AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

USA FINANCIAL FORMULAS's Holding History (CIK: 0001633716)

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

Q4 2025

Shares 554 Value ($000) $21 Avg Close $35.80 Range $30.20 - $39.83

Q2 2025

Shares 1,917 Value ($000) $58 Avg Close $26.44 Range $20.75 - $31.62

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	554	$21	$35.80	$30.20 - $39.83
Q2 2025	1,917	$58	$26.44	$20.75 - $31.62