Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| ECOLAB INC.ECL · Entity 2954 | Director | March 31, 2019 | April 02, 2019 |
| Magnolia Oil & Gas CorpMGY · Entity 1979 | Director · CHAIRMAN, CEO, PRESIDENT | August 05, 2021 | August 05, 2021 |
| OCCIDENTAL PETROLEUM CORP /DE/OXY · Entity 2999 | Director | May 09, 2022 | May 12, 2022 |
| WILLIAMS COMPANIES, INC.WMB · Entity 175 | Director | April 27, 2021 | April 29, 2021 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
ECOLAB INC.
Report date March 31, 2019 · Filed April 02, 2019
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 12,527.19 |
Reported balance
After 2019-03-31 transaction · row 1
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 1 · 2019-03-31 · Grant · Acquired 163.33 · Balance 12,527.19 |
| Common StockSEC Table I · non-derivative | Direct | 12,634.2 |
Reported balance
After 2019-03-31 transaction · row 2
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 2 · 2019-03-31 · Grant · Acquired 85.21 · Balance 12,634.2 F1: Includes 21.80 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan. |
Filing footnotes · ownership attribution and instrument terms
F1: Includes 21.80 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
Magnolia Oil & Gas Corp
Report date August 05, 2021 · Filed August 05, 2021
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Class A Common StockSEC Table I · non-derivative | Direct | 7,045,971 |
Reported balance
After 2021-08-05 transaction · row 1
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 1 · 2021-08-05 · Purchase · Acquired 50,000 · Balance 7,045,971 F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.705154 to $14.445681, inclusive. The reporting person undertakes to provide to Magnolia Oil & Gas Corporation, any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range. F2: The number of securities beneficially owned following the reported transaction includes 6,726 shares acquired under the Magnolia Oil & Gas Corporation Stock Purchase Program during the period from December 4, 2020 through July 30, 2021. |
Filing footnotes · ownership attribution and instrument terms
F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.705154 to $14.445681, inclusive. The reporting person undertakes to provide to Magnolia Oil & Gas Corporation, any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range.
F2: The number of securities beneficially owned following the reported transaction includes 6,726 shares acquired under the Magnolia Oil & Gas Corporation Stock Purchase Program during the period from December 4, 2020 through July 30, 2021.
OCCIDENTAL PETROLEUM CORP /DE/
Report date May 09, 2022 · Filed May 12, 2022
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 293,777 |
Ending reported balance
After 2022-05-09 transaction · row 2
2 source rows · reconciled sequenceRow 1 · 2022-05-09 · Grant · Acquired 5,360 · Balance 294,957 F1: Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan. Row 2 · 2022-05-09 · Tax withholding · Disposed 1,180 · Balance 293,777 F2: Represents shares of common stock withheld to satisfy tax withholding obligations. |
Filing footnotes · ownership attribution and instrument terms
F1: Award of common stock under Occidental Petroleum Corporation's Amended and Restated 2015 Long-Term Incentive Plan.
F2: Represents shares of common stock withheld to satisfy tax withholding obligations.
WILLIAMS COMPANIES, INC.
Report date April 27, 2021 · Filed April 29, 2021
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 71,348 |
Reported balance
After 2021-04-27 transaction · row 1
1 source rowRow 1 · 2021-04-27 · Grant · Acquired 6,892 · Balance 71,348 |
Transaction history
JSON APIPurchases/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 | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| October 20, 2016 Filed Oct 20, 2016 18:55 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 2,000 | $74.58 | $149,160.00 |
DisclosureSEC source: 0001140361-16-083140 · doc1.xml · nonDerivative · entry 3 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,614,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.43 to $74.68, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 4 of this Form 4. Read SEC document |
| October 20, 2016 Filed Oct 20, 2016 18:55 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 2,500 | $74.01 | $185,025.00 |
DisclosureSEC source: 0001140361-16-083140 · doc1.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,616,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.42 to $74.37, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 3 of this Form 4. Read SEC document |
| October 18, 2016 Filed Oct 20, 2016 18:55 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $71.95 | $323,775.00 |
DisclosureSEC source: 0001140361-16-083140 · doc1.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,619,119 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.78 to $72.13, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 2 of this Form 4. Read SEC document |
| October 13, 2016 Filed Oct 13, 2016 21:36 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 871 | $74.00 | $64,454.00 |
DisclosureSEC source: 0001140361-16-082716 · doc1.xml · nonDerivative · entry 3 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,623,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.95 to $74.05, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 4 of this Form 4. Read SEC document |
| October 13, 2016 Filed Oct 13, 2016 21:36 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 3,629 | $73.63 | $267,203.27 |
DisclosureSEC source: 0001140361-16-082716 · doc1.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,624,490 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.92 to $73.91, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 3 of this Form 4. Read SEC document |
