Eberley R Davis
CIK 1390074 · View on SEC EDGAR ↗
Insider
First SEC filing: Feb. 15, 2007 · Latest: Feb. 15, 2007
On this page
- Insider at Companies where this person is a reporting insider.
- Insider transactions Every share this person bought or sold, from Form 4 filings.
- Derivatives Options and other derivative holdings reported by this person.
- Initial holdings The stakes this person held when they first started reporting.
- Compensation Executive pay disclosed in company proxy statements.
Insider at
Insider transactions
0 buys (P)
0 sells (S)
Net:
$0
+ 91 non-open-market transactions below
last 12 months, based on the transactions shown below
Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted
No open-market trades on record; showing all filings.
| Date | Ticker | Code | Shares | Price | Value | Owned after | Δ own | A/D | vs now |
|---|---|---|---|---|---|---|---|---|---|
| Aug. 12, 2022 | ARLP | A | 1,208 | — | — | 68,840 Direct | +1.79% | Acquired | (price as of 2026-08-20) |
| May 13, 2022 | ARLP | A | 1,266 | — | — | 67,632 Direct | +1.91% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2022 | ARLP | A | 1,205 | — | — | 66,366 Direct | +1.85% | Acquired | (price as of 2026-08-20) |
| Jan. 26, 2022 | ARLP | A | 1,469 | — | — | 65,161 Direct | +2.31% | Acquired | (price as of 2026-08-20) |
| Nov. 12, 2021 | ARLP | A | 1,094 | — | — | 63,692 Direct | +1.75% | Acquired | (price as of 2026-08-20) |
| Aug. 13, 2021 | ARLP | A | 786 | — | — | 62,598 Direct | +1.27% | Acquired | (price as of 2026-08-20) |
| May 14, 2021 | ARLP | A | 1,034 | — | — | 61,812 Direct | +1.70% | Acquired | (price as of 2026-08-20) |
| Jan. 27, 2021 | ARLP | A | 16,558 | — | — | 60,778 Direct | +37.44% | Acquired | (price as of 2026-08-20) |
| Dec. 18, 2020 | ARLP | J | 30,371 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Dec. 17, 2020 | ARLP | A | 33,818 | — | — | 88,078 Direct | +62.33% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2020 | ARLP | A | 1,977 | — | — | 44,220 Direct | +4.68% | Acquired | (price as of 2026-08-20) |
| Feb. 10, 2020 | ARLP | M | 25,275 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Feb. 10, 2020 | ARLP | F | 8,212 | $8.20 | $67,338 | 140,146 Direct | -5.54% | Disposed | 221.2% (price as of 2026-08-20) |
| Feb. 10, 2020 | ARLP | M | 25,275 | — | — | 148,358 Direct | +20.53% | Acquired | (price as of 2026-08-20) |
| Feb. 5, 2020 | ARLP | A | 54,260 | — | — | 54,260 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 22, 2020 | ARLP | A | 5,949 | — | — | 42,243 Direct | +16.39% | Acquired | (price as of 2026-08-20) |
| Nov. 14, 2019 | ARLP | A | 1,558 | — | — | 36,294 Direct | +4.49% | Acquired | (price as of 2026-08-20) |
| Aug. 14, 2019 | ARLP | A | 1,109 | — | — | 34,736 Direct | +3.30% | Acquired | (price as of 2026-08-20) |
| May 15, 2019 | ARLP | A | 931 | — | — | 33,627 Direct | +2.85% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2019 | ARLP | A | 875 | — | — | 32,696 Direct | +2.75% | Acquired | (price as of 2026-08-20) |
