William M Furrer
Insider
First SEC filing: March 19, 2014 · Latest: March 19, 2014
Insider at
Insider transactions
0 buys (P)
0 sells (S)
Net: $0
Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted
| Date | Ticker | Code | Shares | Price | Value | Owned after | Δ own | A/D | vs now |
|---|---|---|---|---|---|---|---|---|---|
| July 13, 2020 | QTWO | M | 4,312 | $19.26 | $83,049 | 87,385 Direct | +5.19% | Acquired | 198.6% (price as of 2026-10-05) |
| July 13, 2020 | QTWO | M | 8,500 | $35.80 | $304,300 | 95,885 Direct | +9.73% | Acquired | 60.6% (price as of 2026-10-05) |
| July 13, 2020 | QTWO | S 10b5-1 | 18,712 | $90.72 | $1,697,553 | 77,173 Direct | -19.52% | Disposed | -36.6% (price as of 2026-10-05) |
| July 13, 2020 | QTWO | M | 4,312 | · | · | 1,438 Direct | -74.99% | Disposed | (price as of 2026-10-05) |
| July 13, 2020 | QTWO | M | 8,500 | · | · | 27,740 Direct | -23.45% | Disposed | (price as of 2026-10-05) |
| March 13, 2020 | QTWO | A | 13,616 | · | · | 69,457 Direct | +24.38% | Acquired | (price as of 2026-10-05) |
| March 13, 2020 | QTWO | A | 13,616 | · | · | 83,073 Direct | +19.60% | Acquired | (price as of 2026-10-05) |
| March 10, 2020 | QTWO | S 10b5-1 | 11,989 | $66.76 | $800,386 | 55,841 Direct | -17.68% | Disposed | -13.9% (price as of 2026-10-05) |
| March 4, 2020 | QTWO | S 10b5-1 | 8,991 | $73.97 | $665,064 | 67,830 Direct | -11.70% | Disposed | -22.3% (price as of 2026-10-05) |
| Feb. 21, 2020 | QTWO | S 10b5-1 | 4,932 | $85.86 | $423,462 | 76,821 Direct | -6.03% | Disposed | -33.0% (price as of 2026-10-05) |
| Feb. 18, 2020 | QTWO | S 10b5-1 | 3,450 | $87.00 | $300,150 | 81,753 Direct | -4.05% | Disposed | -33.9% (price as of 2026-10-05) |
| Dec. 16, 2019 | QTWO | M | 1,125 | $20.19 | $22,714 | 82,467 Direct | +1.38% | Acquired | 184.8% (price as of 2026-10-05) |
| Dec. 16, 2019 | QTWO | M | 4,012 | $19.26 | $77,271 | 86,479 Direct | +4.86% | Acquired | 198.6% (price as of 2026-10-05) |
| Dec. 16, 2019 | QTWO | F | 1,276 | $78.44 | $100,089 | 85,203 Direct | -1.48% | Disposed | -26.7% (price as of 2026-10-05) |
| Dec. 16, 2019 | QTWO | M | 1,125 | · | · | 0 Direct | -100.00% | Disposed | (price as of 2026-10-05) |
| Dec. 16, 2019 | QTWO | M | 4,012 | · | · | 5,750 Direct | -41.10% | Disposed | (price as of 2026-10-05) |
| July 1, 2019 | QTWO | M | 301 | $19.26 | $5,797 | 81,643 Direct | +0.37% | Acquired | 198.6% (price as of 2026-10-05) |
| July 1, 2019 | QTWO | M | 13,000 | $35.80 | $465,400 | 94,643 Direct | +15.92% | Acquired | 60.6% (price as of 2026-10-05) |
| July 1, 2019 | QTWO | S 10b5-1 | 13,301 | $76.18 | $1,013,270 | 81,342 Direct | -14.05% | Disposed | -24.5% (price as of 2026-10-05) |
| July 1, 2019 | QTWO | M | 301 | · | · | 9,762 Direct | -2.99% | Disposed | (price as of 2026-10-05) |
| July 1, 2019 | QTWO | M | 13,000 | · | · | 36,240 Direct | -26.40% | Disposed | (price as of 2026-10-05) |
| May 24, 2019 | QTWO | M | 2,875 | $19.26 | $55,372 | 84,217 Direct | +3.53% | Acquired | 198.6% (price as of 2026-10-05) |
| May 24, 2019 | QTWO | M | 17,694 | $20.19 | $357,242 | 101,911 Direct | +21.01% | Acquired | 184.8% (price as of 2026-10-05) |
| May 24, 2019 | QTWO | S 10b5-1 | 20,569 | $73.21 | $1,505,856 | 81,342 Direct | -20.18% | Disposed | -21.4% (price as of 2026-10-05) |
| May 24, 2019 | QTWO | M | 2,875 | · | · | 10,063 Direct | -22.22% | Disposed | (price as of 2026-10-05) |
