GRAND CANYON ED INC

Ticker: LOPE CUSIP: 38526M106 Class: COM

Cypress Capital Management LLC (WY)'s Holding History (CIK: 0001633896)

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

Q4 2025

Shares 375 Value ($000) $62 Avg Close $180.87 Range $149.83 - $223.04

Q3 2025

Shares 375 Value ($000) $82 Avg Close $192.10 Range $164.42 - $220.22

Q2 2025

Shares 375 Value ($000) $71 Avg Close $185.33 Range $159.38 - $202.28

Q1 2025

Shares 375 Value ($000) $65 Avg Close $173.61 Range $159.06 - $192.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	375	$62	$180.87	$149.83 - $223.04
Q3 2025	375	$82	$192.10	$164.42 - $220.22
Q2 2025	375	$71	$185.33	$159.38 - $202.28
Q1 2025	375	$65	$173.61	$159.06 - $192.18