Last 12 months
Inside the activity.
0 purchase rows · 1 sale rows
Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.Monthly counts
| Month | Purchases | Sales |
|---|---|---|
| Nov 2025 | 0 | 0 |
| Dec 2025 | 0 | 0 |
| Jan 2026 | 0 | 0 |
| Feb 2026 | 0 | 0 |
| Mar 2026 | 0 | 0 |
| Apr 2026 | 0 | 0 |
| May 2026 | 0 | 0 |
| Jun 2026 | 0 | 1 |
| Jul 2026 | 0 | 0 |
| Aug 2026 | 0 | 0 |
| Sep 2026 | 0 | 0 |
| Oct 2026 | 0 | 0 |
Latest available
Insider transactions
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 date | Owner / reported role | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| May 08, 2018 Filed May 10, 2018 21:28 UTC |
Mahaffy Denise DillardSenior Vice President
|
GrantCommon Class A | 36 | $68.62 | $2,470.32 |
DisclosureSEC source: 0000028917-18-000200 · edgar.xml · nonDerivative · entry 1 Dillard Deborah · CIK 0001592712 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 128,921 Read SEC document |
| May 08, 2018 Filed May 10, 2018 21:27 UTC |
DILLARD WILLIAM T IIDirector · CEO, Chairman of the Board
|
GrantCommon Class A | 270 | $68.62 | $18,527.40 |
DisclosureSEC source: 0000028917-18-000199 · edgar.xml · nonDerivative · entry 1 DILLARD WILLIAM T II · CIK 0001179684 · Director · CEO, Chairman of the Board 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,091,385 Read SEC document |
| May 08, 2018 Filed May 10, 2018 21:26 UTC |
DILLARD MIKEDirector · Executive Vice President
|
GrantCommon Class A | 195 | $68.62 | $13,380.90 |
DisclosureSEC source: 0000028917-18-000198 · edgar.xml · nonDerivative · entry 1 DILLARD MIKE · CIK 0001180008 · Director · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 579,397 Read SEC document |
| May 08, 2018 Filed May 10, 2018 21:25 UTC |
DILLARD ALEXDirector · President
|
GrantCommon Class A | 117 | $68.62 | $8,028.54 |
DisclosureSEC source: 0000028917-18-000197 · edgar.xml · nonDerivative · entry 1 DILLARD ALEX · CIK 0001180004 · Director · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,011,103 Read SEC document |
| May 08, 2018 Filed May 10, 2018 21:24 UTC |
MATHENY DRUEDirector · Executive Vice President
|
GrantCommon Class A | 65 | $68.62 | $4,460.30 |
DisclosureSEC source: 0000028917-18-000196 · edgar.xml · nonDerivative · entry 1 MATHENY DRUE · CIK 0001180017 · Director · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 440,659 Read SEC document |
| May 08, 2018 Filed May 10, 2018 21:24 UTC |
Johnson Chris B.Senior Vice President
|
GrantCommon Class A | 3 | $68.62 | $205.86 |
DisclosureSEC source: 0000028917-18-000195 · edgar.xml · nonDerivative · entry 1 Johnson Chris B. · CIK 0001626259 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,665 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:20 UTC |
Watts Phillip R.Senior Vice President
|
GrantCommon Class A | 25 | $78.41 | $1,960.25 |
DisclosureSEC source: 0000028917-18-000179 · edgar.xml · nonDerivative · entry 1 Watts Phillip R. · CIK 0001626240 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,869 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:21 UTC |
Johnson Chris B.Senior Vice President
|
GrantCommon Class A | 42 | $78.41 | $3,293.22 |
DisclosureSEC source: 0000028917-18-000180 · edgar.xml · nonDerivative · entry 1 Johnson Chris B. · CIK 0001626259 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,662 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:19 UTC |
Dillard William T. IIISenior Vice President
|
GrantCommon Class A | 67 | $78.41 | $5,253.47 |
DisclosureSEC source: 0000028917-18-000178 · edgar.xml · nonDerivative · entry 3 Dillard William T. III · CIK 0001592970 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 28,358 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:19 UTC |
Mahaffy Denise DillardSenior Vice President
|
GrantCommon Class A | 64 | $78.41 | $5,018.24 |
DisclosureSEC source: 0000028917-18-000177 · edgar.xml · nonDerivative · entry 1 Dillard Deborah · CIK 0001592712 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 128,885 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:17 UTC |
DILLARD MIKEDirector · Executive Vice President
|
GrantCommon Class A | 487 | $78.41 | $38,185.67 |
DisclosureSEC source: 0000028917-18-000175 · edgar.xml · nonDerivative · entry 1 DILLARD MIKE · CIK 0001180008 · Director · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 579,202 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:18 UTC |
