Form 4: AllianceBernstein Global High Income Fund Vice President Acquires Shares

Gershon M. Distenfeld, a Vice President at AllianceBernstein Global High Income Fund, has acquired additional shares of the company's common stock through an individual retirement account.

Summary

• Gershon M. Distenfeld, a Vice President at AllianceBernstein Global High Income Fund, reported the acquisition of company stock.
• The transactions occurred on January 15, 2025.
• Mr. Distenfeld acquired 755 shares at a price of $10.735 per share.
• He also acquired 659 shares at a price of $10.739 per share.
• These shares were purchased through an individual retirement account held by Mr. Distenfeld's wife, over which he has investment discretion.
• Following these transactions, Mr. Distenfeld beneficially owns 16,012.6182 shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider trading activity. It doesn't indicate any positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign of confidence in the company's future.

Management Comments

• The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transaction is relatively small in the context of the overall market capitalization of the company, and is not unusual for an officer of the company.

Related Party Transactions

• The shares were purchased through an individual retirement account held by Mr. Distenfeld's wife, over which he has investment discretion.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the trading activity of company officers.

Key Dates

Keywords

AllianceBernstein Global High Income Fund, AWF, Gershon M. Distenfeld, insider trading, share acquisition, Form 4, beneficial ownership