BOWHEAD SPECIALTY HLDGS INC

Ticker: BOW CUSIP: 10240L102 Class: Common Stock

Tower Research Capital LLC (TRC)'s Holding History (CIK: 0001533421)

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

Q4 2025

Shares 619 Value ($000) $18 Avg Close $26.53 Range $23.50 - $29.24

Q3 2025

Shares 1,308 Value ($000) $35 Avg Close $31.31 Range $26.12 - $37.73

Q2 2025

Shares 1,926 Value ($000) $72 Avg Close $38.31 Range $34.28 - $41.98

Q1 2025

Shares 968 Value ($000) $39 Avg Close $34.06 Range $30.75 - $42.29

Q4 2024

Shares 153 Value ($000) $5 Avg Close $32.80 Range $27.61 - $37.81

Q3 2024

Shares 1,542 Value ($000) $43 Avg Close $28.04 Range $24.41 - $32.55

Q2 2024

Shares 997 Value ($000) $25 Avg Close $25.56 Range $22.14 - $27.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	619	$18	$26.53	$23.50 - $29.24
Q3 2025	1,308	$35	$31.31	$26.12 - $37.73
Q2 2025	1,926	$72	$38.31	$34.28 - $41.98
Q1 2025	968	$39	$34.06	$30.75 - $42.29
Q4 2024	153	$5	$32.80	$27.61 - $37.81
Q3 2024	1,542	$43	$28.04	$24.41 - $32.55
Q2 2024	997	$25	$25.56	$22.14 - $27.49