McNiff Michael S.Vice President
|
GrantCommon Class A | 129 | $78.41 | $10,114.89 |
DisclosureSEC source: 0000028917-18-000176 · edgar.xml · nonDerivative · entry 1 McNiff Michael S. · CIK 0001592742 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 30,217 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:16 UTC |
DILLARD WILLIAM T IIDirector · CEO, Chairman of the Board
|
GrantCommon Class A | 1,252 | $78.41 | $98,169.32 |
DisclosureSEC source: 0000028917-18-000173 · edgar.xml · nonDerivative · entry 1 DILLARD WILLIAM T II · CIK 0001179684 · Director · CEO, Chairman of the Board 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,091,115 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:17 UTC |
DILLARD ALEXDirector · President
|
GrantCommon Class A | 1,252 | $78.41 | $98,169.32 |
DisclosureSEC source: 0000028917-18-000174 · edgar.xml · nonDerivative · entry 1 DILLARD ALEX · CIK 0001180004 · Director · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,010,986 Read SEC document |
| April 30, 2018 Filed May 2, 2018 21:16 UTC |
MATHENY DRUEDirector · Executive Vice President
|
GrantCommon Class A | 487 | $78.41 | $38,185.67 |
DisclosureSEC source: 0000028917-18-000172 · edgar.xml · nonDerivative · entry 1 MATHENY DRUE · CIK 0001180017 · Director · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 440,594 Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 21:43 UTC |
McNiff Michael S.Vice President
|
GrantCommon Class A | 26 | $79.59 | $2,069.34 |
DisclosureSEC source: 0000028917-18-000161 · edgar.xml · nonDerivative · entry 1 McNiff Michael S. · CIK 0001592742 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 30,088 Read SEC document |
| March 13, 2018 Filed Mar 15, 2018 21:33 UTC |
FREEMAN JAMES IDirector
|
SaleCommon Class A | 8,357 | $84.05 | $702,405.85 |
DisclosureSEC source: 0000028917-18-000112 · edgar.xml · nonDerivative · entry 1 FREEMAN JAMES I · CIK 0001180011 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 270,224 Read SEC document |
| February 16, 2018 Filed Feb 22, 2018 00:51 UTC |
Jazic AnnemarieVice President
|
GiftCommon Class A | 425 | $0.00 | $0.00 |
DisclosureSEC source: 0000028917-18-000106 · edgar.xml · nonDerivative · entry 1 Jazic Annemarie · CIK 0001707990 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 38,114 Read SEC document |
| February 16, 2018 Filed Feb 22, 2018 00:50 UTC |
Lucie Denise AlexandraVice President
|
GiftCommon Class A | 850 | $0.00 | $0.00 |
DisclosureSEC source: 0000028917-18-000105 · edgar.xml · nonDerivative · entry 3 Lucie Denise Alexandra · CIK 0001708000 · Vice President 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 3,603 F2 · balance_after: Grantor for shares held in child's Trust accounts. F2 · ownership.nature: Grantor for shares held in child's Trust accounts. Read SEC document |
| February 16, 2018 Filed Feb 22, 2018 00:50 UTC |
Lucie Denise AlexandraVice President
|
GiftCommon Class A | 425 | $0.00 | $0.00 |
DisclosureSEC source: 0000028917-18-000105 · edgar.xml · nonDerivative · entry 2 Lucie Denise Alexandra · CIK 0001708000 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 36,932 Read SEC document |
| February 16, 2018 Filed Feb 22, 2018 00:50 UTC |
Lucie Denise AlexandraVice President
|
GiftCommon Class A | 425 | $0.00 | $0.00 |
DisclosureSEC source: 0000028917-18-000105 · edgar.xml · nonDerivative · entry 1 Lucie Denise Alexandra · CIK 0001708000 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 37,357 Read SEC document |
| February 16, 2018 Filed Feb 22, 2018 00:49 UTC |
DILLARD ALEXDirector · President
|
GiftCommon Class A | 1,700 | $0.00 | $0.00 |
DisclosureSEC source: 0000028917-18-000104 · edgar.xml · nonDerivative · entry 1 DILLARD ALEX · CIK 0001180004 · Director · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,009,552 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:43 UTC |
STOCKMAN JAMES DVice President
|
GrantCommon Class A | 15 | $62.48 | $937.20 |
DisclosureSEC source: 0000028917-18-000100 · edgar.xml · nonDerivative · entry 1 STOCKMAN JAMES D · CIK 0001707480 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 31,144 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:41 UTC |
BOLTE TONY JVice President
|
GrantCommon Class A | 3 | $62.48 | $187.44 |
