Tapewire

Nasdaq · USD

HAFC

HANMI FINANCIAL CORP

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Tapewire entity
5020
SEC CIK
0001109242
Parsed reports
326

Last 12 months

Inside the activity.

0 purchase rows · 3 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202501
Dec 202500
Jan 202600
Feb 202600
Mar 202600
Apr 202601
May 202600
Jun 202601
Jul 202600
Aug 202600
Sep 202600
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
March 27, 2020 Filed Mar 31, 2020 19:00 UTC
Fuhr MatthewChief Credit Administration
Tax withholdingCommon Stock 1,078 $10.56 $11,383.68
Disclosure

SEC source: 0001209191-20-021782 · doc4.xml · nonDerivative · entry 1

Fuhr Matthew · CIK 0001707483 · Chief Credit Administration

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,244

Read SEC document
March 24, 2020 Filed Mar 24, 2020 21:51 UTC
SANTAROSA ROMOLOSEVP, Chief Financial Officer
PurchaseCommon Stock 1,000 $9.41 $9,410.00
Disclosure

SEC source: 0001209191-20-020987 · doc4.xml · nonDerivative · entry 2

SANTAROSA ROMOLO · CIK 0001392537 · SEVP, Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,110

Read SEC document
March 24, 2020 Filed Mar 24, 2020 21:49 UTC
Yang MichaelDirector
PurchaseCommon Stock 1,000 $9.21 $9,205.00
Disclosure

SEC source: 0001209191-20-020983 · doc4.xml · nonDerivative · entry 1

Yang Michael · CIK 0001666583 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,862

Read SEC document
March 23, 2020 Filed Mar 24, 2020 21:46 UTC
Chung HarryDirector
PurchaseCommon Stock 2,000 $8.35 $16,690.00
Disclosure

SEC source: 0001209191-20-020976 · doc4.xml · nonDerivative · entry 1

Chung Harry · CIK 0001479609 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,862

Read SEC document
March 23, 2020 Filed Mar 24, 2020 21:44 UTC
Ahn John JDirector
PurchaseCommon Stock 1,000 $8.50 $8,500.00
Disclosure

SEC source: 0001209191-20-020975 · doc4.xml · nonDerivative · entry 3

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,862

Read SEC document
March 23, 2020 Filed Mar 24, 2020 21:44 UTC
Ahn John JDirector
PurchaseCommon Stock 1,000 $8.63 $8,630.00
Disclosure

SEC source: 0001209191-20-020975 · doc4.xml · nonDerivative · entry 2

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,862

Read SEC document
March 20, 2020 Filed Mar 24, 2020 21:51 UTC
SANTAROSA ROMOLOSEVP, Chief Financial Officer
Tax withholdingCommon Stock 1,032 $9.18 $9,473.76
Disclosure

SEC source: 0001209191-20-020987 · doc4.xml · nonDerivative · entry 1

SANTAROSA ROMOLO · CIK 0001392537 · SEVP, Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,110

Read SEC document
March 20, 2020 Filed Mar 24, 2020 21:47 UTC PurchaseCommon Stock 1,260 $9.38 $11,818.17
Disclosure

SEC source: 0001209191-20-020980 · doc4.xml · nonDerivative · entry 2

Rosenblum David L · CIK 0001604959 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By IRA

Disclosed balance after: 1,260

Read SEC document
March 20, 2020 Filed Mar 24, 2020 21:44 UTC
Ahn John JDirector
PurchaseCommon Stock 5,000 $9.15 $45,750.00
Disclosure

SEC source: 0001209191-20-020975 · doc4.xml · nonDerivative · entry 1

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,862

Read SEC document
March 09, 2020 Filed Mar 9, 2020 19:40 UTC
SANTAROSA ROMOLOSEVP, Chief Financial Officer
PurchaseCommon Stock 1,000 $13.21 $13,212.80
Disclosure

SEC source: 0001209191-20-017205 · doc4.xml · nonDerivative · entry 1

SANTAROSA ROMOLO · CIK 0001392537 · SEVP, Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,142

