1 unchanged sentence
There were no AB Holding Units sold by AB Holding in the period covered by this report that were not registered under the Securities Act.
−Removed: Each quarter, since the third quarter of 2011, AB has implemented plans to repurchase AB Holding Units pursuant to Rules 10b5-1 and 10b-18 under the Exchange Act.
−Removed: The plan adopted during the third quarter of 2021 expired at the close of business on October 27, 2021.
+Added: Each quarter, AB considers whether to implement a plan to repurchase AB Holding Units pursuant to Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934 (" Exchange Act ").
+Added: We did not, however, adopt a plan during the first quarter of 2022.
AB may adopt additional plans in the future to engage in open-market purchases of AB Holding Units to help fund anticipated obligations under the firm's incentive compensation award program and for other corporate purposes.
See Note 3 to the condensed financial statements contained in Part 1, Item 1.
−Removed: AB Holding Units bought by us or one of our affiliates during the third quarter of 2021 are as follows:
+Added: AB Holding Units bought by us or one of our affiliates during the first quarter of 2022 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
17 unchanged sentences
3/1/22 - 3/31/22 — — — —
−Removed: 510,835 50.79 — —
Total 296,193 $ 47.26 — —
−Removed: (1) During the third quarter of 2021, AB purchased from employees 109,285 AB Holding Units to allow them to fulfill statutory withholding tax requirements at the time of distribution of long-term incentive compensation awards.
−Removed: (2) During the third quarter of 2021, AB purchased 892,651 AB Holding Units on the open market pursuant to a Rule 10b5-1 plan to help fund anticipated obligations under our incentive compensation award program.
−Removed: AB Units bought by us or one of our affiliates during the third quarter of 2021 are as follows:
−Removed: ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Period Total Number
−Removed: Purchased Average Price
−Removed: AB Unit, net of
−Removed: Total Number of
−Removed: AB Units Purchased as
−Removed: Part of Publicly
−Removed: Announced Plans
−Removed: or Programs Maximum Number
−Removed: (or Approximate
−Removed: Dollar Value) of
−Removed: AB Units that May Yet
−Removed: Be Purchased Under
−Removed: 7/1/21 - 7/31/21 — $ — — —
−Removed: 8/1/21 - 8/31/21 — — — —
−Removed: 9/1/21 - 9/30/21 (1)
−Removed: 4,000 51.58 — —
−Removed: Total 4,000 $ 51.58 — —
−Removed: (1) During September 2021, AB purchased 4,000 AB Units in private transactions.
+Added: (1) During the first quarter of 2022 , AB retained from employees 296,193 AB Holding Units to allow them to fulfill statutory withholding tax requirements at the time of distribution of long-term incentive compensation awards.
Defaults Upon Senior Securities
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.