2 unchanged sentences
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 third quarter of 2023 expired at the close of business on October 25, 2023.
+Added: We did not adopt a plan during the first quarter of 2024.
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 2023 are as follows:
+Added: AB Holding Units bought by us or one of our affiliates during the first quarter of 2024 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
19 unchanged sentences
Total 130,548 $ 33.29 — —
−Removed: (1) During the third quarter of 2023, AB retained from employees 230 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 2023, AB purchased 1,813,889 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 2023 are as follows:
+Added: (1) During the first quarter of 2024, AB retained from employees 130,548 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 2024 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
16 unchanged sentences
Total 14,200 $ 33.30 — —
−Removed: (1) During the third quarter of 2023 , AB purchased 200 AB Units in private transactions and retired them.
+Added: (1) During first quarter of 2024, AB purchased 14,200 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.