| Feb. 8, 2019 | ARLP | M | 47,200 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Feb. 8, 2019 | ARLP | F | 14,610 | $19.67 | $287,379 | 123,083 Direct | -10.61% | Disposed | 33.9% (price as of 2026-08-20) |
| Feb. 8, 2019 | ARLP | M | 47,200 | — | — | 137,693 Direct | +52.16% | Acquired | (price as of 2026-08-20) |
| Feb. 4, 2019 | ARLP | A | 33,818 | — | — | 33,818 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 23, 2019 | ARLP | A | 2,265 | — | — | 31,821 Direct | +7.66% | Acquired | (price as of 2026-08-20) |
| Nov. 14, 2018 | ARLP | A | 776 | — | — | 29,556 Direct | +2.70% | Acquired | (price as of 2026-08-20) |
| Aug. 14, 2018 | ARLP | A | 730 | — | — | 28,780 Direct | +2.60% | Acquired | (price as of 2026-08-20) |
| May 31, 2018 | ARLP | A | 11,086 | — | — | 90,493 Direct | +13.96% | Acquired | (price as of 2026-08-20) |
| May 15, 2018 | ARLP | A | 791 | — | — | 28,050 Direct | +2.90% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2018 | ARLP | A | 702 | — | — | 27,259 Direct | +2.64% | Acquired | (price as of 2026-08-20) |
| Feb. 8, 2018 | ARLP | M | 15,719 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Feb. 8, 2018 | ARLP | F | 5,151 | $20.40 | $105,080 | 79,407 Direct | -6.09% | Disposed | 29.1% (price as of 2026-08-20) |
| Feb. 8, 2018 | ARLP | M | 15,719 | — | — | 84,558 Direct | +22.83% | Acquired | (price as of 2026-08-20) |
| Feb. 2, 2018 | ARLP | A | 30,371 | — | — | 30,371 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 24, 2018 | ARLP | A | 2,443 | — | — | 26,557 Direct | +10.13% | Acquired | (price as of 2026-08-20) |
| Nov. 14, 2017 | ARLP | A | 617 | — | — | 24,114 Direct | +2.63% | Acquired | (price as of 2026-08-20) |
| Aug. 14, 2017 | ARLP | A | 596 | — | — | 23,497 Direct | +2.60% | Acquired | (price as of 2026-08-20) |
| May 15, 2017 | ARLP | A | 430 | — | — | 22,901 Direct | +1.91% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2017 | ARLP | A | 407 | — | — | 22,471 Direct | +1.84% | Acquired | (price as of 2026-08-20) |
| Feb. 8, 2017 | ARLP | M | 19,118 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Feb. 8, 2017 | ARLP | F | 6,766 | $23.25 | $157,310 | 68,839 Direct | -8.95% | Disposed | 13.3% (price as of 2026-08-20) |
| Feb. 8, 2017 | ARLP | M | 19,118 | — | — | 75,605 Direct | +33.84% | Acquired | (price as of 2026-08-20) |
| Feb. 3, 2017 | ARLP | A | 25,275 | — | — | 25,275 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 25, 2017 | ARLP | A | 1,665 | — | — | 22,064 Direct | +8.16% | Acquired | (price as of 2026-08-20) |
| Nov. 14, 2016 | ARLP | A | 366 | — | — | 20,399 Direct | +1.83% | Acquired | (price as of 2026-08-20) |
| May 15, 2014 | ARLP | A | 71 | — | — | 5,436 Direct | +1.32% | Acquired | (price as of 2026-08-20) |
| Feb. 15, 2013 | ARLP | M | 5,742 | — | — | 17,859 Direct | +47.39% | Acquired | (price as of 2026-08-20) |
| Feb. 15, 2013 | ARLP | F | 2,028 | $63.20 | $128,170 | 15,831 Direct | -11.36% | Disposed | -16.6% (price as of 2026-08-20) |
