ALEXANDRIA REAL ESTATE EQ IN

Ticker: ARE CUSIP: 015271109 Class: COM

Sherman Asset Management, Inc.'s Holding History (CIK: 0001736535)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 766 Value ($000) $37 Avg Close $58.01 Range $43.46 - $84.13

Q3 2025

Shares 766 Value ($000) $64 Avg Close $77.73 Range $69.41 - $85.60

Q2 2025

Shares 766 Value ($000) $56 Avg Close $70.79 Range $64.18 - $89.10

Q1 2025

Shares 766 Value ($000) $71 Avg Close $92.02 Range $86.83 - $98.77

Q4 2024

Shares 766 Value ($000) $75 Avg Close $101.62 Range $89.38 - $114.08

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	766	$37	$58.01	$43.46 - $84.13
Q3 2025	766	$64	$77.73	$69.41 - $85.60
Q2 2025	766	$56	$70.79	$64.18 - $89.10
Q1 2025	766	$71	$92.02	$86.83 - $98.77
Q4 2024	766	$75	$101.62	$89.38 - $114.08