Walthall Todd 4

What Happened
Todd Walthall, a director of AllianceBernstein Holding L.P. (NYSE: AB), was granted 4,397 restricted AB Holding Units on May 20, 2026. The grant was valued at $38.67 per unit (closing price on the grant date), for a total value of $170,032. This transaction is an award/compensation grant (code A), not an open‑market purchase or sale.

Key Details

• Transaction date and price: May 20, 2026; 4,397 units @ $38.67 (closing price) — total $170,032.
• Vesting/delivery: Units vest and will be delivered in three equal installments (33.33% each) on May 1, 2027, May 1, 2028 and May 1, 2029 (footnote F2).
• Unit type: AB Holding Units represent limited partnership interests in AllianceBernstein Holding L.P. (footnote F1).
• Board approval detail: The Board granted the restricted units; per the filing, each Independent Director recused himself or herself from approving this grant (footnote F2).
• Shares owned after transaction: Not reported in the supplied filing details.
• Timeliness: Form 4 was filed May 22, 2026 for a May 20 transaction — within the typical 2‑business‑day Form 4 reporting window (timely).
• Transaction code: A = Award/Grant.

Context
This is a routine director compensation grant and should be viewed as pay-related, not a direct market bet. Because the units are restricted and vest over three years, they do not provide immediate saleable stock until vested and delivered. The filing simply documents the grant and vesting schedule; it does not disclose any immediate change in insider holdings beyond the award.