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: We did not adopt a plan during the first quarter of 2024.
+Added: The plan adopted during the second quarter of 2024 expired at the close of business on July 25, 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 first quarter of 2024 are as follows:
+Added: AB Holding Units bought by us or one of our affiliates during the second quarter of 2024 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
19 unchanged sentences
Total 856,795 $ 33.77 — —
−Removed: (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.
−Removed: AB Units bought by us or one of our affiliates during the first quarter of 2024 are as follows:
+Added: (1) During the second quarter of 2024, AB retained from employees 216,309 AB Holding Units to allow them to fulfill statutory withholding tax requirements at the time of distribution of long-term incentive compensation awards.
+Added: (2) During the second quarter of 2024, AB purchased 640,486 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.
+Added: AB Units bought by us or one of our affiliates during the second quarter of 2024 are as follows:
ISSUER PURCHASES OF EQUITY SECURITIES
16 unchanged sentences
Total 4,600 $ 33.56 — —
−Removed: (1) During first quarter of 2024, AB purchased 14,200 AB Units in private transactions and retired them.
+Added: (1) During second quarter of 2024, AB purchased 4,600 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.