Equitable Holdings, Inc. — Director's Dealing 2025

Jul 14, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLIANCEBERNSTEIN L.P. (NONE)
CIK: 0001109448
Period of Report: 2025-07-10

Reporting Person: Equitable Holdings, Inc. (10% Owner, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-07-10	Units	J	19682946	—	Acquired	81445154	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-07-10	Exchange Right	$0	J	14894140	Acquired	2025-07-10	Units (14894140)	Direct
2025-07-10	Exchange Right	$0	J	19682946	Disposed	2025-07-10	Units (19682946)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Units	75851289	Indirect
Units	41934582	Indirect

Footnotes

F1: Units Representing Assignments of Beneficial Ownership of Limited Partnership Interests ("AB Units") in AllianceBernstein L.P. ("AB").

F2: As previously disclosed by the Reporting Person ("EQH") on a Form 4 filed with the Securities and Exchange Commission on December 19, 2024, EQH and AB entered into a Master Exchange Agreement (the "Exchange Agreement") providing for the issuance by AB of up to 10,000,000 AB Units to EQH and any of its wholly-owned subsidiaries in exchange for an equal number of units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units") owned by EQH or any such subsidiary. At the time the Exchange Agreement was entered into, AB and EQH exchanged 5,211,194 AB Holding Units for AB Units (thereby reducing the 10,000,000 AB Units available for future exchange to 4,788,806 AB Units), and the acquired AB Holding Units were retired.

F3: On July 10, 2025, AB entered in an Amended and Restated Exchange Agreement (the "Amended Exchange Agreement") to increase the AB Units that remain available for exchange from 4,788,806 AB Units to 19,682,946 AB Units. At the time the Amended Exchange Agreement was entered into, AB and EQH exchanged 19,682,946 AB Holding Units for AB Units and the acquired AB Holding Units were retired. For more information concerning EQH's holdings of AB Holding Units, see its separate Form 4 filing with respect to AB Holding Units.

F4: Prior to the exchange, EQH beneficially owned directly 61,762,208 AB Units and beneficially owned indirectly 75,851,289 AB Units beneficially owned directly by Alpha Units Holdings,
Inc., a wholly-owned subsidiary of EQH, and beneficially owned indirectly 41,934,582 AB Units beneficially owned directly by Alpha Units Holdings II, Inc, also a wholly-owned subsidiary of EQH. For more information on the Reporting Person's affiliates' holdings of AB Units, see their separate Form 4 filings with respect to AB Units.