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UHAL

U-Haul Holding Co /NV/

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3409
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0000004457
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115

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Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private 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
November 16, 2022 Filed Nov 19, 2022 00:04 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 47,087 $52.75 $2,483,745.08
Disclosure

SEC source: 0001104659-22-120423 · tm2230947d3_4seq1.xml · nonDerivative · entry 1

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 47,087

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with the reporting person and Edward J. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by the reporting person and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC ("Clarendon") and Blackwater Investments, Inc. ("Blackwater") are wholly-owned subsidiaries of Willow Grove. The Reporting Person disclaims beneficial ownership of shares held directly and indirectly by Willow Grove, Clarendon and Blackwater except to the extent of his pecuniary interest therein.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC
SHOEN EDWARD JDirector · President · 10% owner
PurchaseCommon Stock 1,079 $55.04 $59,382.77
Disclosure

SEC source: 0001104659-22-120422 · tm2230947d2_4seq1.xml · nonDerivative · entry 4

SHOEN EDWARD J · CIK 0000925122 · Director · President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 324,000

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with the reporting person and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC ("Clarendon") and Blackwater Investments, Inc. ("Blackwater") are wholly-owned subsidiaries of Willow Grove. The Reporting Person disclaims beneficial ownership of shares held directly and indirectly by Willow Grove, Clarendon and Blackwater except to the extent of his pecuniary interest therein.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC
SHOEN EDWARD JDirector · President · 10% owner
PurchaseCommon Stock 101,483 $54.49 $5,530,113.12
Disclosure

SEC source: 0001104659-22-120422 · tm2230947d2_4seq1.xml · nonDerivative · entry 3

SHOEN EDWARD J · CIK 0000925122 · Director · President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 322,921

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with the reporting person and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC ("Clarendon") and Blackwater Investments, Inc. ("Blackwater") are wholly-owned subsidiaries of Willow Grove. The Reporting Person disclaims beneficial ownership of shares held directly and indirectly by Willow Grove, Clarendon and Blackwater except to the extent of his pecuniary interest therein.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC
SHOEN EDWARD JDirector · President · 10% owner
PurchaseCommon Stock 174,351 $53.43 $9,316,271.33
Disclosure

SEC source: 0001104659-22-120422 · tm2230947d2_4seq1.xml · nonDerivative · entry 2

SHOEN EDWARD J · CIK 0000925122 · Director · President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 221,438

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with the reporting person and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC ("Clarendon") and Blackwater Investments, Inc. ("Blackwater") are wholly-owned subsidiaries of Willow Grove. The Reporting Person disclaims beneficial ownership of shares held directly and indirectly by Willow Grove, Clarendon and Blackwater except to the extent of his pecuniary interest therein.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC
SHOEN EDWARD JDirector · President · 10% owner
PurchaseCommon Stock 47,087 $52.75 $2,483,745.08
Disclosure

SEC source: 0001104659-22-120422 · tm2230947d2_4seq1.xml · nonDerivative · entry 1

SHOEN EDWARD J · CIK 0000925122 · Director · President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 47,087

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with the reporting person and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC ("Clarendon") and Blackwater Investments, Inc. ("Blackwater") are wholly-owned subsidiaries of Willow Grove. The Reporting Person disclaims beneficial ownership of shares held directly and indirectly by Willow Grove, Clarendon and Blackwater except to the extent of his pecuniary interest therein.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC PurchaseCommon Stock 1,079 $55.04 $59,382.77
Disclosure

SEC source: 0001104659-22-120421 · tm2230947d1_4seq1.xml · nonDerivative · entry 4

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Clarendon Strategies, LLC · CIK 0001954801 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 324,000

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with Edward J. Shoen and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC and Blackwater Investments, Inc. are wholly-owned subsidiaries of Willow Grove.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC PurchaseCommon Stock 101,483 $54.49 $5,530,113.12
Disclosure

