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ACEL

Accel Entertainment, Inc.

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Tapewire entity
4999
SEC CIK
0001698991
Parsed reports
512

Last 12 months

Inside the activity.

1 purchase rows · 41 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202500
Dec 202508
Jan 202602
Feb 202602
Mar 2026017
Apr 202601
May 202614
Jun 202603
Jul 202600
Aug 202601
Sep 202603
Oct 202600

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
April 13, 2024 Filed Apr 17, 2024 01:04 UTC
Rubenstein Andrew H.Director · CEO and President · 10% owner
Exercise / conversionRestricted Stock Units (RSU) · Derivative 7,488 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-016489 · wk-form4_1713315874.xml · derivative · entry 3

Rubenstein Andrew H. · CIK 0001794156 · Director · CEO and President · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,487

Underlying: Class A-1 Common Stock · 7,488 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2 · derivative.exercise_date: 1/4 of the RSUs will vest on July 13, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

F2 · derivative.expiration_date: 1/4 of the RSUs will vest on July 13, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

Read SEC document
April 13, 2024 Filed Apr 17, 2024 01:04 UTC
Rubenstein Andrew H.Director · CEO and President · 10% owner
Tax withholdingClass A-1 Common Stock 3,265 $11.01 $35,947.65
Disclosure

SEC source: 0001628280-24-016489 · wk-form4_1713315874.xml · nonDerivative · entry 2

Rubenstein Andrew H. · CIK 0001794156 · Director · CEO and President · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,248,576

Read SEC document
April 13, 2024 Filed Apr 17, 2024 01:04 UTC
Rubenstein Andrew H.Director · CEO and President · 10% owner
Exercise / conversionClass A-1 Common Stock 7,488 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-016489 · wk-form4_1713315874.xml · nonDerivative · entry 1

Rubenstein Andrew H. · CIK 0001794156 · Director · CEO and President · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,251,841

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
April 13, 2024 Filed Apr 17, 2024 01:04 UTC
Phelan Mark T.President, U.S. Gaming
Exercise / conversionRestricted Stock Units (RSU) · Derivative 1,018 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-016488 · wk-form4_1713315856.xml · derivative · entry 3

Phelan Mark T. · CIK 0001794567 · President, U.S. Gaming

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,019

Underlying: Class A-1 Common Stock · 1,018 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2 · derivative.exercise_date: 1/4 of the RSUs will vest on July 13, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

F2 · derivative.expiration_date: 1/4 of the RSUs will vest on July 13, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

Read SEC document
April 13, 2024 Filed Apr 17, 2024 01:04 UTC
Phelan Mark T.President, U.S. Gaming
Tax withholdingClass A-1 Common Stock 299 $11.01 $3,291.99
Disclosure

SEC source: 0001628280-24-016488 · wk-form4_1713315856.xml · nonDerivative · entry 2

Phelan Mark T. · CIK 0001794567 · President, U.S. Gaming

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 186,546

Read SEC document
April 13, 2024 Filed Apr 17, 2024 01:04 UTC
Phelan Mark T.President, U.S. Gaming
Exercise / conversionClass A-1 Common Stock 1,018 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-016488 · wk-form4_1713315856.xml · nonDerivative · entry 1

Phelan Mark T. · CIK 0001794567 · President, U.S. Gaming

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 186,845

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
April 09, 2024 Filed Apr 11, 2024 17:41 UTC SaleClass A-1 Common Stock 10,000 $11.67 $116,700.00
Disclosure

SEC source: 0001628280-24-015868 · wk-form4_1712871665.xml · nonDerivative · entry 1

Peterson Karl Mr. · CIK 0001425873 · Director

10b5-1 filing: Plan reported

Ownership: Indirect · See Explanation of Responses

Disclosed balance after: 2,468,938

F1 · kind: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023. The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.

F2 · ownership.nature: Held through personal vehicles.

Read SEC document
March 21, 2024 Filed Mar 22, 2024 17:49 UTC SaleClass A-1 Common Stock 16,707 $12.00 $200,490.68
Disclosure

SEC source: 0001628280-24-012762 · wk-form4_1711144163.xml · nonDerivative · entry 1

Peterson Karl Mr. · CIK 0001425873 · Director

10b5-1 filing: Plan reported

Ownership: Indirect · See Explanation of Responses

Disclosed balance after: 2,478,938

F1 · kind: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023. The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F3 · ownership.nature: Held through personal vehicles.

