Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| HYSTER-YALE, INC.HY · Entity 5370 | Director | July 01, 2019 | July 02, 2019 |
| SHERWIN WILLIAMS COSHW · Entity 2948 | Director | February 12, 2019 | February 14, 2019 |
| Zurn Elkay Water Solutions CorpRXN · Entity 3659 | Director | May 25, 2018 | May 30, 2018 |
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.
HYSTER-YALE, INC.
Report date July 01, 2019 · Filed July 02, 2019
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Class A Common StockSEC Table I · non-derivative | IndirectBy Trust | 13,531 |
Reported balance
After 2019-07-01 transaction · row 1
Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source rowRow 1 · 2019-07-01 · Grant · Acquired 265 · Balance 13,531 F1: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. |
| Class A Common StockSEC Table I · non-derivative | IndirectBy Trust | 13,697 |
Reported balance
After 2019-07-01 transaction · row 2
Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source rowRow 2 · 2019-07-01 · Grant · Acquired 166 · Balance 13,697 F2: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. |
Filing footnotes · ownership attribution and instrument terms
F1: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
F2: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
SHERWIN WILLIAMS CO
Report date February 12, 2019 · Filed February 14, 2019
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 12,289 |
Reported balance
After 2019-02-12 transaction · row 1
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 1 · 2019-02-12 · Grant · Acquired 409 · Balance 12,289 F1: Grant of restricted stock units under The Sherwin-Williams Company 2006 Stock Plan for Nonemployee Directors. F2: Of shares listed, 983 are restricted stock units. |
Filing footnotes · ownership attribution and instrument terms
F1: Grant of restricted stock units under The Sherwin-Williams Company 2006 Stock Plan for Nonemployee Directors.
F2: Of shares listed, 983 are restricted stock units.
Zurn Elkay Water Solutions Corp
Report date May 25, 2018 · Filed May 30, 2018
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 17,637 |
Reported balance
After 2018-05-25 transaction · row 1
1 source rowRow 1 · 2018-05-25 · Grant · Acquired 3,805 · Balance 17,637 F1: Restricted stock unit grant, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director. |
| Common StockSEC Table I · non-derivative | IndirectBy Spouse | 5,504 |
Reported balance
Holding disclosure · report date 2018-05-25 · row 2
Holding and transaction disclosures are not merged.
1 source rowRow 2 · Balance 5,504 |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $28.23 · Expires 2024-01-16 | Direct | 9,409 |
Reported balance
Holding disclosure · report date 2018-05-25 · row 3
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 3 · Balance 9,409 F2: Option fully vested. |
Filing footnotes · ownership attribution and instrument terms
F1: Restricted stock unit grant, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director.
F2: Option fully vested.
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 |
|---|---|---|---|---|---|---|
| July 01, 2019 Filed Jul 2, 2019 18:27 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 166 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-19-023468 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 13,697 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| July 01, 2019 Filed Jul 2, 2019 18:27 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 265 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-19-023468 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 13,531 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| April 01, 2019 Filed Apr 3, 2019 16:33 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 274 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-19-014419 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 13,266 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| April 01, 2019 Filed Apr 3, 2019 16:33 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 437 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-19-014419 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 12,992 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| February 12, 2019 Filed Feb 14, 2019 21:38 UTC | SHERWIN WILLIAMS CO SHW · Entity 2948 | GrantCommon Stock | 409 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-19-010207 · doc4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,289 F1 · kind: Grant of restricted stock units under The Sherwin-Williams Company 2006 Stock Plan for Nonemployee Directors. F2 · balance_after: Of shares listed, 983 are restricted stock units. Read SEC document |
| January 02, 2019 Filed Jan 4, 2019 15:53 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 298 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-19-001066 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 12,555 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| January 02, 2019 Filed Jan 4, 2019 15:53 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 456 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-19-001066 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 12,257 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| October 29, 2018 Filed Oct 31, 2018 19:56 UTC | SHERWIN WILLIAMS CO SHW · Entity 2948 | PurchaseCommon Stock | 675 | $375.00 | $253,125.00 |
DisclosureSEC source: 0001209191-18-056648 · doc4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 11,880 F1 · balance_after: Of shares listed, 875 are restricted stock units. Read SEC document |