SEC source: 0001104659-22-120421 · tm2230947d1_4seq1.xml · nonDerivative · entry 3

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Clarendon Strategies, LLC · CIK 0001954801 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 322,921

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with Edward J. Shoen and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC and Blackwater Investments, Inc. are wholly-owned subsidiaries of Willow Grove.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC PurchaseCommon Stock 174,351 $53.43 $9,316,271.33
Disclosure

SEC source: 0001104659-22-120421 · tm2230947d1_4seq1.xml · nonDerivative · entry 2

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Clarendon Strategies, LLC · CIK 0001954801 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 221,438

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with Edward J. Shoen and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC and Blackwater Investments, Inc. are wholly-owned subsidiaries of Willow Grove.

Read SEC document
November 16, 2022 Filed Nov 19, 2022 00:02 UTC PurchaseCommon Stock 47,087 $52.75 $2,483,745.08
Disclosure

SEC source: 0001104659-22-120421 · tm2230947d1_4seq1.xml · nonDerivative · entry 1

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Clarendon Strategies, LLC · CIK 0001954801 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Clarendon Strategies, LLC

Disclosed balance after: 47,087

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, 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 in footnote (1).

F2 · ownership.direct: Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with Edward J. Shoen and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC and Blackwater Investments, Inc. are wholly-owned subsidiaries of Willow Grove.

Read SEC document
June 10, 2022 Filed Jun 10, 2022 19:15 UTC
Schmidt Karl A.Director · Committee Member
PurchaseCommon Stock 200 $471.50 $94,300.00
Disclosure

SEC source: 0001225208-22-007922 · doc4.xml · nonDerivative · entry 1

Schmidt Karl A. · CIK 0001687535 · Director · Committee Member

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,500

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:21 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042487 · form4.xml · nonDerivative · entry 3

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,433,207

F2 · kind: In connection with an estate planning transaction, the EJS-028 Trust settled a promissory note held by Blackwater Investments, Inc., a subsidiary of Willow Grove, using Common Stock.

F3 · ownership.nature: Willow Grove is owned by Foster Road LLC and various trusts associated with the reporting person and Mark Shoen. Foster Road is the general partner of Willow Grove and is (a) managed by the reporting person and Mark Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Mark Shoen. The reporting person disclaims beneficial ownership of Common Stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:21 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042487 · form4.xml · nonDerivative · entry 2

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · EJS-028 Trust

Disclosed balance after: 25,106

F2 · kind: In connection with an estate planning transaction, the EJS-028 Trust settled a promissory note held by Blackwater Investments, Inc., a subsidiary of Willow Grove, using Common Stock.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:21 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042487 · form4.xml · nonDerivative · entry 1

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · EJS-028 Trust

Disclosed balance after: 33,654

F1 · kind: In connection with an estate planning transaction, the EJS-028 Trust received shares of Common Stock in settlement of a promissory note due from Mark Shoen.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:19 UTC
SHOEN MARK V10% owner
OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042485 · form4.xml · nonDerivative · entry 6

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,433,207

F2 · kind: In connection with an estate planning transaction, the EJS-028 Trust settled a promissory note held by Blackwater Investments, Inc., a subsidiary of Willow Grove.

F4 · ownership.nature: Willow Grove is owned by Foster Road LLC and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and is (a) managed by the reporting person and Edward Shoen and (b) owned by a trust associated with the reporting person a trust associated with Edward Shoen. The reporting person disclaims beneficial ownership of Common Stock held directly and indirectly by Willow Grove except to thrae extent of his pecuniary interest therein.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:19 UTC
SHOEN MARK V10% owner
OtherCommon Stock 14,750 $720.75 $10,631,062.50
Disclosure

