AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

Bastion Asset Management Inc.'s Holding History (CIK: 0001977794)

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

Q4 2025

Shares 212,964 Value ($000) $7,828 Avg Close $35.80 Range $30.20 - $39.83

Q3 2025

Shares 152,945 Value ($000) $5,301 Avg Close $31.74 Range $27.74 - $39.73

Q2 2025

Shares 312,729 Value ($000) $8,296 Avg Close $26.44 Range $20.75 - $31.62

Q1 2025

Shares 485,901 Value ($000) $9,819 Avg Close $21.67 Range $18.77 - $25.60

Q4 2024

Shares 443,326 Value ($000) $8,570 Avg Close $17.98 Range $13.45 - $23.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	212,964	$7,828	$35.80	$30.20 - $39.83
Q3 2025	152,945	$5,301	$31.74	$27.74 - $39.73
Q2 2025	312,729	$8,296	$26.44	$20.75 - $31.62
Q1 2025	485,901	$9,819	$21.67	$18.77 - $25.60
Q4 2024	443,326	$8,570	$17.98	$13.45 - $23.84