Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: 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.
+Added: 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 other than as previously disclosed by AB Holding in its Current Report on Form 8-K dated July 1, 2022.
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 ").
−Removed: The plan adopted during the second quarter of 2022 expired at the close of business on July 26, 2022.
+Added: We did not, however, adopt a plan during the third 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 second quarter of 2022 are as follows:
+Added: AB Holding Units bought by us or one of our affiliates during the third quarter of 2022 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
17 unchanged sentences
6,517 43.93 — —
−Removed: 716,743 42.10 — —
Total 22,241 $ 42.26 — —
−Removed: (1) During the second quarter of 2022, AB retained from employees 381 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 second quarter of 2022, AB purchased 2,300,000 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 second quarter of 2022 are as follows:
+Added: (1) During the third quarter of 2022, AB retained from employees 22,241 AB Holding Units to allow them to fulfill statutory withholding tax requirements at the time of distribution of long-term incentive compensation awards.
+Added: AB Units bought by us or one of our affiliates during the third quarter of 2022 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
16 unchanged sentences
Total 1,400 $ 43.30 — —
−Removed: (1) During June 2022 , AB purchased 1,100 AB Units in private transactions.
+Added: (1) During September 2022 , AB purchased 1,400 AB Units in private transactions.
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.