Read SEC document
March 19, 2024 Filed Mar 19, 2024 21:12 UTC SaleClass A-1 Common Stock 10,000 $11.47 $114,700.00
Disclosure

SEC source: 0001628280-24-012010 · wk-form4_1710897131.xml · nonDerivative · entry 1

Peterson Karl Mr. · CIK 0001425873 · Director

10b5-1 filing: Plan reported

Ownership: Indirect · See Explanation of Responses

Disclosed balance after: 2,495,645

F1 · kind: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023. The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.

F2 · ownership.nature: Held through personal vehicles.

Read SEC document
March 16, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Exercise / conversionRestricted Stock Units (RSU) · Derivative 737 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · derivative · entry 10

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,947

Underlying: Class A-1 Common Stock · 737 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F4 · derivative.exercise_date: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

F4 · derivative.expiration_date: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

Read SEC document
March 16, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Tax withholdingClass A-1 Common Stock 216 $11.34 $2,449.44
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · nonDerivative · entry 6

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,044

Read SEC document
March 16, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Exercise / conversionClass A-1 Common Stock 737 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · nonDerivative · entry 5

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,260

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
March 16, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Exercise / conversionRestricted Stock Units (RSU) · Derivative 2,021 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · derivative · entry 10

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 8,084

Underlying: Class A-1 Common Stock · 2,021 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F5 · derivative.exercise_date: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F5 · derivative.expiration_date: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 16, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Tax withholdingClass A-1 Common Stock 593 $11.34 $6,724.62
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · nonDerivative · entry 7

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 188,981

Read SEC document
March 16, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Exercise / conversionClass A-1 Common Stock 2,021 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · nonDerivative · entry 6

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 189,574

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
March 16, 2024 Filed Mar 19, 2024 00:51 UTC
Rubenstein Andrew H.Director · CEO and President · 10% owner
Exercise / conversionRestricted Stock Units (RSU) · Derivative 5,614 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011777 · wk-form4_1710809494.xml · derivative · entry 10

Rubenstein Andrew H. · CIK 0001794156 · Director · CEO and President · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,455

Underlying: Class A-1 Common Stock · 5,614 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F4 · derivative.exercise_date: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F4 · derivative.expiration_date: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 16, 2024 Filed Mar 19, 2024 00:51 UTC
Rubenstein Andrew H.Director · CEO and President · 10% owner
Tax withholdingClass A-1 Common Stock 2,448 $11.34 $27,760.32
Disclosure

SEC source: 0001628280-24-011777 · wk-form4_1710809494.xml · nonDerivative · entry 6

Rubenstein Andrew H. · CIK 0001794156 · Director · CEO and President · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,244,353

Read SEC document
March 16, 2024 Filed Mar 19, 2024 00:51 UTC
Rubenstein Andrew H.Director · CEO and President · 10% owner
Exercise / conversionClass A-1 Common Stock 5,614 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011777 · wk-form4_1710809494.xml · nonDerivative · entry 5

Rubenstein Andrew H. · CIK 0001794156 · Director · CEO and President · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,246,801

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
March 15, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
GrantRestricted Stock Unit (RSU) · Derivative 16,754 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · derivative · entry 9

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,754

Underlying: Class A-1 Common Stock · 16,754 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F3 · derivative.expiration_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
GrantRestricted Stock Unit (RSU) · Derivative 23,184 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · derivative · entry 11

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 23,184

Underlying: Class A-1 Common Stock · 23,184 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F4 · derivative.exercise_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F4 · derivative.expiration_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
SaleClass A-1 Common Stock 10,000 $11.21 $112,100.00
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · nonDerivative · entry 5

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 187,553

F1 · kind: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023. The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 00:52 UTC
Phelan Mark T.President, U.S. Gaming
GrantRestricted Stock Unit (RSU) · Derivative 28,938 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011778 · wk-form4_1710809511.xml · derivative · entry 7

Phelan Mark T. · CIK 0001794567 · President, U.S. Gaming

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,938

Underlying: Class A-1 Common Stock · 28,938 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F3 · derivative.expiration_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 00:51 UTC
Rubenstein Andrew H.Director · CEO and President · 10% owner
GrantRestricted Stock Unit (RSU) · Derivative 80,505 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011777 · wk-form4_1710809494.xml · derivative · entry 9

Rubenstein Andrew H. · CIK 0001794156 · Director · CEO and President · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 80,505

Underlying: Class A-1 Common Stock · 80,505 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F3 · derivative.expiration_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 21:13 UTC GrantRestricted Stock Unit (RSU) · Derivative 7,011 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012013 · wk-form4_1710897180.xml · derivative · entry 2

