AllianceBernstein L.P. Reduces Stake in ArcBest Corp to 4.6%
On May 18, 2026, AllianceBernstein L.P. filed a Schedule 13G/A with the SEC, disclosing a 4.6% ownership stake in ArcBest Corp (ARCB). The investment adviser reported beneficial ownership of 1,031,140 shares of common stock as of the event date on March 31, 2026. This filing represents a decrease in ownership to below the 5% threshold, as indicated by the 'Item 5' checkbox confirming the reporting person now owns 5% or less of the class of securities. According to the filing, AllianceBernstein L.P. holds sole voting power over 897,812 shares and sole dispositive power over the full 1,031,140 shares. The shares were acquired in the ordinary course of business for client discretionary investment advisory accounts and not for the purpose of influencing or changing the control of the issuer. AllianceBernstein L.P. is a majority-owned subsidiary of Equitable Holdings, Inc. (EQH), but operates under independent management and reports its beneficial ownership separately from EQH.