Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| Ally Financial Inc.ALLY · Entity 3431 | Chief Financial Officer | January 31, 2018 | February 02, 2018 |
| Burford Capital LtdBUR · Entity 5012 | Director | June 15, 2026 | June 17, 2026 |
| OneMain Holdings, Inc.OMF · Entity 3702 | Director | February 11, 2026 | February 13, 2026 |
| WESTERN ALLIANCE BANCORPORATIONWAL · Entity 3616 | Director | February 05, 2026 | February 09, 2026 |
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.
Ally Financial Inc.
Report date January 31, 2018 · Filed February 02, 2018
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 243,962 |
Reported balance
After 2018-01-31 transaction · row 1
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 1 · 2018-01-31 · Grant · Acquired 44,018 · Balance 243,962 F1: Represents an equal number of performance stock awards that, when vested, may be settled only in shares of Company common stock. F2: Represents the per share fair market value of the Company's common stock as of January 31, 2018. |
| Common StockSEC Table I · non-derivative | Direct | 269,676 |
Reported balance
After 2018-02-01 transaction · row 2
Account or security details depend on footnotes; rows are not merged.
1 source rowRow 2 · 2018-02-01 · Grant · Acquired 25,714 · Balance 269,676 F3: Represents an equal number of restricted stock awards that, when vested, may be settled only in shares of Company common stock. F4: Represents the per share fair market value of the Company's common stock as of February 1, 2018. |
Filing footnotes · ownership attribution and instrument terms
F1: Represents an equal number of performance stock awards that, when vested, may be settled only in shares of Company common stock.
F2: Represents the per share fair market value of the Company's common stock as of January 31, 2018.
F3: Represents an equal number of restricted stock awards that, when vested, may be settled only in shares of Company common stock.
F4: Represents the per share fair market value of the Company's common stock as of February 1, 2018.
Burford Capital Ltd
Report date June 15, 2026 · Filed June 17, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Ordinary shares, no par value ("Ordinary Shares")SEC Table I · non-derivative | Direct | 59,576 |
Reported balance
After 2026-06-15 transaction · row 1
1 source rowRow 1 · 2026-06-15 · Grant · Acquired 22,406 · Balance 59,576 F1: Represents a grant of Ordinary Shares under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan. |
Filing footnotes · ownership attribution and instrument terms
F1: Represents a grant of Ordinary Shares under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan.
OneMain Holdings, Inc.
Report date February 11, 2026 · Filed February 13, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common stock, par value $0.01 per shareSEC Table I · non-derivative | Direct | 4,810 |
Reported balance
After 2026-02-11 transaction · row 1
1 source rowRow 1 · 2026-02-11 · Grant · Acquired 3,243 · Balance 4,810 F1: Consists of restricted stock units granted under the OneMain Holdings, Inc. Amended 2013 Omnibus Incentive Plan. The units become 100% vested on January 4, 2027, subject to the grantee remaining in continuous service as a director as of the vesting date. The reporting person will receive one share of common stock for each vested restricted stock unit. |
Filing footnotes · ownership attribution and instrument terms
F1: Consists of restricted stock units granted under the OneMain Holdings, Inc. Amended 2013 Omnibus Incentive Plan. The units become 100% vested on January 4, 2027, subject to the grantee remaining in continuous service as a director as of the vesting date. The reporting person will receive one share of common stock for each vested restricted stock unit.