SEC source: 0001140361-21-042485 · form4.xml · nonDerivative · entry 5

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · EJS-028 Trust

Disclosed balance after: 25,106

F3 · kind: Transfer of shares for value to family trust of which the Reporting Person is a trustee. The reporting person disclaims beneficial ownership of common stock held by the EJS-208 Trust except to the extent of his pecuniary interest therein.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:19 UTC
SHOEN MARK V10% owner
OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042485 · form4.xml · nonDerivative · entry 4

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · EJS-028 Trust

Disclosed balance after: 10,356

F2 · kind: In connection with an estate planning transaction, the EJS-028 Trust settled a promissory note held by Blackwater Investments, Inc., a subsidiary of Willow Grove.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:19 UTC
SHOEN MARK V10% owner
OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042485 · form4.xml · nonDerivative · entry 3

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · EJS-028 Trust

Disclosed balance after: 18,904

F1 · kind: In connection with an estate planning transaction, the reporting person settled a promissory note held by the EJS-028 Trust using Common Stock.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:19 UTC
SHOEN MARK V10% owner
OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042485 · form4.xml · nonDerivative · entry 2

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,752

F1 · kind: In connection with an estate planning transaction, the reporting person settled a promissory note held by the EJS-028 Trust using Common Stock.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 23:17 UTC OtherCommon Stock 8,548 $720.75 $6,160,971.00
Disclosure

SEC source: 0001140361-21-042483 · form4.xml · nonDerivative · entry 1

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 840,323

F1 · kind: In connection with an estate planning transaction, Blackwater Investments received shares of Common Stock in settlement of a promissory note due from the EJS-028 Trust.

Read SEC document
December 16, 2021 Filed Dec 20, 2021 22:35 UTC
SHOEN EDWARD JDirector · Chairman, President · 10% owner
PurchaseCommon Stock 14,750 $720.75 $10,631,062.50
Disclosure

SEC source: 0001225208-21-015163 · doc4.xml · nonDerivative · entry 2

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman, President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · EJS-028 Trust

Disclosed balance after: 25,106

Read SEC document
December 16, 2021 Filed Dec 20, 2021 22:35 UTC
SHOEN EDWARD JDirector · Chairman, President · 10% owner
SaleCommon Stock 14,750 $720.75 $10,631,062.50
Disclosure

SEC source: 0001225208-21-015163 · doc4.xml · nonDerivative · entry 1

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman, President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32

Read SEC document
December 10, 2021 Filed Dec 13, 2021 17:08 UTC SaleCommon Stock 250 $706.20 $176,548.85
Disclosure

SEC source: 0001225208-21-014826 · doc4.xml · nonDerivative · entry 1

Brogan John P. · CIK 0001447697 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,550

Read SEC document
November 09, 2021 Filed Dec 20, 2021 23:19 UTC
SHOEN MARK V10% owner
GiftCommon Stock 316 $0.00 $0.00
Disclosure

SEC source: 0001140361-21-042485 · form4.xml · nonDerivative · entry 1

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,300

Read SEC document
November 09, 2021 Filed Jun 26, 2024 18:29 UTC PurchaseCommon Stock 5 $752.19 $3,760.95
Disclosure

SEC source: 0001225208-24-007003 · doc4.xml · nonDerivative · entry 2

Herrera Richard Jay · CIK 0001396382 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse

Disclosed balance after: 5

Read SEC document
November 02, 2021 Filed Jun 26, 2024 18:29 UTC PurchaseCommon Stock 5 $744.95 $3,724.75
Disclosure

SEC source: 0001225208-24-007003 · doc4.xml · nonDerivative · entry 1

Herrera Richard Jay · CIK 0001396382 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5

Read SEC document
June 16, 2021 Filed Jun 29, 2021 19:06 UTC
Martz CarrieAdvisory Board Member
PurchaseCommon Stock 5 $536.86 $2,684.32
Disclosure

SEC source: 0001225208-21-009694 · doc4.xml · nonDerivative · entry 1

Martz Carrie · CIK 0001870091 · Advisory Board Member

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC PurchaseCommon Stock 683 $538.82 $368,014.06
Disclosure