| Feb. 15, 2013 | ARLP | M | 5,742 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Feb. 14, 2013 | ARLP | A | 78 | — | — | 4,513 Direct | +1.76% | Acquired | (price as of 2026-08-20) |
| Feb. 6, 2013 | ARLP | A | 7,850 | — | — | 7,850 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 23, 2013 | ARLP | A | 826 | — | — | 4,435 Direct | +22.89% | Acquired | (price as of 2026-08-20) |
| Nov. 14, 2012 | ARLP | A | 63 | — | — | 3,609 Direct | +1.78% | Acquired | (price as of 2026-08-20) |
| Aug. 14, 2012 | ARLP | A | 60 | — | — | 3,546 Direct | +1.72% | Acquired | (price as of 2026-08-20) |
| May 15, 2012 | ARLP | A | 58 | — | — | 3,486 Direct | +1.69% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2012 | ARLP | M | 7,125 | — | — | 14,553 Direct | +95.92% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2012 | ARLP | F | 2,436 | $73.95 | $180,142 | 12,117 Direct | -16.74% | Disposed | -28.8% (price as of 2026-08-20) |
| Feb. 14, 2012 | ARLP | A | 44 | — | — | 3,428 Direct | +1.30% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2012 | ARLP | M | 7,125 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Feb. 6, 2012 | ARLP | A | 6,440 | — | — | 6,440 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 26, 2012 | ARLP | A | 607 | — | — | 3,384 Direct | +21.86% | Acquired | (price as of 2026-08-20) |
| Nov. 14, 2011 | ARLP | A | 36 | — | — | 2,777 Direct | +1.31% | Acquired | (price as of 2026-08-20) |
| Aug. 12, 2011 | ARLP | A | 35 | — | — | 2,741 Direct | +1.29% | Acquired | (price as of 2026-08-20) |
| May 13, 2011 | ARLP | A | 32 | — | — | 2,706 Direct | +1.20% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2011 | ARLP | A | 32 | — | — | 2,674 Direct | +1.21% | Acquired | (price as of 2026-08-20) |
| Feb. 11, 2011 | ARLP | M | 5,800 | — | — | 9,471 Direct | +158.00% | Acquired | (price as of 2026-08-20) |
| Feb. 11, 2011 | ARLP | F | 2,043 | $72.14 | $147,382 | 7,428 Direct | -21.57% | Disposed | -27.0% (price as of 2026-08-20) |
| Feb. 11, 2011 | ARLP | M | 5,800 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Jan. 25, 2011 | ARLP | A | 433 | — | — | 2,642 Direct | +19.60% | Acquired | (price as of 2026-08-20) |
| Jan. 25, 2011 | ARLP | A | 5,000 | — | — | 5,000 Direct | — | Acquired | (price as of 2026-08-20) |
| Nov. 12, 2010 | ARLP | A | 31 | — | — | 2,209 Direct | +1.42% | Acquired | (price as of 2026-08-20) |
| Aug. 13, 2010 | ARLP | A | 34 | — | — | 2,178 Direct | +1.59% | Acquired | (price as of 2026-08-20) |
| May 14, 2010 | ARLP | A | 36 | — | — | 2,144 Direct | +1.71% | Acquired | (price as of 2026-08-20) |
| Feb. 12, 2010 | ARLP | M | 5,800 | — | — | 5,800 Direct | — | Acquired | (price as of 2026-08-20) |
| Feb. 12, 2010 | ARLP | F | 2,129 | $38.17 | $81,264 | 3,671 Direct | -36.71% | Disposed | 38.0% (price as of 2026-08-20) |
| Feb. 12, 2010 | ARLP | M | 5,800 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Feb. 12, 2010 | ARLP | A | 41 | — | — | 2,108 Direct | +1.98% | Acquired | (price as of 2026-08-20) |
