BUSINESS FIRST BANCSHARES IN

Ticker: BFST CUSIP: 12326C105 Class: Common Stock

Aquatic Capital Management LLC's Holding History (CIK: 0001803916)

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

Q4 2025

Shares 1,932 Value ($000) $51 Avg Close $25.09 Range $22.31 - $28.31

Q3 2025

Shares 7,114 Value ($000) $168 Avg Close $24.40 Range $22.24 - $26.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,932	$51	$25.09	$22.31 - $28.31
Q3 2025	7,114	$168	$24.40	$22.24 - $26.18