Peter Altabef
CIK 1199359 · View on SEC EDGAR ↗
First SEC filing: March 2, 2021 · Latest: March 2, 2021
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
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 |
|---|---|---|---|---|---|---|---|---|---|
| May 11, 2026 | NI | A | 3,807 | $47.03 | $179,043 | 56,615 Direct | +7.21% | Acquired | -10.8% (price as of 2026-08-19) |
| Feb. 27, 2026 | UIS | A | 82,305 | — | — | 1,454,013 Direct | +6.00% | Acquired | (price as of 2026-08-19) |
| May 12, 2025 | NI | A | 4,541 | $38.32 | $174,011 | 52,675 Direct | +9.43% | Acquired | 9.5% (price as of 2026-08-19) |
| April 1, 2025 | UIS | A | 44,248 | — | — | 1,371,708 Direct | +3.33% | Acquired | (price as of 2026-08-19) |
| March 31, 2025 | UIS | F | 27,406 | $4.59 | $125,794 | 1,327,460 Direct | -2.02% | Disposed | -40.7% (price as of 2026-08-19) |
| March 31, 2025 | UIS | F | 49,183 | $4.59 | $225,750 | 1,354,866 Direct | -3.50% | Disposed | -40.7% (price as of 2026-08-19) |
| Feb. 28, 2025 | UIS | F | 27,406 | $4.31 | $118,120 | 1,404,049 Direct | -1.91% | Disposed | -36.9% (price as of 2026-08-19) |
| Feb. 28, 2025 | UIS | F | 15,555 | $4.31 | $67,042 | 1,431,455 Direct | -1.07% | Disposed | -36.9% (price as of 2026-08-19) |
| Feb. 26, 2025 | UIS | F | 24,591 | $4.41 | $108,446 | 1,447,010 Direct | -1.67% | Disposed | -38.3% (price as of 2026-08-19) |
| Feb. 26, 2025 | UIS | F | 32,184 | $4.41 | $141,931 | 1,471,601 Direct | -2.14% | Disposed | -38.3% (price as of 2026-08-19) |
| Feb. 25, 2025 | UIS | F | 6,365 | $4.30 | $27,370 | 1,503,785 Direct | -0.42% | Disposed | -36.7% (price as of 2026-08-19) |
| Feb. 11, 2025 | UIS | A | 81,790 | — | — | 1,510,150 Direct | +5.73% | Acquired | (price as of 2026-08-19) |
| Feb. 11, 2025 | UIS | A | 39,530 | — | — | 1,428,360 Direct | +2.85% | Acquired | (price as of 2026-08-19) |
| May 13, 2024 | NI | A | 6,042 | $28.80 | $174,010 | 47,941 Direct | +14.42% | Acquired | 45.7% (price as of 2026-08-19) |
| Feb. 28, 2024 | UIS | F | 41,069 | $5.28 | $216,844 | 1,388,830 Direct | -2.87% | Disposed | -48.5% (price as of 2026-08-19) |
| Feb. 26, 2024 | UIS | A | 187,483 | — | — | 1,429,899 Direct | +15.09% | Acquired | (price as of 2026-08-19) |
| Feb. 26, 2024 | UIS | F | 5,323 | $5.55 | $29,543 | 1,242,416 Direct | -0.43% | Disposed | -51.0% (price as of 2026-08-19) |
| Feb. 25, 2024 | UIS | F | 6,365 | $5.25 | $33,416 | 1,247,739 Direct | -0.51% | Disposed | -48.2% (price as of 2026-08-19) |
| Feb. 12, 2024 | UIS | A | 34,722 | — | — | 971,021 Direct | +3.71% | Acquired | (price as of 2026-08-19) |
| May 23, 2023 | NI | A | 6,031 | $27.36 | $165,008 | 41,721 Direct | +16.90% | Acquired | 53.4% (price as of 2026-08-19) |
| May 24, 2022 | NI | A | 5,282 | $31.24 | $165,010 | 35,504 Direct | +17.48% | Acquired | 34.3% (price as of 2026-08-19) |
| May 25, 2021 | NI | A | 5,922 | $25.33 | $150,004 | 30,023 Direct | +24.57% | Acquired | 65.7% (price as of 2026-08-19) |
| Feb. 26, 2021 | UIS | A | 65,581 | — | — | 65,581 Direct | — | Acquired | (price as of 2026-08-19) |
| Feb. 26, 2021 | UIS | M | 30,065 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 26, 2021 | UIS | M | 30,065 | — | — | 60,132 Direct | -33.33% | Disposed | (price as of 2026-08-19) |
| Feb. 26, 2021 | UIS | F | 18,551 | $24.55 | $455,427 | 754,795 Direct | -2.40% | Disposed | -88.9% (price as of 2026-08-19) |
