INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Tandem Investment Partners LLC's Holding History (CIK: 0002056333)

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

Q4 2025

Shares 1,884 Value ($000) $558 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 2,234 Value ($000) $630 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 2,249 Value ($000) $663 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 1,959 Value ($000) $487 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 1,997 Value ($000) $439 Avg Close $216.31 Range $196.83 - $233.32

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,884	$558	$298.78	$262.11 - $324.90
Q3 2025	2,234	$630	$259.55	$232.08 - $292.01
Q2 2025	2,249	$663	$253.82	$210.49 - $292.56
Q1 2025	1,959	$487	$239.40	$209.20 - $261.47
Q4 2024	1,997	$439	$216.31	$196.83 - $233.32