approving this specific grant.
Context Restricted unit grants to directors are standard compensation and typically vest over time; they do not necessarily indicate the insider is buying or selling based on a view of the stock. The award’s dollar value here is based on the NYSE closing price of AB on the grant date, per the filing.