| Feb. 26, 2021 | UIS | M | 47,145 | — | — | 773,346 Direct | +6.49% | Acquired | (price as of 2026-08-19) |
| Feb. 26, 2021 | UIS | F | 11,830 | $24.55 | $290,426 | 726,201 Direct | -1.60% | Disposed | -88.9% (price as of 2026-08-19) |
| Feb. 26, 2021 | UIS | M | 30,065 | — | — | 738,031 Direct | +4.25% | Acquired | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 38,889 | — | — | 38,889 Direct | -50.00% | Disposed | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 38,889 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 49,855 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 49,855 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | F | 14,739 | $26.30 | $387,636 | 707,966 Direct | -2.04% | Disposed | -89.7% (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 37,458 | — | — | 722,705 Direct | +5.47% | Acquired | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | F | 15,302 | $26.30 | $402,443 | 685,247 Direct | -2.18% | Disposed | -89.7% (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 38,889 | — | — | 700,549 Direct | +5.88% | Acquired | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | F | 21,524 | $26.30 | $566,081 | 661,660 Direct | -3.15% | Disposed | -89.7% (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 69,090 | — | — | 683,184 Direct | +11.25% | Acquired | (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | F | 19,617 | $26.30 | $515,927 | 614,094 Direct | -3.10% | Disposed | -89.7% (price as of 2026-08-19) |
| Feb. 12, 2021 | UIS | M | 49,855 | — | — | 633,711 Direct | +8.54% | Acquired | (price as of 2026-08-19) |
| Jan. 1, 2021 | UIS | A | 49,855 | — | — | 0 Direct | — | Acquired | (price as of 2026-08-19) |
| Jan. 1, 2021 | UIS | A | 38,889 | — | — | 0 Direct | — | Acquired | (price as of 2026-08-19) |
| Jan. 1, 2021 | UIS | A | 30,065 | — | — | 0 Direct | — | Acquired | (price as of 2026-08-19) |
| May 19, 2020 | NI | A | 5,965 | $23.05 | $137,493 | 23,835 Direct | +33.38% | Acquired | 82.0% (price as of 2026-08-19) |
| Feb. 28, 2020 | UIS | A | 90,197 | — | — | 90,197 Direct | — | Acquired | (price as of 2026-08-19) |
| Feb. 25, 2020 | UIS | M | 36,250 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 25, 2020 | UIS | F | 14,417 | $15.82 | $228,077 | 583,856 Direct | -2.41% | Disposed | -82.8% (price as of 2026-08-19) |
| Feb. 25, 2020 | UIS | M | 36,638 | — | — | 598,273 Direct | +6.52% | Acquired | (price as of 2026-08-19) |
| Feb. 20, 2020 | UIS | M | 38,889 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 20, 2020 | UIS | M | 49,855 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 20, 2020 | UIS | F | 7,555 | $17.85 | $134,857 | 561,635 Direct | -1.33% | Disposed | -84.8% (price as of 2026-08-19) |
| Feb. 20, 2020 | UIS | M | 19,200 | — | — | 569,190 Direct | +3.49% | Acquired | (price as of 2026-08-19) |
| Feb. 20, 2020 | UIS | F | 25,632 | $17.85 | $457,531 | 549,990 Direct | -4.45% | Disposed | -84.8% (price as of 2026-08-19) |
| Feb. 20, 2020 | UIS | M | 65,141 | — | — | 575,622 Direct | +12.76% | Acquired | (price as of 2026-08-19) |
| Feb. 14, 2020 | UIS | M | 38,889 | — | — | 77,778 Direct | -33.33% | Disposed | (price as of 2026-08-19) |
| Feb. 14, 2020 | UIS | F | 15,302 | $17.39 | $266,102 | 510,481 Direct | -2.91% | Disposed | -84.4% (price as of 2026-08-19) |
| Feb. 14, 2020 | UIS | M | 38,889 | — | — | 525,783 Direct | +7.99% | Acquired | (price as of 2026-08-19) |