Robinson Dee M · CIK 0001816306 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,011

Underlying: Class A-1 Common Stock · 7,011 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F3 · derivative.expiration_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 21:13 UTC GrantRestricted Stock Unit (RSU) · Derivative 12,184 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012013 · wk-form4_1710897180.xml · derivative · entry 1

Robinson Dee M · CIK 0001816306 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,184

Underlying: Class A-1 Common Stock · 12,184 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2 · derivative.exercise_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F2 · derivative.expiration_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 21:12 UTC
Godsoe EdenDirector
GrantRestricted Stock Unit (RSU) · Derivative 9,429 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012012 · wk-form4_1710897164.xml · derivative · entry 2

Godsoe Eden · CIK 0001797181 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,429

Underlying: Class A-1 Common Stock · 9,429 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F3 · derivative.expiration_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 21:12 UTC
Godsoe EdenDirector
GrantRestricted Stock Unit (RSU) · Derivative 12,184 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012012 · wk-form4_1710897164.xml · derivative · entry 1

Godsoe Eden · CIK 0001797181 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,184

Underlying: Class A-1 Common Stock · 12,184 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2 · derivative.exercise_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F2 · derivative.expiration_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 21:12 UTC GrantRestricted Stock Unit (RSU) · Derivative 26,979 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012010 · wk-form4_1710897131.xml · derivative · entry 2

Peterson Karl Mr. · CIK 0001425873 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 26,979

Underlying: Class A-1 Common Stock · 26,979 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F4 · derivative.exercise_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F4 · derivative.expiration_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 19, 2024 21:11 UTC GrantRestricted Stock Unit (RSU) · Derivative 9,187 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012006 · wk-form4_1710897091.xml · derivative · entry 2

Philips Kathleen · CIK 0001524268 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,187

Underlying: Class A-1 Common Stock · 9,187 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F3 · derivative.expiration_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

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March 15, 2024 Filed Mar 19, 2024 21:11 UTC GrantRestricted Stock Unit (RSU) · Derivative 12,184 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012006 · wk-form4_1710897091.xml · derivative · entry 1

Philips Kathleen · CIK 0001524268 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,184

Underlying: Class A-1 Common Stock · 12,184 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2 · derivative.exercise_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F2 · derivative.expiration_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

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March 15, 2024 Filed Mar 20, 2024 01:12 UTC GrantRestricted Stock Unit (RSU) · Derivative 6,286 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012011 · wk-form4_1710897152.xml · derivative · entry 2

Rotman Kenneth · CIK 0001794662 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,286

Underlying: Class A-1 Common Stock · 6,286 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F3 · derivative.expiration_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

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March 15, 2024 Filed Mar 20, 2024 01:12 UTC GrantRestricted Stock Unit (RSU) · Derivative 12,184 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012011 · wk-form4_1710897152.xml · derivative · entry 1

Rotman Kenneth · CIK 0001794662 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,184

Underlying: Class A-1 Common Stock · 12,184 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2 · derivative.exercise_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F2 · derivative.expiration_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 20, 2024 01:12 UTC GrantRestricted Stock Unit (RSU) · Derivative 9,429 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012008 · wk-form4_1710897119.xml · derivative · entry 4

Ruttenberg David W. · CIK 0001794305 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 9,429

Underlying: Class A-1 Common Stock · 9,429 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F6 · derivative.exercise_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F6 · derivative.expiration_date: Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 20, 2024 01:12 UTC GrantRestricted Stock Unit (RSU) · Derivative 12,184 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012008 · wk-form4_1710897119.xml · derivative · entry 3

Ruttenberg David W. · CIK 0001794305 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 12,184

Underlying: Class A-1 Common Stock · 12,184 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F5 · derivative.exercise_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F5 · derivative.expiration_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 20, 2024 01:12 UTC SaleClass A-1 Common Stock 12,500 $11.34 $141,801.25
Disclosure

SEC source: 0001628280-24-012008 · wk-form4_1710897119.xml · nonDerivative · entry 2

Ruttenberg David W. · CIK 0001794305 · Director

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 594,027

F1 · kind: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023 (and to which each of Crilly Court Trust and Grant Place Fund LLC is a party). The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.