| May 24, 2019 | QTWO | M | 17,694 | · | · | 1,125 Direct | -94.02% | Disposed | (price as of 2026-10-05) |
| March 12, 2019 | QTWO | S 10b5-1 | 6,333 | $68.83 | $435,900 | 81,342 Direct | -7.22% | Disposed | -16.4% (price as of 2026-10-05) |
| March 6, 2019 | QTWO | A | 16,967 | · | · | 70,708 Direct | +31.57% | Acquired | (price as of 2026-10-05) |
| March 6, 2019 | QTWO | A | 16,967 | · | · | 87,675 Direct | +24.00% | Acquired | (price as of 2026-10-05) |
| March 4, 2019 | QTWO | S 10b5-1 | 4,750 | $68.03 | $323,142 | 53,741 Direct | -8.12% | Disposed | -15.5% (price as of 2026-10-05) |
| Feb. 21, 2019 | QTWO | S 10b5-1 | 7,683 | $65.30 | $501,700 | 58,491 Direct | -11.61% | Disposed | -11.9% (price as of 2026-10-05) |
| Feb. 19, 2019 | QTWO | S 10b5-1 | 3,450 | $64.98 | $224,181 | 66,174 Direct | -4.96% | Disposed | -11.5% (price as of 2026-10-05) |
| Oct. 2, 2018 | QTWO | M | 10,062 | $19.26 | $193,794 | 79,686 Direct | +14.45% | Acquired | 198.6% (price as of 2026-10-05) |
| Oct. 2, 2018 | QTWO | S 10b5-1 | 10,062 | $56.58 | $569,308 | 69,624 Direct | -12.63% | Disposed | 1.6% (price as of 2026-10-05) |
| Oct. 2, 2018 | QTWO | M | 10,062 | · | · | 12,938 Direct | -43.75% | Disposed | (price as of 2026-10-05) |
| Sept. 12, 2018 | QTWO | G | 627 | · | · | 69,624 Direct | -0.89% | Disposed | (price as of 2026-10-05) |
| Sept. 11, 2018 | QTWO | M | 2,344 | $8.35 | $19,572 | 67,826 Direct | +3.58% | Acquired | 588.8% (price as of 2026-10-05) |
| Sept. 11, 2018 | QTWO | M | 3,983 | $20.19 | $80,417 | 71,809 Direct | +5.87% | Acquired | 184.8% (price as of 2026-10-05) |
| Sept. 11, 2018 | QTWO | F | 1,558 | $64.20 | $100,024 | 70,251 Direct | -2.17% | Disposed | -10.4% (price as of 2026-10-05) |
| Sept. 11, 2018 | QTWO | M | 2,344 | · | · | 0 Direct | -100.00% | Disposed | (price as of 2026-10-05) |
| Sept. 11, 2018 | QTWO | M | 3,983 | · | · | 18,819 Direct | -17.47% | Disposed | (price as of 2026-10-05) |
| May 24, 2018 | QTWO | M | 16,406 | $8.35 | $136,990 | 86,888 Direct | +23.28% | Acquired | 588.8% (price as of 2026-10-05) |
| May 24, 2018 | QTWO | S 10b5-1 | 21,406 | $57.35 | $1,227,634 | 65,482 Direct | -24.64% | Disposed | 0.3% (price as of 2026-10-05) |
| May 24, 2018 | QTWO | M | 16,406 | · | · | 2,344 Direct | -87.50% | Disposed | (price as of 2026-10-05) |
| March 8, 2018 | QTWO | A | 19,000 | · | · | 51,482 Direct | +58.49% | Acquired | (price as of 2026-10-05) |
| March 8, 2018 | QTWO | A | 19,000 | · | · | 70,482 Direct | +36.91% | Acquired | (price as of 2026-10-05) |
| Feb. 21, 2018 | QTWO | S 10b5-1 | 7,682 | $43.34 | $332,938 | 32,482 Direct | -19.13% | Disposed | 32.7% (price as of 2026-10-05) |
| Feb. 20, 2018 | QTWO | S 10b5-1 | 3,450 | $44.60 | $153,870 | 40,164 Direct | -7.91% | Disposed | 28.9% (price as of 2026-10-05) |
| Jan. 2, 2018 | QTWO | S 10b5-1 | 8,000 | $37.69 | $301,520 | 43,614 Direct | -15.50% | Disposed | 52.6% (price as of 2026-10-05) |
| July 3, 2017 | QTWO | M | 4,302 | $8.35 | $35,922 | 55,916 Direct | +8.33% | Acquired | 588.8% (price as of 2026-10-05) |
| July 3, 2017 | QTWO | M | 11,500 | $19.26 | $221,490 | 67,416 Direct | +20.57% | Acquired | 198.6% (price as of 2026-10-05) |
| July 3, 2017 | QTWO | M | 4,198 | $20.19 | $84,758 | 71,614 Direct | +6.23% | Acquired | 184.8% (price as of 2026-10-05) |