| Feb. 12, 2020 | UIS | M | 49,855 | — | — | 49,855 Direct | -50.00% | Disposed | (price as of 2026-08-19) |
| Feb. 12, 2020 | UIS | F | 19,617 | $16.94 | $332,312 | 486,894 Direct | -3.87% | Disposed | -83.9% (price as of 2026-08-19) |
| Feb. 12, 2020 | UIS | M | 49,855 | — | — | 506,511 Direct | +10.92% | Acquired | (price as of 2026-08-19) |
| Feb. 7, 2020 | UIS | M | 36,250 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 7, 2020 | UIS | F | 14,310 | $16.48 | $235,829 | 456,656 Direct | -3.04% | Disposed | -83.5% (price as of 2026-08-19) |
| Feb. 7, 2020 | UIS | M | 36,250 | — | — | 470,966 Direct | +8.34% | Acquired | (price as of 2026-08-19) |
| Jan. 1, 2020 | UIS | A | 49,855 | — | — | 0 Direct | — | Acquired | (price as of 2026-08-19) |
| Jan. 1, 2020 | UIS | A | 38,889 | — | — | 0 Direct | — | Acquired | (price as of 2026-08-19) |
| May 7, 2019 | NI | A | 4,957 | $27.74 | $137,507 | 17,723 Direct | +38.83% | Acquired | 51.3% (price as of 2026-08-19) |
| Feb. 15, 2019 | UIS | A | 116,667 | — | — | 116,667 Direct | — | Acquired | (price as of 2026-08-19) |
| Feb. 13, 2019 | UIS | M | 36,250 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 13, 2019 | UIS | M | 47,509 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 13, 2019 | UIS | F | 16,020 | $14.46 | $231,649 | 434,716 Direct | -3.55% | Disposed | -81.2% (price as of 2026-08-19) |
| Feb. 13, 2019 | UIS | M | 40,713 | — | — | 450,736 Direct | +9.93% | Acquired | (price as of 2026-08-19) |
| Feb. 13, 2019 | UIS | F | 16,492 | $14.46 | $238,474 | 410,023 Direct | -3.87% | Disposed | -81.2% (price as of 2026-08-19) |
| Feb. 13, 2019 | UIS | M | 41,913 | — | — | 426,515 Direct | +10.90% | Acquired | (price as of 2026-08-19) |
| Feb. 12, 2019 | UIS | M | 49,855 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 12, 2019 | UIS | M | 49,855 | — | — | 99,710 Direct | -33.33% | Disposed | (price as of 2026-08-19) |
| Feb. 12, 2019 | UIS | F | 39,235 | $12.61 | $494,753 | 384,602 Direct | -9.26% | Disposed | -78.4% (price as of 2026-08-19) |
| Feb. 12, 2019 | UIS | M | 99,710 | — | — | 423,837 Direct | +30.76% | Acquired | (price as of 2026-08-19) |
| Feb. 12, 2019 | UIS | F | 19,617 | $12.61 | $247,370 | 324,127 Direct | -5.71% | Disposed | -78.4% (price as of 2026-08-19) |
| Feb. 12, 2019 | UIS | M | 49,855 | — | — | 343,744 Direct | +16.96% | Acquired | (price as of 2026-08-19) |
| Feb. 11, 2019 | UIS | M | 47,509 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 11, 2019 | UIS | F | 12,095 | $12.29 | $148,648 | 293,889 Direct | -3.95% | Disposed | -77.9% (price as of 2026-08-19) |
| Feb. 11, 2019 | UIS | M | 47,509 | — | — | 305,984 Direct | +18.38% | Acquired | (price as of 2026-08-19) |
| Feb. 8, 2019 | UIS | M | 36,250 | — | — | 36,250 Direct | -50.00% | Disposed | (price as of 2026-08-19) |
| Feb. 8, 2019 | UIS | F | 8,831 | $12.67 | $111,889 | 258,475 Direct | -3.30% | Disposed | -78.5% (price as of 2026-08-19) |
| Feb. 8, 2019 | UIS | M | 36,250 | — | — | 267,306 Direct | +15.69% | Acquired | (price as of 2026-08-19) |
| Jan. 1, 2019 | UIS | A | 49,855 | — | — | 0 Direct | — | Acquired | (price as of 2026-08-19) |
| May 8, 2018 | NI | A | 5,478 | $25.10 | $137,498 | 12,599 Direct | +76.93% | Acquired | 67.2% (price as of 2026-08-19) |