F3 · ownership.nature: Securities are held by Grant Place Fund LLC, of which the Reporting Person is the Manager. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

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March 15, 2024 Filed Mar 20, 2024 01:12 UTC SaleClass A-1 Common Stock 12,500 $11.34 $141,787.50
Disclosure

SEC source: 0001628280-24-012008 · wk-form4_1710897119.xml · nonDerivative · entry 1

Ruttenberg David W. · CIK 0001794305 · Director

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnote

Disclosed balance after: 454,045

F1 · kind: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023 (and to which each of Crilly Court Trust and Grant Place Fund LLC is a party). The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.

F2 · ownership.nature: Securities are held by the Crilly Court Trust, of which the Reporting Person is a beneficiary. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

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March 15, 2024 Filed Mar 20, 2024 01:11 UTC GrantRestricted Stock Unit (RSU) · Derivative 26,109 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012007 · wk-form4_1710897104.xml · derivative · entry 5

Rubenstein Gordon · CIK 0001794004 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,109

Underlying: Class A-1 Common Stock · 26,109 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

F3 · derivative.expiration_date: 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Read SEC document
March 15, 2024 Filed Mar 20, 2024 01:11 UTC GiftClass A-1 Common Stock 850 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012007 · wk-form4_1710897104.xml · nonDerivative · entry 2

Rubenstein Gordon · CIK 0001794004 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By son (R. Rubenstein)

Disclosed balance after: 2,350

Read SEC document
March 15, 2024 Filed Mar 20, 2024 01:11 UTC GiftClass A-1 Common Stock 850 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-012007 · wk-form4_1710897104.xml · nonDerivative · entry 1

Rubenstein Gordon · CIK 0001794004 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,200

F1 · balance_after: The Reporting Person previously reported direct ownership of 44,350 shares of the Issuer's Class A-1 common stock when in fact the Reporting Person owned 39,050 shares directly and 5,300 shares indirectly. The indirectly owned shares are now reported separately.

Read SEC document
March 14, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Exercise / conversionRestricted Stock Unit (RSU) · Derivative 6,591 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · derivative · entry 8

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,183

Underlying: Class A-1 Common Stock · 6,591 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F3 · derivative.expiration_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 14, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Exercise / conversionRestricted Stock Units (RSU) · Derivative 796 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · derivative · entry 7

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,369

Underlying: Class A-1 Common Stock · 796 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F2 · derivative.exercise_date: 1/4 of the RSUs will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

F2 · derivative.expiration_date: 1/4 of the RSUs will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

Read SEC document
March 14, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Tax withholdingClass A-1 Common Stock 1,932 $11.28 $21,792.96
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · nonDerivative · entry 4

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 42,523

Read SEC document
March 14, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Exercise / conversionClass A-1 Common Stock 6,591 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · nonDerivative · entry 3

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,455

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
March 14, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Tax withholdingClass A-1 Common Stock 234 $11.28 $2,639.52
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · nonDerivative · entry 2

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,864

Read SEC document
March 14, 2024 Filed Mar 18, 2024 20:52 UTC
Ellis Mathew ScotChief Financial Officer
Exercise / conversionClass A-1 Common Stock 796 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011780 · wk-form4_1710809538.xml · nonDerivative · entry 1

Ellis Mathew Scot · CIK 0001929049 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,098

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
March 14, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Exercise / conversionRestricted Stock Unit (RSU) · Derivative 6,803 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · derivative · entry 9

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 13,607

Underlying: Class A-1 Common Stock · 6,803 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F4 · derivative.exercise_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F4 · derivative.expiration_date: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Read SEC document
March 14, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Exercise / conversionRestricted Stock Unit (RSU) · Derivative 1,847 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · derivative · entry 8

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 14,771

Underlying: Class A-1 Common Stock · 1,847 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.

F3 · derivative.exercise_date: 1/4 of the RSUs will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

F3 · derivative.expiration_date: 1/4 of the RSUs will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

Read SEC document
March 14, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Tax withholdingClass A-1 Common Stock 1,994 $11.28 $22,492.32
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · nonDerivative · entry 4

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 197,553

Read SEC document
March 14, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Exercise / conversionClass A-1 Common Stock 6,803 $0.00 $0.00
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · nonDerivative · entry 3

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 199,547

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
March 14, 2024 Filed Mar 19, 2024 00:52 UTC
Harmer DerekSecretary
Tax withholdingClass A-1 Common Stock 542 $11.28 $6,113.76
Disclosure

SEC source: 0001628280-24-011779 · wk-form4_1710809526.xml · nonDerivative · entry 2

Harmer Derek · CIK 0001794002 · Secretary

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 192,744

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.