SEC source: 0001140361-21-021228 · form4.xml · nonDerivative · entry 4

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 831,775

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $538.40 to $539.00, inclusive.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC PurchaseCommon Stock 1,028 $538.00 $553,064.00
Disclosure

SEC source: 0001140361-21-021228 · form4.xml · nonDerivative · entry 3

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 831,092

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $537.25 to $538.05, inclusive. The reporting person undertakes to provide to Amerco, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (2) of this Form 4.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC PurchaseCommon Stock 99 $539.69 $53,429.31
Disclosure

SEC source: 0001140361-21-021228 · form4.xml · nonDerivative · entry 2

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 830,064

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC PurchaseCommon Stock 80,000 $552.06 $44,164,800.00
Disclosure

SEC source: 0001140361-21-021228 · form4.xml · nonDerivative · entry 1

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 829,965

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
PurchaseCommon Stock 683 $538.82 $368,014.06
Disclosure

SEC source: 0001140361-21-021227 · form4.xml · nonDerivative · entry 4

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,424,659

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $538.40 to $539.00, inclusive.

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Mark V. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Mark V. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Mark V. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
PurchaseCommon Stock 1,028 $538.00 $553,064.00
Disclosure

SEC source: 0001140361-21-021227 · form4.xml · nonDerivative · entry 3

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,423,976

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $537.25 to $538.05, inclusive. The reporting person undertakes to provide to Amerco, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) and (3) of this Form 4.

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Mark V. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Mark V. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Mark V. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
PurchaseCommon Stock 99 $539.69 $53,429.31
Disclosure

SEC source: 0001140361-21-021227 · form4.xml · nonDerivative · entry 2

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,422,948

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Mark V. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Mark V. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Mark V. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:41 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
PurchaseCommon Stock 80,000 $552.06 $44,164,800.00
Disclosure

SEC source: 0001140361-21-021227 · form4.xml · nonDerivative · entry 1

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,422,849

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Mark V. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Mark V. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Mark V. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:40 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 683 $538.82 $368,014.06
Disclosure

SEC source: 0001140361-21-021224 · form4.xml · nonDerivative · entry 5

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,424,659

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $538.40 to $539.00, inclusive.

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Edward J. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Edward J. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:40 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 1,028 $538.00 $553,064.00
Disclosure

SEC source: 0001140361-21-021224 · form4.xml · nonDerivative · entry 4

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,423,976

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $537.25 to $538.05, inclusive. The reporting person undertakes to provide to Amerco, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) and (3) of this Form 4.

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Edward J. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Edward J. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:40 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 99 $539.69 $53,429.31
Disclosure

SEC source: 0001140361-21-021224 · form4.xml · nonDerivative · entry 3

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,422,948

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Edward J. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Edward J. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 15, 2021 Filed Jun 16, 2021 20:40 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 80,000 $552.06 $44,164,800.00
Disclosure

SEC source: 0001140361-21-021224 · form4.xml · nonDerivative · entry 2

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,422,849

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Edward J. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Edward J. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
June 11, 2021 Filed Jun 11, 2021 18:36 UTC
De Respino Laurence JGeneral Counsel
SaleCommon Stock 75 $558.73 $41,904.75
Disclosure

SEC source: 0001225208-21-009276 · doc4.xml · nonDerivative · entry 1

De Respino Laurence J · CIK 0001341531 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Read SEC document
June 11, 2021 Filed Jun 16, 2021 20:40 UTC
SHOEN MARK V10% owner
GiftCommon Stock 1,800 $0.00 $0.00
Disclosure

SEC source: 0001140361-21-021224 · form4.xml · nonDerivative · entry 1

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,616

Read SEC document
March 19, 2021 Filed Mar 19, 2021 19:52 UTC
De Respino Laurence JGeneral Counsel
SaleCommon Stock 100 $603.00 $60,300.00
Disclosure