| Feb. 12, 2018 | UIS | A | 149,565 | — | — | 149,565 Direct | — | Acquired | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 36,249 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 47,510 | — | — | 47,509 Direct | -50.00% | Disposed | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 36,249 | — | — | 72,500 Direct | -33.33% | Disposed | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 47,510 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 23,333 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | F | 18,671 | $9.90 | $184,843 | 231,056 Direct | -7.48% | Disposed | -72.5% (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 47,450 | — | — | 249,727 Direct | +23.46% | Acquired | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | F | 18,695 | $9.90 | $185,080 | 202,277 Direct | -8.46% | Disposed | -72.5% (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 47,510 | — | — | 220,972 Direct | +27.39% | Acquired | (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | F | 14,263 | $9.90 | $141,204 | 173,462 Direct | -7.60% | Disposed | -72.5% (price as of 2026-08-19) |
| Feb. 9, 2018 | UIS | M | 36,249 | — | — | 187,725 Direct | +23.93% | Acquired | (price as of 2026-08-19) |
Showing latest 100 of 134 transactions
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 |
|---|---|---|---|---|---|---|---|
| Feb. 26, 2021 | UIS | Restricted Stock Units | Common Stock (65,581) | — | — | 65,581 | Acquired |
| Feb. 26, 2021 | UIS | Restricted Stock Units | Common Stock (47,145) | — | — | 30,065 | Disposed |
| Feb. 26, 2021 | UIS | Restricted Stock Units | Common Stock (30,065) | — | — | 30,065 | Disposed |
| Feb. 12, 2021 | UIS | Restricted Stock Units | Common Stock (38,889) | — | — | 38,889 | Disposed |
| Feb. 12, 2021 | UIS | Restricted Stock Units | Common Stock (37,458) | — | — | 38,889 | Disposed |
| Feb. 12, 2021 | UIS | Restricted Stock Units | Common Stock (69,090) | — | — | 49,855 | Disposed |
| Feb. 12, 2021 | UIS | Restricted Stock Units | Common Stock (49,855) | — | — | 49,855 | Disposed |
| Jan. 1, 2021 | UIS | Restricted Stock Units | Common Stock (69,089) | — | — | 49,855 | Acquired |
| Jan. 1, 2021 | UIS | Restricted Stock Units | Common Stock (37,458) | — | — | 38,889 | Acquired |
| Jan. 1, 2021 | UIS | Restricted Stock Units | Common Stock (47,145) | — | — | 30,065 | Acquired |
| Feb. 28, 2020 | UIS | Restricted Stock Units | Common Stock (90,197) | — | — | 90,197 | Acquired |
| Feb. 25, 2020 | UIS | Restricted Stock Units | Common Stock (36,638) | — | — | 36,250 | Disposed |
| Feb. 20, 2020 | UIS | Restricted Stock Units | Common Stock (19,200) | — | — | 38,889 | Disposed |
| Feb. 20, 2020 | UIS | Restricted Stock Units | Common Stock (65,141) | — | — | 49,855 | Disposed |
| Feb. 14, 2020 | UIS | Restricted Stock Units | Common Stock (38,889) | — | — | 38,889 | Disposed |
| Feb. 12, 2020 | UIS | Restricted Stock Units | Common Stock (49,855) | — | — | 49,855 | Disposed |
| Feb. 7, 2020 | UIS | Restricted Stock Units | Common Stock (36,250) | — | — | 36,250 | Disposed |
| Jan. 1, 2020 | UIS | Restricted Stock Units | Common Stock (65,141) | — | — | 49,855 | Acquired |
| Jan. 1, 2020 | UIS | Restricted Stock Units | Common Stock (19,199) | — | — | 38,889 | Acquired |
| Feb. 15, 2019 | UIS | Restricted Stock Units | Common Stock (116,667) | — | — | 116,667 | Acquired |
| Feb. 13, 2019 | UIS | Restricted Stock Units | Common Stock (40,713) | — | — | 36,250 | Disposed |