| October 11, 2016 Filed Oct 13, 2016 21:36 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $73.89 | $332,505.00 |
DisclosureSEC source: 0001140361-16-082716 · doc1.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,628,119 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.69 to $74.11, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 2 of this Form 4. Read SEC document |
| October 06, 2016 Filed Oct 6, 2016 19:08 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $73.50 | $330,750.00 |
DisclosureSEC source: 0001140361-16-082157 · doc1.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,632,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.08 to $73.79, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 3 of this Form 4. Read SEC document |
| October 04, 2016 Filed Oct 6, 2016 19:08 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $72.88 | $327,960.00 |
DisclosureSEC source: 0001140361-16-082157 · doc1.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,637,119 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.53 to $73.13, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 2 of this Form 4. Read SEC document |
| October 03, 2016 Filed Oct 4, 2016 19:48 UTC | WILLIAMS COMPANIES, INC. WMB · Entity 175 | GrantRestricted Stock Units · Derivative | 3,428 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-16-144114 · doc4.xml · derivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 3,428 Underlying: Common Stock · 3,428 shares Expires 2017-10-03 F1 · derivative.exercise_price: Restricted Stock Units convert into common stock on a one-for-one basis. Read SEC document |
| September 30, 2016 Filed Oct 4, 2016 20:39 UTC | ECOLAB INC. ECL · Entity 2954 | GrantCommon Stock | 118.43 | $121.39 | $14,375.63 |
DisclosureSEC source: 0001179110-16-030290 · edgar.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 9,512.69 F1 · balance_after: Includes 11.09 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan. Read SEC document |
| September 30, 2016 Filed Oct 4, 2016 20:39 UTC | ECOLAB INC. ECL · Entity 2954 | GrantCommon Stock | 205.96 | $0.00 | $0.00 |
DisclosureSEC source: 0001179110-16-030290 · edgar.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 9,383.17 Read SEC document |
| September 29, 2016 Filed Sep 29, 2016 19:37 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $72.65 | $326,925.00 |
DisclosureSEC source: 0001140361-16-081035 · doc1.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,641,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.21 to $73.06, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 3 of this Form 4. Read SEC document |
| September 27, 2016 Filed Sep 29, 2016 19:37 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $68.35 | $307,575.00 |
DisclosureSEC source: 0001140361-16-081035 · doc1.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,646,119 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.91 to $68.59, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 2 of this Form 4. Read SEC document |
| September 22, 2016 Filed Sep 22, 2016 20:01 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $72.00 | $324,000.00 |
DisclosureSEC source: 0001140361-16-080547 · doc1.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,650,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.73 to $72.24, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 3 of this Form 4. Read SEC document |
| September 20, 2016 Filed Sep 22, 2016 20:01 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $70.96 | $319,320.00 |
DisclosureSEC source: 0001140361-16-080547 · doc1.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,655,119 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.68 to $71.28, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 2 of this Form 4. Read SEC document |
| September 15, 2016 Filed Sep 15, 2016 21:44 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $72.40 | $325,800.00 |
DisclosureSEC source: 0001140361-16-079930 · doc1.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,659,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.21 to $72.68, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 3 of this Form 4. Read SEC document |
| September 13, 2016 Filed Sep 15, 2016 21:44 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $73.69 | $331,605.00 |
DisclosureSEC source: 0001140361-16-079930 · doc1.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,664,119 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.39 to $73.94, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 2 of this Form 4. Read SEC document |
| September 08, 2016 Filed Sep 8, 2016 18:41 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $77.41 | $348,345.00 |
DisclosureSEC source: 0001140361-16-079182 · doc1.xml · nonDerivative · entry 2 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,668,619 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.16 to $77.68, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 3 of this Form 4. Read SEC document |
| September 06, 2016 Filed Sep 8, 2016 18:41 UTC | OCCIDENTAL PETROLEUM CORP /DE/ OXY · Entity 2999 | SaleCommon Stock | 4,500 | $77.87 | $350,415.00 |
DisclosureSEC source: 0001140361-16-079182 · doc1.xml · nonDerivative · entry 1 CHAZEN STEPHEN I · CIK 0001026545 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 1,673,119 F1 · kind: The sales reported in this Form 4 were effected pursuant to two Rule 10b5-1 trading plans adopted by the reporting person on October 30, 2015 and June 20, 2016. F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.64 to $77.99, inclusive. The reporting person undertakes to provide to Occidental Petroleum Corporation, any security holder of Occidental Petroleum Corporation, 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 range set forth in footnote 2 of this Form 4. 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.