| Feb. 1, 2010 | ARLP | A | 5,742 | — | — | 5,742 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 26, 2010 | ARLP | A | 767 | — | — | 2,067 Direct | +59.00% | Acquired | (price as of 2026-08-20) |
| Nov. 13, 2009 | ARLP | A | 28 | — | — | 1,418 Direct | +2.01% | Acquired | (price as of 2026-08-20) |
| Aug. 14, 2009 | ARLP | A | 29 | — | — | 1,390 Direct | +2.13% | Acquired | (price as of 2026-08-20) |
| May 15, 2009 | ARLP | A | 28 | — | — | 1,361 Direct | +2.10% | Acquired | (price as of 2026-08-20) |
| Feb. 13, 2009 | ARLP | A | 30 | — | — | 1,333 Direct | +2.30% | Acquired | (price as of 2026-08-20) |
| Jan. 27, 2009 | ARLP | A | 1,061 | — | — | 1,303 Direct | +438.43% | Acquired | (price as of 2026-08-20) |
| Nov. 14, 2008 | ARLP | A | 6 | — | — | 242 Direct | +2.54% | Acquired | (price as of 2026-08-20) |
| Oct. 28, 2008 | ARLP | A | 7,125 | — | — | 7,125 Direct | — | Acquired | (price as of 2026-08-20) |
| Aug. 14, 2008 | ARLP | A | 4 | — | — | 236 Direct | +1.72% | Acquired | (price as of 2026-08-20) |
| May 15, 2008 | ARLP | A | 4 | — | — | 232 Direct | +1.75% | Acquired | (price as of 2026-08-20) |
| Feb. 14, 2008 | ARLP | A | 4 | — | — | 228 Direct | +1.79% | Acquired | (price as of 2026-08-20) |
| Jan. 29, 2008 | ARLP | A | 224 | — | — | 224 Direct | — | Acquired | (price as of 2026-08-20) |
| Jan. 29, 2008 | ARLP | A | 5,800 | — | — | 5,800 Direct | — | Acquired | (price as of 2026-08-20) |
P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding
Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.
Derivative holdings (Form 4 Table II)
Options, RSUs and convertible securities reported on Form 4 Table II.
| Date | Ticker | Security | Underlying | Exercise price | Expiration | Shares | A/D |
|---|---|---|---|---|---|---|---|
| Aug. 12, 2022 | ARLP | Phantom unit | Common unit (1,208) | — | — | 1,208 | Acquired |
| May 13, 2022 | ARLP | Phantom unit | Common unit (1,266) | — | — | 1,266 | Acquired |
| Feb. 14, 2022 | ARLP | Phantom unit | Common unit (1,205) | — | — | 1,205 | Acquired |
| Jan. 26, 2022 | ARLP | Phantom unit | Common unit (1,469) | — | — | 1,469 | Acquired |
| Nov. 12, 2021 | ARLP | Phantom unit | Common unit (1,094) | — | — | 1,094 | Acquired |
| Aug. 13, 2021 | ARLP | Phantom unit | Common unit (786) | — | — | 786 | Acquired |
| May 14, 2021 | ARLP | Phantom unit | Common unit (1,034) | — | — | 1,034 | Acquired |
| Jan. 27, 2021 | ARLP | Phantom unit | Common unit (16,558) | — | — | 16,558 | Acquired |
| Dec. 18, 2020 | ARLP | Restricted unit | Common unit (30,371) | — | — | 30,371 | Disposed |
| Dec. 17, 2020 | ARLP | Restricted unit | Common unit (33,818) | — | — | 33,818 | Acquired |
| Feb. 14, 2020 | ARLP | Phantom unit | Common unit (1,977) | — | — | 1,977 | Acquired |
| Feb. 10, 2020 | ARLP | Restricted unit | Common units (25,275) | — | — | 25,275 | Disposed |
| Feb. 5, 2020 | ARLP | Restricted unit | Common unit (54,260) | — | — | 54,260 | Acquired |
