INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Valpey Financial Services, LLC's Holding History (CIK: 0002077991)

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

Q4 2025

Shares 2,927 Value ($000) $867 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 3,122 Value ($000) $881 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 3,122 Value ($000) $920 Avg Close $253.82 Range $210.49 - $292.56

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,927	$867	$298.78	$262.11 - $324.90
Q3 2025	3,122	$881	$259.55	$232.08 - $292.01
Q2 2025	3,122	$920	$253.82	$210.49 - $292.56