AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

Militia Capital Partners, LP's Holding History (CIK: 0001837496)

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

Q3 2025

Shares 7,432 Value ($000) $293 Avg Close $31.74 Range $27.74 - $39.73

Q2 2025

Shares 7,432 Value ($000) $226 Avg Close $26.44 Range $20.75 - $31.62

Q1 2025

Shares 6,932 Value ($000) $155 Avg Close $21.67 Range $18.77 - $25.60

Q4 2024

Shares 4,832 Value ($000) $104 Avg Close $17.98 Range $13.45 - $23.84

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	7,432	$293	$31.74	$27.74 - $39.73
Q2 2025	7,432	$226	$26.44	$20.75 - $31.62
Q1 2025	6,932	$155	$21.67	$18.77 - $25.60
Q4 2024	4,832	$104	$17.98	$13.45 - $23.84