| July 3, 2017 | QTWO | S 10b5-1 | 20,000 | $36.63 | $732,600 | 51,614 Direct | -27.93% | Disposed | 57.0% (price as of 2026-10-05) |
| July 3, 2017 | QTWO | M | 4,302 | $8.35 | $35,922 | 18,750 Direct | -18.66% | Disposed | 588.8% (price as of 2026-10-05) |
| July 3, 2017 | QTWO | M | 11,500 | $19.26 | $221,490 | 23,000 Direct | -33.33% | Disposed | 198.6% (price as of 2026-10-05) |
| July 3, 2017 | QTWO | M | 4,198 | $20.19 | $84,758 | 22,802 Direct | -15.55% | Disposed | 184.8% (price as of 2026-10-05) |
| May 24, 2017 | QTWO | M | 1,666 | $7.48 | $12,462 | 53,280 Direct | +3.23% | Acquired | 668.9% (price as of 2026-10-05) |
| May 24, 2017 | QTWO | M | 12,105 | $8.35 | $101,077 | 65,385 Direct | +22.72% | Acquired | 588.8% (price as of 2026-10-05) |
| May 24, 2017 | QTWO | S 10b5-1 | 13,771 | $39.92 | $549,738 | 51,614 Direct | -21.06% | Disposed | 44.1% (price as of 2026-10-05) |
| May 24, 2017 | QTWO | M | 1,666 | · | · | 0 Direct | -100.00% | Disposed | (price as of 2026-10-05) |
| May 24, 2017 | QTWO | M | 12,105 | · | · | 23,052 Direct | -34.43% | Disposed | (price as of 2026-10-05) |
| March 15, 2017 | QTWO | M | 3,334 | $7.48 | $24,938 | 56,146 Direct | +6.31% | Acquired | 668.9% (price as of 2026-10-05) |
| March 15, 2017 | QTWO | M | 4,687 | $8.35 | $39,136 | 60,833 Direct | +8.35% | Acquired | 588.8% (price as of 2026-10-05) |
| March 15, 2017 | QTWO | S | 9,219 | $35.21 | $324,601 | 51,614 Direct | -15.15% | Disposed | 63.3% (price as of 2026-10-05) |
| March 15, 2017 | QTWO | M | 3,334 | · | · | 1,666 Direct | -66.68% | Disposed | (price as of 2026-10-05) |
| March 15, 2017 | QTWO | M | 4,687 | · | · | 35,157 Direct | -11.76% | Disposed | (price as of 2026-10-05) |
| Feb. 21, 2017 | QTWO | S 10b5-1 | 2,750 | $35.68 | $98,120 | 33,082 Direct | -7.67% | Disposed | 61.2% (price as of 2026-10-05) |
| Feb. 21, 2017 | QTWO | A | 19,730 | · | · | 52,812 Direct | +59.64% | Acquired | (price as of 2026-10-05) |
| Feb. 21, 2017 | QTWO | A | 49,240 | · | · | 49,240 Direct | · | Acquired | (price as of 2026-10-05) |
| Feb. 17, 2017 | QTWO | S 10b5-1 | 3,450 | $35.74 | $123,303 | 35,832 Direct | -8.78% | Disposed | 60.9% (price as of 2026-10-05) |
| Dec. 12, 2016 | QTWO | M | 16,034 | $7.48 | $119,934 | 43,084 Direct | +59.28% | Acquired | 668.9% (price as of 2026-10-05) |
| Dec. 12, 2016 | QTWO | F | 3,802 | $31.55 | $119,953 | 39,282 Direct | -8.82% | Disposed | 82.3% (price as of 2026-10-05) |
| Dec. 12, 2016 | QTWO | M | 16,034 | · | · | 5,000 Direct | -76.23% | Disposed | (price as of 2026-10-05) |
| Nov. 15, 2016 | QTWO | M | 4,966 | $7.48 | $37,146 | 32,016 Direct | +18.36% | Acquired | 668.9% (price as of 2026-10-05) |
| Nov. 15, 2016 | QTWO | M | 5,034 | $8.35 | $42,034 | 37,050 Direct | +15.72% | Acquired | 588.8% (price as of 2026-10-05) |
| Nov. 15, 2016 | QTWO | S 10b5-1 | 10,000 | $30.05 | $300,500 | 27,050 Direct | -26.99% | Disposed | 91.4% (price as of 2026-10-05) |
| Nov. 15, 2016 | QTWO | M | 4,966 | · | · | 21,034 Direct | -19.10% | Disposed | (price as of 2026-10-05) |
| Nov. 15, 2016 | QTWO | M | 5,034 | · | · | 39,844 Direct | -11.22% | Disposed | (price as of 2026-10-05) |
| Sept. 13, 2016 | QTWO | M | 10,122 | $8.35 | $84,519 | 37,172 Direct | +37.42% | Acquired | 588.8% (price as of 2026-10-05) |
| Sept. 13, 2016 | QTWO | S | 10,122 | $28.29 | $286,351 | 27,050 Direct | -27.23% | Disposed | 103.3% (price as of 2026-10-05) |
