HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

STATE OF WISCONSIN INVESTMENT BOARD's Holding History (CIK: 0000854157)

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

Q4 2025

Shares 58,182 Value ($000) $1,108 Avg Close $20.26 Range $17.23 - $24.70

Q3 2025

Shares 50,728 Value ($000) $993 Avg Close $17.18 Range $14.87 - $22.01

Q2 2025

Shares 43,828 Value ($000) $694 Avg Close $15.45 Range $9.25 - $19.71

Q1 2025

Shares 90,286 Value ($000) $1,109 Avg Close $11.23 Range $8.37 - $13.68

Q4 2024

Shares 23,082 Value ($000) $264 Avg Close $11.17 Range $8.13 - $14.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	58,182	$1,108	$20.26	$17.23 - $24.70
Q3 2025	50,728	$993	$17.18	$14.87 - $22.01
Q2 2025	43,828	$694	$15.45	$9.25 - $19.71
Q1 2025	90,286	$1,109	$11.23	$8.37 - $13.68
Q4 2024	23,082	$264	$11.17	$8.13 - $14.00