SEC source: 0001225208-21-005683 · doc4.xml · nonDerivative · entry 1

De Respino Laurence J · CIK 0001341531 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75

Read SEC document
December 18, 2020 Filed Dec 22, 2020 21:54 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 45 $449.22 $20,214.90
Disclosure

SEC source: 0001140361-20-029220 · form4.xml · nonDerivative · entry 1

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,342,849

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Edward J. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Edward J. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
December 18, 2020 Filed Dec 22, 2020 21:52 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
PurchaseCommon Stock 45 $449.22 $20,214.90
Disclosure

SEC source: 0001140361-20-029217 · form4.xml · nonDerivative · entry 1

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,342,849

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Mark V. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Mark V. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Mark V. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
December 18, 2020 Filed Dec 22, 2020 21:51 UTC PurchaseCommon Stock 45 $449.22 $20,214.90
Disclosure

SEC source: 0001140361-20-029212 · form4.xml · nonDerivative · entry 1

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 749,965

Read SEC document
December 15, 2020 Filed Dec 16, 2020 23:24 UTC PurchaseCommon Stock 1,090 $430.05 $468,754.50
Disclosure

SEC source: 0001140361-20-028641 · form4.xml · nonDerivative · entry 2

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 749,920

Read SEC document
December 15, 2020 Filed Dec 16, 2020 23:23 UTC
SHOEN MARK V10% owner
GiftCommon Stock 5,000 $0.00 $0.00
Disclosure

SEC source: 0001140361-20-028640 · form4.xml · nonDerivative · entry 3

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,416

Read SEC document
December 15, 2020 Filed Dec 16, 2020 23:23 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 1,090 $430.05 $468,754.50
Disclosure

SEC source: 0001140361-20-028640 · form4.xml · nonDerivative · entry 2

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,342,804

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Edward J. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Edward J. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
December 15, 2020 Filed Dec 16, 2020 23:23 UTC
SHOEN EDWARD JDirector · Chairman/President · 10% owner
PurchaseCommon Stock 1,090 $430.05 $468,754.50
Disclosure

SEC source: 0001140361-20-028639 · form4.xml · nonDerivative · entry 2

SHOEN EDWARD J · CIK 0000925122 · Director · Chairman/President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,342,804

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Mark V. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Mark V. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Mark V. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

Read SEC document
December 14, 2020 Filed Dec 16, 2020 23:24 UTC PurchaseCommon Stock 3,910 $428.13 $1,673,988.30
Disclosure

SEC source: 0001140361-20-028641 · form4.xml · nonDerivative · entry 1

Willow Grove Holdings LP · CIK 0001662239 · 10% owner

Foster Road LLC · CIK 0001662241 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Blackwater Investments, Inc.

Disclosed balance after: 748,830

Read SEC document
December 14, 2020 Filed Dec 16, 2020 23:23 UTC
SHOEN MARK V10% owner
PurchaseCommon Stock 3,910 $428.13 $1,673,988.30
Disclosure

SEC source: 0001140361-20-028640 · form4.xml · nonDerivative · entry 1

SHOEN MARK V · CIK 0001134431 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Willow Grove Holdings LP

Disclosed balance after: 8,341,714

F1 · ownership.nature: Willow Grove Holdings LP ("Willow Grove") is owned by Foster Road LLC ("Foster Road") and various trusts associated with the reporting person and Edward J. Shoen. Foster Road is the general partner of Willow Grove and controls the voting and disposition decisions with respect to the issuer common stock owned directly or indirectly by Willow Grove. Foster Road is (a) managed by the reporting person and Edward J. Shoen and (b) owned by a trust associated with the reporting person and a trust associated with Edward J. Shoen. The reporting person disclaims beneficial ownership of issuer common stock held directly and indirectly by Willow Grove except to the extent of his pecuniary interest therein.

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.