WESTERN ALLIANCE BANCORPORATION
Report date February 05, 2026 · Filed February 09, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Deferred Stock UnitsSEC Table II · derivative / convertible security | Direct | 2,580 |
Reported balance
After 2026-02-05 transaction · row 1
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 1 · 2026-02-05 · Grant · Acquired 2,580 · Balance 2,580 F1: Represents the grant of Deferred Stock Units under the Issuer's Stock Incentive Plan and credited under the Issuer's Director Deferral Plan, vesting on February 5, 2027. Deferred Stock Units are paid in shares of Common Stock issued under the Issuer's Stock Incentive Plan after a separation from service pursuant to the Director Deferral Plan |
Filing footnotes · ownership attribution and instrument terms
F1: Represents the grant of Deferred Stock Units under the Issuer's Stock Incentive Plan and credited under the Issuer's Director Deferral Plan, vesting on February 5, 2027. Deferred Stock Units are paid in shares of Common Stock issued under the Issuer's Stock Incentive Plan after a separation from service pursuant to the Director Deferral Plan
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 |
|---|---|---|---|---|---|---|
| December 02, 2016 Filed Dec 6, 2016 16:11 UTC | Ally Financial Inc. ALLY · Entity 3431 | Disposition to issuerCommon Stock | 1,156 | $19.95 | $23,062.20 |
DisclosureSEC source: 0000040729-16-000815 · wf-form4_148104069765549.xml · nonDerivative · entry 2 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,749 F2 · price: Represents the per share fair market value of the Company's common stock as of November 23, 2016. Read SEC document |
| December 02, 2016 Filed Dec 6, 2016 16:11 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionCommon Stock | 1,156 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000815 · wf-form4_148104069765549.xml · nonDerivative · entry 1 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 162,905 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The common stock reported includes shares issued upon the settlement of a portion of DSUs awarded in prior periods. Read SEC document |
| November 18, 2016 Filed Nov 22, 2016 18:12 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionDeferred Stock Units (DSU) · Derivative | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000804 · wf-form4_147983834389430.xml · derivative · entry 3 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 9,757 Underlying: Common Stock · 1,155 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.exercise_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.expiration_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. Read SEC document |
| November 18, 2016 Filed Nov 22, 2016 18:12 UTC | Ally Financial Inc. ALLY · Entity 3431 | Disposition to issuerCommon Stock | 1,155 | $17.34 | $20,027.70 |
DisclosureSEC source: 0000040729-16-000804 · wf-form4_147983834389430.xml · nonDerivative · entry 2 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,749 F2 · price: Represents the per share fair market value of the Company's common stock as of November 9, 2016. Read SEC document |
| November 18, 2016 Filed Nov 22, 2016 18:12 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionCommon Stock | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000804 · wf-form4_147983834389430.xml · nonDerivative · entry 1 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 162,904 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The common stock reported includes shares issued upon the settlement of a portion of DSUs awarded in prior periods. Read SEC document |
| November 04, 2016 Filed Nov 7, 2016 20:29 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionDeferred Stock Units (DSU) · Derivative | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000790 · wf-form4_147855057060528.xml · derivative · entry 3 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,912 Underlying: Common Stock · 1,155 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.exercise_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.expiration_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. Read SEC document |
| November 04, 2016 Filed Nov 7, 2016 20:29 UTC | Ally Financial Inc. ALLY · Entity 3431 | Disposition to issuerCommon Stock | 1,155 | $18.81 | $21,725.55 |
DisclosureSEC source: 0000040729-16-000790 · wf-form4_147855057060528.xml · nonDerivative · entry 2 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,749 F2 · price: Represents the per share fair market value of the Company's common stock as of October 26, 2016. Read SEC document |
| November 04, 2016 Filed Nov 7, 2016 20:29 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionCommon Stock | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000790 · wf-form4_147855057060528.xml · nonDerivative · entry 1 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 162,904 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The common stock reported includes shares issued upon the settlement of a portion of DSUs awarded in prior periods. Read SEC document |
| October 21, 2016 Filed Oct 25, 2016 13:55 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionDeferred Stock Units (DSU) · Derivative | 1,156 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000774 · wf-form4_147740370284382.xml · derivative · entry 3 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,067 Underlying: Common Stock · 1,156 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.exercise_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.expiration_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. Read SEC document |
