AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

Polar Asset Management Partners Inc.'s Holding History (CIK: 0001326389)

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

Q4 2025

Shares 76,500 Value ($000) $2,892 Avg Close $35.80 Range $30.20 - $39.83

Q3 2025

Shares 108,609 Value ($000) $4,287 Avg Close $31.74 Range $27.74 - $39.73

Q2 2025

Shares 10,349 Value ($000) $315 Avg Close $26.44 Range $20.75 - $31.62

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	76,500	$2,892	$35.80	$30.20 - $39.83
Q3 2025	108,609	$4,287	$31.74	$27.74 - $39.73
Q2 2025	10,349	$315	$26.44	$20.75 - $31.62