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Wallach Stewart

Disclosed activity across 1 company

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76211
SEC CIK
0001377933

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
CAPSTONE COMPANIES, INC.CAPC · Entity 8530DirectorAugust 22, 2025August 22, 2025

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.

CAPSTONE COMPANIES, INC.

Report date August 22, 2025 · Filed August 22, 2025

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Series B-1 Convertible Preferred Stock ("B-1 Stock")SEC Table II · derivative / convertible securityDirect413,609 Reported balance After 2025-08-22 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2025-08-22 · Gift · Disposed 6,000 · Balance 413,609

F1: B-1 Stock converts to 66 shares of common stock for each share of B-1 stock. No conversion or exercise price. Conversion is upon demand. B-1 stock is gifted to 3 persons, 2000 shares per person.

F2: If all shares of B-1 Stock are converted by all of the grantees/holders, the total number of shares of Common Stock would be 399,960.

Filing footnotes · ownership attribution and instrument terms

F1: B-1 Stock converts to 66 shares of common stock for each share of B-1 stock. No conversion or exercise price. Conversion is upon demand. B-1 stock is gifted to 3 persons, 2000 shares per person.

F2: If all shares of B-1 Stock are converted by all of the grantees/holders, the total number of shares of Common Stock would be 399,960.

Transaction history

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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 dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
August 22, 2025 Filed Aug 22, 2025 16:00 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 GiftSeries B-1 Convertible Preferred Stock ("B-1 Stock") · Derivative 6,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001903596-25-000427 · ownership.xml · derivative · entry 1

Wallach Stewart · CIK 0001377933 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 413,609

Underlying: Common Stock · Not disclosed shares

Expires not disclosed

F1 · derivative.exercise_price: B-1 Stock converts to 66 shares of common stock for each share of B-1 stock. No conversion or exercise price. Conversion is upon demand. B-1 stock is gifted to 3 persons, 2000 shares per person.

F1 · price: B-1 Stock converts to 66 shares of common stock for each share of B-1 stock. No conversion or exercise price. Conversion is upon demand. B-1 stock is gifted to 3 persons, 2000 shares per person.

F1 · derivative.exercise_date: B-1 Stock converts to 66 shares of common stock for each share of B-1 stock. No conversion or exercise price. Conversion is upon demand. B-1 stock is gifted to 3 persons, 2000 shares per person.

F1 · derivative.expiration_date: B-1 Stock converts to 66 shares of common stock for each share of B-1 stock. No conversion or exercise price. Conversion is upon demand. B-1 stock is gifted to 3 persons, 2000 shares per person.

F2 · derivative.underlying_shares: If all shares of B-1 Stock are converted by all of the grantees/holders, the total number of shares of Common Stock would be 399,960.

Read SEC document
December 20, 2024 Filed Dec 26, 2024 19:15 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseSeries B-1 Convertible Preferred Stock · Derivative 419,609 Not disclosed Strike: $0.66 Not disclosed
Disclosure

SEC source: 0001903596-24-000747 · ownership.xml · derivative · entry 1

Wallach Stewart · CIK 0001377933 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 427,109

Underlying: Common · 27,971,181 shares

Expires not disclosed

F1 · price: Series B-1 Conv. Preferred Stock (B-1 Stock) issued to cancel $1,392,570 debt owed Stewart Wallach and $657,887 owed to Group Nexus LLC, a LLC controlled by Mr. Wallach. Conversion price based on bid of common stock on issuance date x 66.66. Each share of B-1 Stock converts to 66.66 shares of Common Stock. 134,631 shares of B-1 Stock reported above was issued to Group Nexus LLC.

F2 · derivative.expiration_date: Expiration Date is blank because the derivative security does not have a stated expiration date or trigger event date for exercise.

Read SEC document
December 03, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 4,000 $0.01 $32.00
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 1

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 23, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,000 $0.01 $8.00
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 2

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 22, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 18,000 $0.01 $126.00
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 3

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 21, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 5,000 $0.01 $35.50
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 5

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 21, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 10,000 $0.01 $63.00
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 4

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 18, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 4,500 $0.01 $23.85
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 8

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 18, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 11,000 $0.01 $66.00
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 7

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 18, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 10,000 $0.01 $65.00
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 6

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 17, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 2,100 $0.01 $14.07
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 13

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 17, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 4,900 $0.01 $30.87
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 12

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 17, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 4,900 $0.01 $31.85
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 11

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 17, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 2,000 $0.01 $13.40
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 10

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 17, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 4,900 $0.01 $27.44
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 9

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 16, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 4,900 $0.01 $33.81
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 15

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 16, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 2,000 $0.01 $11.40
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 14

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 15, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 5,000 $0.01 $36.50
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 16

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 14, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 2,000 $0.01 $13.40
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 17

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 11, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 2,000 $0.01 $12.60
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 3

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 11, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 27,000 $0.01 $178.20
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 2

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 11, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 10,000 $0.01 $68.00
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 1

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 10, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,000 $0.01 $6.40
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 20

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 10, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 13,200 $0.01 $85.80
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 19

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 10, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 5,000 $0.01 $31.50
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 18

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 09, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 9,000 $0.01 $58.50
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 23

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 09, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 4,800 $0.01 $32.16
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 22

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 09, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,311 $0.01 $8.26
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 21

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 08, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,100 $0.01 $6.71
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 25

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 08, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 6,500 $0.01 $39.00
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 24

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
October 01, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,000 $0.01 $6.30
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 26

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 27, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,750 $0.01 $9.10
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 28

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 27, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,000 $0.01 $5.50
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 27

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 26, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 3,800 $0.01 $19.38
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 29

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 25, 2024 Filed Feb 10, 2025 13:32 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,500 $0.01 $7.80
Disclosure

SEC source: 0001903596-25-000069 · ownership.xml · nonDerivative · entry 30

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 23, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 10,500 $0.01 $73.50
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 4

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 20, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 5,000 $0.00 $22.00
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 6

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 20, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 5,000 $0.01 $29.50
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 5

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 19, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 7,500 $0.01 $46.50
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 7

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 18, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 5,000 $0.00 $21.50
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 8

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
September 12, 2024 Filed Feb 10, 2025 13:32 UTC Amendment CAPSTONE COMPANIES, INC. CAPC · Entity 8530 PurchaseCommon Stock 1,000 $0.01 $6.10
Disclosure

SEC source: 0001903596-25-000070 · ownership.xml · nonDerivative · entry 9

Wallach Stewart · CIK 0001377933 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,052,506

Read SEC document
January 04, 2021 Filed Jan 6, 2021 19:50 UTC CAPSTONE COMPANIES, INC. CAPC · Entity 8530 OtherSeries B-1 Convertible Preferred Stock, $0.0001 par value 7,500 Not disclosed Not disclosed
Disclosure

SEC source: 0000939802-21-000004 · primary_doc.xml · nonDerivative · entry 1

Wallach Stewart · CIK 0001377933 · Director · CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,500

F2 · kind: Issuance of shares in connection with credit line.

F1 · price: Shares issued for working capital loan. Each share of Series B-1 Convertible Preferred Stock converts to 66.66 shares of Common Stock at option of holder.

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.