| Sept. 13, 2016 | QTWO | M | 10,122 | · | · | 44,878 Direct | -18.40% | Disposed | (price as of 2026-10-05) |
| May 9, 2016 | QTWO | M | 10,000 | $8.35 | $83,500 | 37,050 Direct | +36.97% | Acquired | 588.8% (price as of 2026-10-05) |
| May 9, 2016 | QTWO | S 10b5-1 | 10,000 | $25.00 | $250,000 | 27,050 Direct | -26.99% | Disposed | 130.0% (price as of 2026-10-05) |
| May 9, 2016 | QTWO | M | 10,000 | · | · | 55,000 Direct | -15.38% | Disposed | (price as of 2026-10-05) |
| March 24, 2016 | QTWO | M | 10,000 | $8.35 | $83,500 | 37,050 Direct | +36.97% | Acquired | 588.8% (price as of 2026-10-05) |
| March 24, 2016 | QTWO | S 10b5-1 | 10,000 | $22.20 | $222,000 | 27,050 Direct | -26.99% | Disposed | 159.1% (price as of 2026-10-05) |
| March 24, 2016 | QTWO | M | 10,000 | · | · | 65,000 Direct | -13.33% | Disposed | (price as of 2026-10-05) |
| Feb. 23, 2016 | QTWO | M | 5,000 | $7.48 | $37,400 | 34,800 Direct | +16.78% | Acquired | 668.9% (price as of 2026-10-05) |
| Feb. 23, 2016 | QTWO | S | 7,750 | $19.74 | $152,985 | 27,050 Direct | -22.27% | Disposed | 191.3% (price as of 2026-10-05) |
| Feb. 23, 2016 | QTWO | M | 5,000 | · | · | 26,000 Direct | -16.13% | Disposed | (price as of 2026-10-05) |
| Feb. 16, 2016 | QTWO | A | 13,800 | · | · | 29,800 Direct | +86.25% | Acquired | (price as of 2026-10-05) |
| Feb. 16, 2016 | QTWO | A | 34,500 | · | · | 34,500 Direct | · | Acquired | (price as of 2026-10-05) |
| Dec. 9, 2015 | QTWO | M | 5,000 | $7.48 | $37,400 | 16,000 Direct | +45.45% | Acquired | 668.9% (price as of 2026-10-05) |
| Dec. 9, 2015 | QTWO | M | 5,000 | · | · | 31,000 Direct | -13.89% | Disposed | (price as of 2026-10-05) |
| Sept. 30, 2015 | QTWO | S | 10,000 | $25.50 | $255,000 | 11,000 Direct | -47.62% | Disposed | 125.5% (price as of 2026-10-05) |
| Sept. 24, 2015 | QTWO | M | 10,000 | $7.48 | $74,800 | 21,000 Direct | +90.91% | Acquired | 668.9% (price as of 2026-10-05) |
| Sept. 24, 2015 | QTWO | M | 10,000 | · | · | 36,000 Direct | -21.74% | Disposed | (price as of 2026-10-05) |
| Sept. 2, 2015 | QTWO | M | 3,430 | $7.48 | $25,656 | 14,430 Direct | +31.18% | Acquired | 668.9% (price as of 2026-10-05) |
| Sept. 2, 2015 | QTWO | S 10b5-1 | 3,430 | $26.17 | $89,763 | 11,000 Direct | -23.77% | Disposed | 119.8% (price as of 2026-10-05) |
| Sept. 2, 2015 | QTWO | M | 3,430 | · | · | 46,000 Direct | -6.94% | Disposed | (price as of 2026-10-05) |
Showing latest 100 of 114 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 |
|---|---|---|---|---|---|---|---|
| July 13, 2020 | QTWO | Stock Option (right to buy) | Common Stock | $19.26 | Feb. 16, 2023 | 4,312 | Disposed |
| July 13, 2020 | QTWO | Stock Option (right to buy) | Common Stock | $35.80 | Feb. 21, 2024 | 8,500 | Disposed |
| Dec. 16, 2019 | QTWO | Employee Stock Option (right to buy) | Common Stock | $20.19 | Feb. 20, 2022 | 1,125 | Disposed |
| Dec. 16, 2019 | QTWO | Stock Option (right to buy) | Common Stock | $19.26 | Feb. 16, 2023 | 4,012 | Disposed |
| July 1, 2019 | QTWO | Stock Option (right to buy) | Common Stock | $19.26 | Feb. 16, 2023 | 301 | Disposed |
| July 1, 2019 | QTWO | Stock Option (right to buy) | Common Stock | $35.80 | Feb. 21, 2024 | 13,000 | Disposed |
| May 24, 2019 | QTWO | Stock Option (right to buy) | Common Stock | $19.26 | Feb. 16, 2023 | 2,875 | Disposed |