| Feb. 13, 2019 | UIS | Restricted Stock Units | Common Stock (41,913) | — | — | 47,509 | Disposed |
| Feb. 12, 2019 | UIS | Restricted Stock Units | Common Stock (99,710) | — | — | 49,855 | Disposed |
| Feb. 12, 2019 | UIS | Restricted Stock Units | Common Stock (49,855) | — | — | 49,855 | Disposed |
| Feb. 11, 2019 | UIS | Restricted Stock Units | Common Stock (47,509) | — | — | 47,509 | Disposed |
| Feb. 8, 2019 | UIS | Restricted Stock Units | Common Stock (36,250) | — | — | 36,250 | Disposed |
| Jan. 1, 2019 | UIS | Restricted Stock Units | Common Stock (99,710) | — | — | 49,855 | Acquired |
| Feb. 12, 2018 | UIS | Restricted Stock Units | Common Stock (149,565) | — | — | 149,565 | Acquired |
| Feb. 9, 2018 | UIS | Restricted Stock Units | Common Stock (47,450) | — | — | 36,249 | Disposed |
| Feb. 9, 2018 | UIS | Restricted Stock Units | Common Stock (47,510) | — | — | 47,510 | Disposed |
| Feb. 9, 2018 | UIS | Restricted Stock Units | Common Stock (36,249) | — | — | 36,249 | Disposed |
| Feb. 9, 2018 | UIS | Restricted Stock Units | Common Stock (41,239) | — | — | 47,510 | Disposed |
| Feb. 9, 2018 | UIS | Restricted Stock Units | Common Stock (21,280) | — | — | 23,333 | Disposed |
| Jan. 5, 2018 | UIS | Restricted Stock Units [F1] | Common Stock (10,000) | $0.00 | — | 10,000 | Disposed |
| Feb. 10, 2017 | UIS | Restricted Stock Units | Common Stock (47,511) | — | — | 47,511 | Disposed |
| Feb. 10, 2017 | UIS | Restricted Stock Units | Common Stock (45,564) | — | — | 47,511 | Disposed |
| Feb. 9, 2017 | UIS | Restricted Stock Units | Common Stock (108,749) | — | — | 108,749 | Acquired |
| Feb. 6, 2017 | UIS | Restricted Stock Units | Common Stock (28,793) | — | — | 28,793 | Disposed |
| Feb. 3, 2017 | UIS | Restricted Stock Units | Common Stock (45,564) | — | — | 47,511 | Acquired |
| Feb. 3, 2017 | UIS | Restricted Stock Units | Common Stock (28,793) | — | — | 23,333 | Acquired |
| Jan. 5, 2017 | UIS | Restricted Stock Units [F1] | Common Stock (10,000) | $0.00 | — | 10,000 | Disposed |
| Feb. 11, 2016 | UIS | Restricted Stock Units | Common Stock (142,530) | — | — | 142,530 | Acquired |
| Feb. 5, 2016 | UIS | Restricted Stock Units | Common Stock (25,015) | — | — | 23,334 | Disposed |
| Feb. 1, 2016 | UIS | Restricted Stock Units | Common Stock (25,015) | — | — | 23,334 | Acquired |
| Jan. 5, 2016 | UIS | Restricted Stock Units [F1] | Common Stock (10,000) | $0.00 | — | 10,000 | Disposed |
| Jan. 5, 2015 | UIS | Stock Option (Right to Buy) | Common Stock (140,000) | $28.19 | Jan. 5, 2020 | 140,000 | Acquired |
| Jan. 5, 2015 | UIS | Restricted Stock Units [F1] | Common Stock (30,000) | $0.00 | — | 30,000 | 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 |
|---|---|---|---|---|
| Jan. 7, 2015 | UIS | No Securities Owned | 0 | Direct |
Compensation (DEF 14A)
Matched by name from proxy statements (DEF 14A) — verify against the filing.
UIS
Former CEO| Fiscal year | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension change | Other | Total |
|---|---|---|---|---|---|---|---|---|
| 2025 | $375,619 | — | — | — | $1,001,514 | — | $4,415,636 | $5,992,770 |
| 2024 | $991,000 | — | — | — | $3,684,261 | — | $17,631 | $6,881,762 |
| 2023 | $991,000 | — | — | — | $2,869,362 | — | $23,463 | $6,133,408 |
Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.