DisclosureSEC source: 0000028917-18-000098 · edgar.xml · nonDerivative · entry 1 BOLTE TONY J · CIK 0001707575 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,293 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:42 UTC |
Lucie Denise AlexandraVice President
|
GrantCommon Class A | 1 | $62.48 | $62.48 |
DisclosureSEC source: 0000028917-18-000099 · edgar.xml · nonDerivative · entry 1 Lucie Denise Alexandra · CIK 0001708000 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 36,932 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:40 UTC |
BOLIN TOM WVice President
|
GrantCommon Class A | 1 | $62.48 | $62.48 |
DisclosureSEC source: 0000028917-18-000097 · edgar.xml · nonDerivative · entry 1 BOLIN TOM W · CIK 0001675457 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,063 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:40 UTC |
LITCHFORD MIKEVice President
|
GrantCommon Class A | 3 | $62.48 | $187.44 |
DisclosureSEC source: 0000028917-18-000096 · edgar.xml · nonDerivative · entry 1 LITCHFORD MIKE · CIK 0001675476 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,527 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:39 UTC |
Worley Dean L.VP/General Counsel & Secretary
|
GrantCommon Class A | 3 | $62.48 | $187.44 |
DisclosureSEC source: 0000028917-18-000095 · edgar.xml · nonDerivative · entry 1 Worley Dean L. · CIK 0001626260 · VP/General Counsel & Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,038 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:37 UTC |
McNiff Michael S.Vice President
|
GrantCommon Class A | 10 | $62.48 | $624.80 |
DisclosureSEC source: 0000028917-18-000094 · edgar.xml · nonDerivative · entry 1 McNiff Michael S. · CIK 0001592742 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 30,062 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:36 UTC |
Dillard William T. IIISenior Vice President
|
GrantCommon Class A | 6 | $62.48 | $374.88 |
DisclosureSEC source: 0000028917-18-000093 · edgar.xml · nonDerivative · entry 1 Dillard William T. III · CIK 0001592970 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 29,471 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:35 UTC |
Mahaffy Denise DillardSenior Vice President
|
GrantCommon Class A | 39 | $62.48 | $2,436.72 |
DisclosureSEC source: 0000028917-18-000092 · edgar.xml · nonDerivative · entry 1 Dillard Deborah · CIK 0001592712 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 128,821 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:35 UTC |
DILLARD WILLIAM T IIDirector · CEO, Chairman of the Board
|
GrantCommon Class A | 296 | $62.48 | $18,494.08 |
DisclosureSEC source: 0000028917-18-000091 · edgar.xml · nonDerivative · entry 1 DILLARD WILLIAM T II · CIK 0001179684 · Director · CEO, Chairman of the Board 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,088,545 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:34 UTC |
DILLARD MIKEDirector · Executive Vice President
|
GrantCommon Class A | 212 | $62.48 | $13,245.76 |
DisclosureSEC source: 0000028917-18-000090 · edgar.xml · nonDerivative · entry 1 DILLARD MIKE · CIK 0001180008 · Director · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 578,538 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:33 UTC |
DILLARD ALEXDirector · President
|
GrantCommon Class A | 128 | $62.48 | $7,997.44 |
DisclosureSEC source: 0000028917-18-000089 · edgar.xml · nonDerivative · entry 1 DILLARD ALEX · CIK 0001180004 · Director · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,011,252 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:33 UTC |
MATHENY DRUEDirector · Executive Vice President
|
GrantCommon Class A | 71 | $62.48 | $4,436.08 |
DisclosureSEC source: 0000028917-18-000088 · edgar.xml · nonDerivative · entry 1 MATHENY DRUE · CIK 0001180017 · Director · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 440,057 Read SEC document |
| February 06, 2018 Filed Feb 8, 2018 21:32 UTC |
Johnson Chris B.Senior Vice President
|
GrantCommon Class A | 3 | $62.48 | $187.44 |
DisclosureSEC source: 0000028917-18-000087 · edgar.xml · nonDerivative · entry 1 Johnson Chris B. · CIK 0001626259 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,620 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:43 UTC |
Johnson Chris B.Senior Vice President
|
GrantCommon Class A | 374 | $65.09 | $24,343.66 |
DisclosureSEC source: 0000028917-18-000072 · edgar.xml · nonDerivative · entry 1 Johnson Chris B. · CIK 0001626259 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,617 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:42 UTC |
