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 other than as previously disclosed by AB Holding in its Current Report on Form 8-K dated July 1, 2022.
+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.
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: We did not, however, adopt a plan during the third quarter of 2022.
+Added: We did not, however, adopt a plan during the first quarter of 2023.
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 2022 are as follows:
+Added: AB Holding Units bought by us or one of our affiliates during the first quarter of 2023 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
17 unchanged sentences
3/1/23 - 3/31/23 (1)
+Added: 17,670 35.31 — —
Total 520,970 $ 36.08 — —
−Removed: (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.
−Removed: AB Units bought by us or one of our affiliates during the third quarter of 2022 are as follows:
+Added: (1) During the first quarter of 2023, AB retained from employees 520,970 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 first quarter of 2023 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
16 unchanged sentences
Total 600 $ 38.62 — —
−Removed: (1) During September 2022 , AB purchased 1,400 AB Units in private transactions.
+Added: (1) During March 2023 , AB purchased 600 AB Units in private transactions and retired them.
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.