MERCHANTS BANCORP IND

Ticker: MBIN CUSIP: 58844R108 Class: Common Stock

Bank of Jackson Hole Trust's Holding History (CIK: 0002040900)

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

Q4 2025

Shares 2,257 Value ($000) $77 Avg Close $32.77 Range $30.29 - $37.36

Q3 2025

Shares 2,257 Value ($000) $72 Avg Close $32.65 Range $28.58 - $35.81

Q2 2025

Shares 2,257 Value ($000) $75 Avg Close $32.10 Range $27.01 - $37.44

Q1 2025

Shares 2,257 Value ($000) $92 Avg Close $39.01 Range $33.76 - $43.31

Q4 2024

Shares 2,257 Value ($000) $82 Avg Close $39.88 Range $35.07 - $46.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,257	$77	$32.77	$30.29 - $37.36
Q3 2025	2,257	$72	$32.65	$28.58 - $35.81
Q2 2025	2,257	$75	$32.10	$27.01 - $37.44
Q1 2025	2,257	$92	$39.01	$33.76 - $43.31
Q4 2024	2,257	$82	$39.88	$35.07 - $46.13