INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

CLUNE & ASSOCIATES, LTD.'s Holding History (CIK: 0002055816)

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

Q4 2025

Shares 1,312 Value ($000) $389 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 1,026 Value ($000) $290 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 1,315 Value ($000) $388 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 1,048 Value ($000) $261 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 1,048 Value ($000) $230 Avg Close $216.31 Range $196.83 - $233.32

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,312	$389	$298.78	$262.11 - $324.90
Q3 2025	1,026	$290	$259.55	$232.08 - $292.01
Q2 2025	1,315	$388	$253.82	$210.49 - $292.56
Q1 2025	1,048	$261	$239.40	$209.20 - $261.47
Q4 2024	1,048	$230	$216.31	$196.83 - $233.32