Lucie Denise AlexandraVice President
|
GrantCommon Class A | 205 | $65.09 | $13,343.45 |
DisclosureSEC source: 0000028917-18-000071 · edgar.xml · nonDerivative · entry 1 Lucie Denise Alexandra · CIK 0001708000 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 36,931 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:42 UTC |
Jazic AnnemarieVice President
|
GrantCommon Class A | 201 | $65.09 | $13,083.09 |
DisclosureSEC source: 0000028917-18-000070 · edgar.xml · nonDerivative · entry 1 Jazic Annemarie · CIK 0001707990 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 37,689 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:41 UTC |
MUSGRAVE BRANTCorporate VP Stores
|
GrantCommon Class A | 254 | $65.09 | $16,532.86 |
DisclosureSEC source: 0000028917-18-000069 · edgar.xml · nonDerivative · entry 1 MUSGRAVE BRANT · CIK 0001599725 · Corporate VP Stores 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,465 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:40 UTC |
Worley Dean L.VP/General Counsel & Secretary
|
GrantCommon Class A | 315 | $65.09 | $20,503.35 |
DisclosureSEC source: 0000028917-18-000068 · edgar.xml · nonDerivative · entry 1 Worley Dean L. · CIK 0001626260 · VP/General Counsel & Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,035 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:39 UTC |
Watts Phillip R.Senior Vice President
|
GrantCommon Class A | 374 | $65.09 | $24,343.66 |
DisclosureSEC source: 0000028917-18-000067 · edgar.xml · nonDerivative · entry 1 Watts Phillip R. · CIK 0001626240 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,844 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:39 UTC |
Dillard William T. IIISenior Vice President
|
GrantCommon Class A | 426 | $65.09 | $27,728.34 |
DisclosureSEC source: 0000028917-18-000066 · edgar.xml · nonDerivative · entry 1 Dillard William T. III · CIK 0001592970 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 29,465 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:38 UTC |
LITCHFORD MIKEVice President
|
GrantCommon Class A | 249 | $65.09 | $16,207.41 |
DisclosureSEC source: 0000028917-18-000065 · edgar.xml · nonDerivative · entry 1 LITCHFORD MIKE · CIK 0001675476 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,524 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:37 UTC |
BOLTE TONY JVice President
|
GrantCommon Class A | 324 | $65.09 | $21,089.16 |
DisclosureSEC source: 0000028917-18-000064 · edgar.xml · nonDerivative · entry 1 BOLTE TONY J · CIK 0001707575 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,290 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:37 UTC |
BOLIN TOM WVice President
|
GrantCommon Class A | 225 | $65.09 | $14,645.25 |
DisclosureSEC source: 0000028917-18-000063 · edgar.xml · nonDerivative · entry 1 BOLIN TOM W · CIK 0001675457 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,062 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:36 UTC |
STOCKMAN JAMES DVice President
|
GrantCommon Class A | 273 | $65.09 | $17,769.57 |
DisclosureSEC source: 0000028917-18-000062 · edgar.xml · nonDerivative · entry 1 STOCKMAN JAMES D · CIK 0001707480 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 31,129 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:35 UTC |
Mahaffy Denise DillardSenior Vice President
|
GrantCommon Class A | 432 | $65.09 | $28,118.88 |
DisclosureSEC source: 0000028917-18-000061 · edgar.xml · nonDerivative · entry 1 Dillard Deborah · CIK 0001592712 · Senior Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 128,782 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:34 UTC |
McNiff Michael S.Vice President
|
GrantCommon Class A | 298 | $65.09 | $19,396.82 |
DisclosureSEC source: 0000028917-18-000060 · edgar.xml · nonDerivative · entry 1 McNiff Michael S. · CIK 0001592742 · Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 30,052 Read SEC document |
| February 02, 2018 Filed Feb 6, 2018 21:33 UTC |
DILLARD MIKEDirector · Executive Vice President
|
GrantCommon Class A | 729 | $65.09 | $47,450.61 |
DisclosureSEC source: 0000028917-18-000059 · edgar.xml · nonDerivative · entry 1 DILLARD MIKE · CIK 0001180008 · Director · Executive Vice President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 578,326 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.