| Jan. 22, 2020 | ARLP | Phantom unit | Common unit (5,949) | — | — | 5,949 | Acquired |
| Nov. 14, 2019 | ARLP | Phantom unit | Common unit (1,558) | — | — | 1,558 | Acquired |
| Aug. 14, 2019 | ARLP | Phantom unit | Common unit (1,109) | — | — | 1,109 | Acquired |
| May 15, 2019 | ARLP | Phantom unit | Common unit (931) | — | — | 931 | Acquired |
| Feb. 14, 2019 | ARLP | Phantom unit | Common unit (875) | — | — | 875 | Acquired |
| Feb. 8, 2019 | ARLP | Restricted unit | Common units (47,200) | — | — | 47,200 | Disposed |
| Feb. 4, 2019 | ARLP | Restricted unit | Common unit (33,818) | — | — | 33,818 | Acquired |
| Jan. 23, 2019 | ARLP | Phantom unit | Common unit (2,265) | — | — | 2,265 | Acquired |
| Nov. 14, 2018 | ARLP | Phantom unit | Common unit (776) | — | — | 776 | Acquired |
| Aug. 14, 2018 | ARLP | Phantom unit | Common unit (730) | — | — | 730 | Acquired |
| May 15, 2018 | ARLP | Phantom unit | Common unit (791) | — | — | 791 | Acquired |
| Feb. 14, 2018 | ARLP | Phantom unit | Common unit (702) | — | — | 702 | Acquired |
| Feb. 8, 2018 | ARLP | Restricted unit | Common units (15,719) | — | — | 15,719 | Disposed |
| Feb. 2, 2018 | ARLP | Restricted unit | Common unit (30,371) | — | — | 30,371 | Acquired |
| Jan. 24, 2018 | ARLP | Phantom unit | Common unit (2,443) | — | — | 2,443 | Acquired |
| Nov. 14, 2017 | ARLP | Phantom unit | Common unit (617) | — | — | 617 | Acquired |
| Aug. 14, 2017 | ARLP | Phantom unit | Common unit (596) | — | — | 596 | Acquired |
| May 15, 2017 | ARLP | Phantom unit | Common unit (430) | — | — | 430 | Acquired |
| Feb. 14, 2017 | ARLP | Phantom unit | Common unit (407) | — | — | 407 | Acquired |
| Feb. 8, 2017 | ARLP | Restricted unit | Common units (19,118) | — | — | 19,118 | Disposed |
| Feb. 3, 2017 | ARLP | Restricted unit | Common unit (25,275) | — | — | 25,275 | Acquired |
| Jan. 25, 2017 | ARLP | Phantom unit | Common unit (1,665) | — | — | 1,665 | Acquired |
| Nov. 14, 2016 | ARLP | Phantom unit | Common unit (366) | — | — | 366 | Acquired |
| May 15, 2014 | ARLP | Phantom unit | Common unit (71) | — | — | 71 | Acquired |
| Feb. 15, 2013 | ARLP | Restricted unit | Common units (5,742) | — | — | 5,742 | Disposed |
| Feb. 14, 2013 | ARLP | Phantom unit | Common unit (78) | — | — | 78 | Acquired |
| Feb. 6, 2013 | ARLP | Restricted unit | Common unit (7,850) | — | — | 7,850 | Acquired |
| Jan. 23, 2013 | ARLP | Phantom unit | Common unit (826) | — | — | 826 | Acquired |
| Nov. 14, 2012 | ARLP | Phantom unit | Common unit (63) | — | — | 63 | Acquired |
| Aug. 14, 2012 | ARLP | Phantom unit | Common unit (60) | — | — | 60 | Acquired |
| May 15, 2012 | ARLP | Phantom unit | Common unit (58) | — | — | 58 | Acquired |
| Feb. 14, 2012 | ARLP | Phantom unit | Common unit (44) | — | — | 44 | Acquired |
| Feb. 14, 2012 | ARLP | Restricted unit | Common units (7,125) | — | — | 7,125 | Disposed |
| Feb. 6, 2012 | ARLP | Restricted unit | Common unit (6,440) | — | — | 6,440 | Acquired |
| Jan. 26, 2012 | ARLP | Phantom unit | Common unit (607) | — | — | 607 | Acquired |