Read SEC document
March 05, 2020 Filed Mar 5, 2020 17:06 UTC
SANTAROSA ROMOLOSEVP, Chief Financial Officer
PurchaseCommon Stock 1,000 $14.93 $14,928.00
Disclosure

SEC source: 0001209191-20-016477 · doc4.xml · nonDerivative · entry 1

SANTAROSA ROMOLO · CIK 0001392537 · SEVP, Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,142

Read SEC document
January 31, 2020 Filed Jan 31, 2020 23:07 UTC
Choi KihoDirector
GrantCommon Stock 2,500 $17.05 $42,625.00
Disclosure

SEC source: 0001209191-20-005845 · doc4.xml · nonDerivative · entry 2

Choi Kiho · CIK 0001700108 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By IRA

Disclosed balance after: 9,500

Read SEC document
January 31, 2020 Filed Jan 31, 2020 17:35 UTC
Ahn John JDirector
GrantCommon Stock 2,000 $16.98 $33,968.60
Disclosure

SEC source: 0001209191-20-005729 · doc4.xml · nonDerivative · entry 3

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By child II

Disclosed balance after: 4,000

Read SEC document
January 31, 2020 Filed Jan 31, 2020 17:35 UTC
Ahn John JDirector
GrantCommon Stock 2,000 $16.98 $33,968.60
Disclosure

SEC source: 0001209191-20-005729 · doc4.xml · nonDerivative · entry 2

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By child I

Disclosed balance after: 4,000

Read SEC document
January 31, 2020 Filed Jan 31, 2020 17:35 UTC
Ahn John JDirector
GrantCommon Stock 3,000 $16.98 $50,952.90
Disclosure

SEC source: 0001209191-20-005729 · doc4.xml · nonDerivative · entry 1

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,862

Read SEC document
January 31, 2020 Filed Mar 24, 2020 21:43 UTC Amendment
Ahn John JDirector
PurchaseCommon Stock 2,000 $16.98 $33,968.60
Disclosure

SEC source: 0001209191-20-020974 · doc4a.xml · nonDerivative · entry 3

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Child II

Disclosed balance after: 4,000

Read SEC document
January 31, 2020 Filed Mar 24, 2020 21:43 UTC Amendment
Ahn John JDirector
PurchaseCommon Stock 2,000 $16.98 $33,968.60
Disclosure

SEC source: 0001209191-20-020974 · doc4a.xml · nonDerivative · entry 2

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Child I

Disclosed balance after: 4,000

Read SEC document
January 31, 2020 Filed Mar 24, 2020 21:43 UTC Amendment
Ahn John JDirector
PurchaseCommon Stock 3,000 $16.98 $50,952.90
Disclosure

SEC source: 0001209191-20-020974 · doc4a.xml · nonDerivative · entry 1

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,862

Read SEC document
October 01, 2019 Filed Mar 10, 2020 21:32 UTC
Park Min SChief Credit Risk Officer
GrantCommon Stock 17 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-017782 · doc4.xml · nonDerivative · entry 8

Park Min S · CIK 0001639102 · Chief Credit Risk Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,531

F3 · balance_after: Includes shares of common stock issued under the 2013 Equity Compensation Plan, which vest over three years from the date of grant, March 29, 2018.

F5 · balance_after: Includes shares of common stock issued under the 2013 Equity Compensation Plan, which vest over three years from the date of grant, March 23, 2019.

Read SEC document
July 08, 2019 Filed Jul 10, 2019 22:37 UTC
SANTAROSA ROMOLOSEVP, Chief Financial Officer
GrantCommon Stock 17,914 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-041746 · doc4.xml · nonDerivative · entry 1

SANTAROSA ROMOLO · CIK 0001392537 · SEVP, Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,142

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan vesting in approximately three equal installments on July 1, 2020, July 1, 2021 and May 6, 2022.

