How a RepCor report is built
Every RepCor report follows the same published discipline. We believe a benchmarking report is only as good as its methodology, so ours is public.
1. Peer screening with a published exclusion log
Peer groups are built from stated criteria: business comparability, market capitalization range, and US SEC filer status with proxy-level compensation disclosure. Every candidate we considered and excluded is listed in the report with the reason — foreign filers without comparable disclosure, externally-managed structures, size mismatches. If the honest comparable universe is thin, we say so rather than pad the group.
2. Every figure cited to its SEC filing
Compensation data is transcribed from proxy statements (DEF 14A), Form 10-K Part III, and Form 8-K filings — never from third-party databases. Every table in a RepCor report carries the filing date and SEC accession number of its source, so any figure can be verified in minutes.
3. Arithmetic verification
Every Summary Compensation Table row is cross-checked: components must sum to the stated total within $2. Discrepancies between filings are disclosed, not silently resolved.
4. Honest statistics
Small peer groups mean wide uncertainty. Where sample sizes are thin we report ranges rather than false-precision percentiles, we flag outliers instead of letting them distort medians, and aspirational-tier peers are never blended into core statistics.
5. Limitations stated in full
Every report closes with what we could not verify and why. Data we could not extract is marked missing — never estimated.
RepCor provides benchmarking information compiled from public SEC filings. It is not compensation consulting, legal, or investment advice; no compensation levels are recommended.