| Nov. 14, 2011 | ARLP | Phantom unit | Common unit (36) | — | — | 36 | Acquired |
| Aug. 12, 2011 | ARLP | Phantom unit | Common unit (35) | — | — | 35 | Acquired |
| May 13, 2011 | ARLP | Phantom unit | Common unit (32) | — | — | 32 | Acquired |
| Feb. 14, 2011 | ARLP | Phantom unit | Common unit (32) | — | — | 32 | Acquired |
| Feb. 11, 2011 | ARLP | Restricted unit | Common units (5,800) | — | — | 5,800 | Disposed |
| Jan. 25, 2011 | ARLP | Phantom unit | Common unit (433) | — | — | 433 | Acquired |
| Jan. 25, 2011 | ARLP | Restricted unit | Common unit (5,000) | — | — | 5,000 | Acquired |
| Nov. 12, 2010 | ARLP | Phantom unit | Common unit (31) | — | — | 31 | Acquired |
| Aug. 13, 2010 | ARLP | Phantom unit | Common unit (34) | — | — | 34 | Acquired |
| May 14, 2010 | ARLP | Phantom unit | Common unit (36) | — | — | 36 | Acquired |
| Feb. 12, 2010 | ARLP | Restricted unit | Common unit (5,800) | — | — | 5,800 | Disposed |
| Feb. 12, 2010 | ARLP | Phantom unit | Common unit (41) | — | — | 41 | Acquired |
| Feb. 1, 2010 | ARLP | Restricted unit | Common unit (5,742) | — | — | 5,742 | Acquired |
| Jan. 26, 2010 | ARLP | Phantom unit | Common unit (767) | — | — | 767 | Acquired |
| Nov. 13, 2009 | ARLP | Phantom unit | Common unit (28) | — | — | 28 | Acquired |
| Aug. 14, 2009 | ARLP | Phantom unit | Common unit (29) | — | — | 29 | Acquired |
| May 15, 2009 | ARLP | Phantom unit | Common unit (28) | — | — | 28 | Acquired |
| Feb. 13, 2009 | ARLP | Phantom unit | Common unit (30) | — | — | 30 | Acquired |
| Jan. 27, 2009 | ARLP | Phantom unit | Common unit (1,061) | — | — | 1,061 | Acquired |
| Nov. 14, 2008 | ARLP | Phantom unit | Common unit (6) | — | — | 6 | Acquired |
| Oct. 28, 2008 | ARLP | Restricted unit | Common unit (7,125) | — | — | 7,125 | Acquired |
| Aug. 14, 2008 | ARLP | Phantom unit | Common unit (4) | — | — | 4 | Acquired |
| May 15, 2008 | ARLP | Phantom unit | Common unit (4) | — | — | 4 | Acquired |
| Feb. 14, 2008 | ARLP | Phantom unit | Common unit (4) | — | — | 4 | Acquired |
| Jan. 29, 2008 | ARLP | Phantom unit | Common unit (224) | — | — | 224 | Acquired |
| Jan. 29, 2008 | ARLP | Restricted unit | Common unit (5,800) | — | — | 5,800 | Acquired |
Exercise/conversion price is blank when not applicable (e.g. RSUs).
Initial ownership (Form 3) 1 holding
Securities held when first becoming an insider, per SEC Form 3.
| Date | Ticker | Security | Shares | Ownership |
|---|---|---|---|---|
| Feb. 15, 2007 | ARLP | Restricted units→ Common units (5,800) | 5,800 | Direct |
Compensation (DEF 14A)
Matched by name from proxy statements (DEF 14A) — verify against the filing.
| Fiscal year | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension change | Other | Total |
|---|---|---|---|---|---|---|---|---|
| 2021 | $351,635 | — | — | — | — | — | — | $1,480,797 |
| 2008 | $236,369 | $70,000 | — | — | $180,000 | — | $80,846 | $716,555 |
Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.