F2 · balance_after: Reflects adjustment due to shares withheld by HAFC to satisfy taxes payable in connection with the vesting of previously awarded restricted stocks.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 18:05 UTC GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039446 · doc4.xml · nonDerivative · entry 1

Williams Thomas James · CIK 0001676652 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,862

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 17:52 UTC
Chung HarryDirector
GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039443 · doc4.xml · nonDerivative · entry 1

Chung Harry · CIK 0001479609 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,862

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 18:08 UTC
Yang MichaelDirector
GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039448 · doc4.xml · nonDerivative · entry 1

Yang Michael · CIK 0001666583 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,862

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 17:59 UTC GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039445 · doc4.xml · nonDerivative · entry 1

Rosenblum David L · CIK 0001604959 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,862

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 17:55 UTC
Diehl ScottDirector
GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039444 · doc4.xml · nonDerivative · entry 1

Diehl Scott · CIK 0001745572 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,088

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 17:48 UTC GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039442 · doc4.xml · nonDerivative · entry 1

Chu Christie K · CIK 0001636110 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,862

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 17:43 UTC
Choi KihoDirector
GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039441 · doc4.xml · nonDerivative · entry 1

Choi Kiho · CIK 0001700108 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,088

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
June 26, 2019 Filed Jun 28, 2019 17:39 UTC
Ahn John JDirector
GrantCommon Stock 2,339 $0.00 $0.00
Disclosure

SEC source: 0001209191-19-039440 · doc4.xml · nonDerivative · entry 1

Ahn John J · CIK 0001389959 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,862

F1 · shares: Restricted stock grant issued under the 2013 Equity Compensation Plan with vesting over one year from the grant date, June 26, 2019.

Read SEC document
May 23, 2019 Filed May 28, 2020 00:25 UTC
Fuhr MatthewChief Credit Administration
GrantCommon Stock 3,053 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-032467 · doc4.xml · nonDerivative · entry 1

Fuhr Matthew · CIK 0001707483 · Chief Credit Administration

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,996

F1 · shares: Common stock grant issued under the 2013 Equity Compensation Plan, vesting over two years from the grant date, May 23, 2019.

Read SEC document
May 23, 2019 Filed May 28, 2020 00:14 UTC
Park Min SChief Credit Risk Officer
GrantCommon Stock 1,868 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-032463 · doc4.xml · nonDerivative · entry 1

Park Min S · CIK 0001639102 · Chief Credit Risk Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,399

F1 · shares: Common stock grant issued under the 2013 Equity Compensation Plan, vesting over two years from the grant date, May 23, 2019.

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 200 $23.05 $4,610.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 22

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 263,739

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 200 $23.03 $4,605.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 21

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 263,939

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 800 $23.02 $18,412.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 20

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 264,139

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 400 $23.01 $9,204.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 19

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 264,939

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 100 $23.00 $2,300.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 18

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 265,339

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 900 $23.00 $20,695.50
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 17

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 265,439

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 400 $22.97 $9,188.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 16

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 266,339

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 100 $22.96 $2,296.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 15

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 266,739

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 611 $22.95 $14,022.45
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 14

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 266,839

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 500 $22.94 $11,470.00
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 13

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 267,450

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 300 $22.94 $6,880.50
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 12

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 267,950

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 1,048 $22.93 $24,030.64
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 11

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 268,250

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 970 $22.92 $22,232.40
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 10

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 269,298

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 1,300 $22.92 $29,789.50
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 9

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 270,268

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 2,420 $22.91 $55,442.20
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 8

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 271,568

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 500 $22.91 $11,452.50
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 7

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 273,988

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 1,366 $22.90 $31,281.40
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 6

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 274,488

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 300 $22.90 $6,868.50
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 5

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 275,854

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 1,971 $22.89 $45,116.19
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 4

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 276,154

Read SEC document
May 16, 2019 Filed May 18, 2019 01:16 UTC
RHO JOSEPH KDirector
SaleCommon Stock 1,361 $22.88 $31,139.68
Disclosure

SEC source: 0001209191-19-031199 · doc4.xml · nonDerivative · entry 3

RHO JOSEPH K · CIK 0001200304 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 278,125

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.