| October 01, 2018 Filed Oct 2, 2018 21:03 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 292 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-029133 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 11,801 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| October 01, 2018 Filed Oct 2, 2018 21:03 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 447 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-029133 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 11,509 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| July 02, 2018 Filed Jul 3, 2018 19:27 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 267 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-022560 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 11,062 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| July 02, 2018 Filed Jul 3, 2018 19:27 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 408 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-022560 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 10,795 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| May 25, 2018 Filed May 30, 2018 21:16 UTC | Zurn Elkay Water Solutions Corp RXN · Entity 3659 | GrantCommon Stock | 3,805 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001439288-18-000055 · wf-form4_152771499483496.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 17,637 F1 · price: Restricted stock unit grant, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director. Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 19:41 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 234 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-013981 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 10,387 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| April 02, 2018 Filed Apr 4, 2018 19:41 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 358 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-013981 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 10,153 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| February 13, 2018 Filed Feb 14, 2018 22:16 UTC | SHERWIN WILLIAMS CO SHW · Entity 2948 | GrantCommon Stock | 361 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-18-009991 · doc4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 11,205 F1 · kind: Grant of restricted stock units under The Sherwin-Williams Company 2006 Stock Plan for Nonemployee Directors. F2 · balance_after: Of shares listed, 1,196 are restricted stock units. Read SEC document |
| January 02, 2018 Filed Jan 4, 2018 17:01 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 211 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-000949 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 9,795 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| January 02, 2018 Filed Jan 4, 2018 17:01 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 331 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-18-000949 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 9,584 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| October 02, 2017 Filed Oct 4, 2017 18:13 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 248 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-029110 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 9,253 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| October 02, 2017 Filed Oct 4, 2017 18:13 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 390 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-029110 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 9,005 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| July 03, 2017 Filed Jul 6, 2017 13:53 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 256 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-023205 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 8,615 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| July 03, 2017 Filed Jul 6, 2017 13:53 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 403 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-023205 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 8,359 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| May 19, 2017 Filed May 23, 2017 15:39 UTC | Zurn Elkay Water Solutions Corp RXN · Entity 3659 | GrantCommon Stock | 4,756 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001439288-17-000073 · wf-form4_149555398296065.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,832 F1 · price: Restricted stock unit grant, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director. Read SEC document |
| April 03, 2017 Filed Apr 5, 2017 12:11 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 288 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-014232 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 7,956 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| April 03, 2017 Filed Apr 5, 2017 12:11 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 452 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-014232 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 7,668 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| February 14, 2017 Filed Feb 15, 2017 19:48 UTC | SHERWIN WILLIAMS CO SHW · Entity 2948 | GrantCommon Stock | 539 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-17-011011 · doc4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,844 F1 · kind: Grant of restricted stock units under The Sherwin-Williams Company 2006 Stock Plan for Nonemployee Directors. F2 · balance_after: Of shares listed, 201 are restricted stock and 1,338 are restricted stock units. Read SEC document |
| January 03, 2017 Filed Jan 5, 2017 19:33 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 283 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-000974 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 7,216 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| January 03, 2017 Filed Jan 5, 2017 19:33 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 412 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-17-000974 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 6,933 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| October 27, 2016 Filed Oct 31, 2016 13:24 UTC | SHERWIN WILLIAMS CO SHW · Entity 2948 | PurchaseCommon Stock | 500 | $247.30 | $123,650.00 |
DisclosureSEC source: 0001209191-16-147371 · doc4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,305 F1 · balance_after: Of shares listed, 201 are restricted stock and 799 are restricted stock units. Read SEC document |
| October 01, 2016 Filed Oct 4, 2016 18:20 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 305 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-16-063951 · form4.xml · nonDerivative · entry 2 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 6,521 F2 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Read SEC document |
| October 01, 2016 Filed Oct 4, 2016 18:20 UTC | HYSTER-YALE, INC. HY · Entity 5370 | GrantClass A Common Stock | 444 | $0.00 | $0.00 |
DisclosureSEC source: 0001127602-16-063951 · form4.xml · nonDerivative · entry 1 STROPKI JOHN M · CIK 0001194166 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 6,216 F1 · kind: Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. 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.