| May 24, 2019 | QTWO | Employee Stock Option (right to buy) | Common Stock | $20.19 | Feb. 20, 2022 | 17,694 | Disposed |
| Oct. 2, 2018 | QTWO | Stock Option (right to buy) | Common Stock | $19.26 | Feb. 16, 2023 | 10,062 | Disposed |
| Sept. 11, 2018 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 2,344 | Disposed |
| Sept. 11, 2018 | QTWO | Employee Stock Option (right to buy) | Common Stock | $20.19 | Feb. 20, 2022 | 3,983 | Disposed |
| May 24, 2018 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 16,406 | Disposed |
| July 3, 2017 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 4,302 | Disposed |
| July 3, 2017 | QTWO | Stock Option (right to buy) | Common Stock | $19.26 | Feb. 16, 2023 | 11,500 | Disposed |
| July 3, 2017 | QTWO | Employee Stock Option (right to buy) | Common Stock | $20.19 | Feb. 20, 2022 | 4,198 | Disposed |
| May 24, 2017 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 1,666 | Disposed |
| May 24, 2017 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 12,105 | Disposed |
| March 15, 2017 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 3,334 | Disposed |
| March 15, 2017 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 4,687 | Disposed |
| Feb. 21, 2017 | QTWO | Stock Option (right to buy) | Common Stock | $35.80 | Feb. 21, 2024 | 49,240 | Acquired |
| Dec. 12, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 16,034 | Disposed |
| Nov. 15, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 4,966 | Disposed |
| Nov. 15, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 5,034 | Disposed |
| Sept. 13, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 10,122 | Disposed |
| May 9, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 10,000 | Disposed |
| March 24, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $8.35 | Jan. 24, 2021 | 10,000 | Disposed |
| Feb. 23, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 5,000 | Disposed |
| Feb. 16, 2016 | QTWO | Stock Option (right to buy) | Common Stock | $19.26 | Feb. 16, 2023 | 34,500 | Acquired |
| Dec. 9, 2015 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 5,000 | Disposed |
| Sept. 24, 2015 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 10,000 | Disposed |
| Sept. 2, 2015 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 3,430 | Disposed |
| Aug. 28, 2015 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 16,570 | Disposed |
| Aug. 14, 2015 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 5,000 | Disposed |
| Aug. 13, 2015 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 2,500 | Disposed |
| Feb. 26, 2015 | QTWO | Stock Option (right to buy) | Common Stock | $7.48 | May 8, 2020 | 6,500 | Disposed |
| Feb. 20, 2015 | QTWO | Employee Stock Option (right to buy) | Common Stock | $20.19 | Feb. 20, 2022 | 27,000 | Acquired |
Exercise/conversion price is blank when not applicable (e.g. RSUs).
Initial ownership (Form 3) 2 holdings
Securities held when first becoming an insider, per SEC Form 3.
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 |
|---|---|---|---|---|---|---|---|---|
| 2020 | $291,523 | · | $1,296,402 | · | $159,500 | · | $10,145 | $1,757,571 |
| 2019 | $290,000 | · | $1,642,326 | · | $72,500 | · | $5,265 | $2,010,091 |
| 2018 | $290,000 | · | $1,306,585 | · | $146,363 | · | $6,333 | $1,749,281 |
Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.