| October 21, 2016 Filed Oct 25, 2016 13:55 UTC | Ally Financial Inc. ALLY · Entity 3431 | Disposition to issuerCommon Stock | 1,156 | $19.55 | $22,599.80 |
DisclosureSEC source: 0000040729-16-000774 · wf-form4_147740370284382.xml · nonDerivative · entry 2 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,749 F2 · price: Represents the per share fair market value of the Company's common stock as of October 12, 2016. Read SEC document |
| October 21, 2016 Filed Oct 25, 2016 13:55 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionCommon Stock | 1,156 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000774 · wf-form4_147740370284382.xml · nonDerivative · entry 1 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 162,905 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The common stock reported includes shares issued upon the settlement of a portion of DSUs awarded in prior periods. Read SEC document |
| October 07, 2016 Filed Oct 11, 2016 14:06 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionDeferred Stock Units (DSU) · Derivative | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000757 · wf-form4_147619476641463.xml · derivative · entry 3 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,223 Underlying: Common Stock · 1,155 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.exercise_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.expiration_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. Read SEC document |
| October 07, 2016 Filed Oct 11, 2016 14:06 UTC | Ally Financial Inc. ALLY · Entity 3431 | Disposition to issuerCommon Stock | 1,155 | $19.38 | $22,383.90 |
DisclosureSEC source: 0000040729-16-000757 · wf-form4_147619476641463.xml · nonDerivative · entry 2 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,749 F2 · price: Represents the per share fair market value of the Company's common stock as of September 28, 2016. Read SEC document |
| October 07, 2016 Filed Oct 11, 2016 14:06 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionCommon Stock | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000757 · wf-form4_147619476641463.xml · nonDerivative · entry 1 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 162,904 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The common stock reported includes shares issued upon the settlement of a portion of DSUs awarded in prior periods. Read SEC document |
| September 23, 2016 Filed Sep 27, 2016 15:18 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionDeferred Stock Units (DSU) · Derivative | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000743 · wf-form4_147498948184174.xml · derivative · entry 3 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,378 Underlying: Common Stock · 1,155 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.exercise_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.expiration_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. Read SEC document |
| September 23, 2016 Filed Sep 27, 2016 15:18 UTC | Ally Financial Inc. ALLY · Entity 3431 | Disposition to issuerCommon Stock | 1,155 | $19.40 | $22,407.00 |
DisclosureSEC source: 0000040729-16-000743 · wf-form4_147498948184174.xml · nonDerivative · entry 2 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,749 F2 · price: Represents the per share fair market value of the Company's common stock as of September 14, 2016. Read SEC document |
| September 23, 2016 Filed Sep 27, 2016 15:18 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionCommon Stock | 1,155 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000743 · wf-form4_147498948184174.xml · nonDerivative · entry 1 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 162,904 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The common stock reported includes shares issued upon the settlement of a portion of DSUs awarded in prior periods. Read SEC document |
| September 09, 2016 Filed Sep 13, 2016 15:32 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionDeferred Stock Units (DSU) · Derivative | 1,156 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000733 · wf-form4_147378071921614.xml · derivative · entry 3 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 15,533 Underlying: Common Stock · 1,156 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.exercise_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. F3 · derivative.expiration_date: Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares. Read SEC document |
| September 09, 2016 Filed Sep 13, 2016 15:32 UTC | Ally Financial Inc. ALLY · Entity 3431 | Disposition to issuerCommon Stock | 1,156 | $20.04 | $23,166.24 |
DisclosureSEC source: 0000040729-16-000733 · wf-form4_147378071921614.xml · nonDerivative · entry 2 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,749 F2 · price: Represents the per share fair market value of the Company's common stock as of August 31, 2016. Read SEC document |
| September 09, 2016 Filed Sep 13, 2016 15:32 UTC | Ally Financial Inc. ALLY · Entity 3431 | Exercise / conversionCommon Stock | 1,156 | $0.00 | $0.00 |
DisclosureSEC source: 0000040729-16-000733 · wf-form4_147378071921614.xml · nonDerivative · entry 1 Halmy Christopher A · CIK 0001603746 · Chief Financial Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 162,905 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The common stock reported includes shares issued upon the settlement of a portion of DSUs awarded in prior periods. 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.