MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

Welch Group, LLC's Holding History (CIK: 0001443095)

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

Q4 2025

Shares 206,681 Value ($000) $99,955 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 207,049 Value ($000) $107,241 Avg Close $508.71 Range $486.99 - $553.50

Q2 2025

Shares 204,974 Value ($000) $101,956 Avg Close $432.38 Range $342.95 - $499.00

Q1 2025

Shares 203,897 Value ($000) $77,236 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 201,277 Value ($000) $85,509 Avg Close $422.35 Range $401.80 - $452.82

Q3 2024

Shares 200,855 Value ($000) $86,428 Avg Close $423.10 Range $381.30 - $463.16

Q2 2024

Shares 201,022 Value ($000) $89,847 Avg Close $417.26 Range $383.04 - $451.11

Q1 2024

Shares 202,580 Value ($000) $85,229 Avg Close $399.26 Range $361.12 - $425.28

Q4 2023

Shares 218,856 Value ($000) $82,299 Avg Close $350.36 Range $306.02 - $378.65

Q3 2023

Shares 223,668 Value ($000) $70,623 Avg Close $324.59 Range $304.29 - $359.90

Q2 2023

Shares 228,816 Value ($000) $77,921 Avg Close $307.21 Range $269.61 - $344.87

Q1 2023

Shares 231,167 Value ($000) $66,645 Avg Close $249.46 Range $214.23 - $283.22

Q4 2022

Shares 230,135 Value ($000) $55,191 Avg Close $234.05 Range $207.86 - $257.76

Q3 2022

Shares 225,614 Value ($000) $52,545 Avg Close $256.88 Range $226.66 - $285.90

Q2 2022

Shares 222,258 Value ($000) $57,083 Avg Close $263.43 Range $234.71 - $305.53

Q1 2022

Shares 217,205 Value ($000) $66,966 Avg Close $291.40 Range $261.79 - $327.04

Q4 2021

Shares 213,489 Value ($000) $71,801 Avg Close $313.41 Range $270.67 - $338.33

Q3 2021

Shares 212,643 Value ($000) $59,948 Avg Close $280.73 Range $259.89 - $295.39

Q2 2021

Shares 215,489 Value ($000) $58,376 Avg Close $244.73 Range $228.94 - $261.86

Q1 2021

Shares 218,918 Value ($000) $51,614 Avg Close $222.90 Range $203.36 - $236.17

Q4 2020

Shares 227,231 Value ($000) $50,541 Avg Close $206.04 Range $191.04 - $218.32

Q3 2020

Shares 236,331 Value ($000) $49,707 Avg Close $200.75 Range $187.82 - $222.85

Q2 2020

Shares 241,798 Value ($000) $49,208 Avg Close $173.06 Range $143.15 - $195.15

Q1 2020

Shares 246,877 Value ($000) $38,935 Avg Close $156.34 Range $126.17 - $181.07

Q4 2019

Shares 242,566 Value ($000) $38,253 Avg Close $139.23 Range $126.06 - $151.49

Q3 2019

Shares 247,690 Value ($000) $34,436 Avg Close $129.91 Range $123.34 - $134.72

Q2 2019

Shares 262,794 Value ($000) $35,204 Avg Close $119.52 Range $110.97 - $130.53

Q1 2019

Shares 277,851 Value ($000) $32,770 Avg Close $102.29 Range $90.94 - $113.53

Q4 2018

Shares 286,261 Value ($000) $29,076 Avg Close $100.00 Range $87.91 - $108.24

Q3 2018

Shares 295,861 Value ($000) $33,838 Avg Close $100.81 Range $90.95 - $107.41

Q2 2018

Shares 300,625 Value ($000) $29,645 Avg Close $89.76 Range $80.86 - $95.30

Q1 2018

Shares 301,079 Value ($000) $27,480 Avg Close $84.31 Range $77.10 - $89.85

Q4 2017

Shares 236,264 Value ($000) $20,210 Avg Close $75.26 Range $67.45 - $80.48

Q3 2017

Shares 235,025 Value ($000) $17,507 Avg Close $66.68 Range $61.92 - $69.52

Q2 2017

Shares 25,187 Value ($000) $1,736 Avg Close $62.32 Range $58.70 - $66.35

Q1 2017

Shares 15,751 Value ($000) $1,037 Avg Close $57.84 Range $55.73 - $59.91

Q4 2016

Shares 19,288 Value ($000) $1,199 Avg Close $53.94 Range $50.33 - $57.67

Q3 2016

Shares 20,968 Value ($000) $1,208 Avg Close $50.29 Range $44.75 - $52.45

Q2 2016

Shares 8,759 Value ($000) $448 Avg Close $45.98 Range $42.66 - $50.07

Q1 2016

Shares 12,867 Value ($000) $711 Avg Close $46.08 Range $42.20 - $49.07

Q4 2015

Shares 12,822 Value ($000) $711 Avg Close $45.92 Range $38.05 - $49.78

Q3 2015

Shares 12,460 Value ($000) $551 Avg Close $38.92 Range $34.55 - $41.83

Q2 2015

Shares 12,632 Value ($000) $558 Avg Close $39.29 Range $34.44 - $42.53

Q1 2015

Shares 12,518 Value ($000) $509 Avg Close $37.24 Range $34.29 - $40.84

Q4 2014

Shares 12,292 Value ($000) $571 Avg Close $39.88 Range $35.66 - $42.40

Q3 2014

Shares 12,609 Value ($000) $585 Avg Close $37.66 Range $34.56 - $40.29

Q2 2014

Shares 12,861 Value ($000) $536 Avg Close $33.96 Range $32.19 - $35.60

Q1 2014

Shares 12,735 Value ($000) $522 Avg Close $31.26 Range $28.73 - $34.69

Q4 2013

Shares 13,374 Value ($000) $500 Avg Close $30.02 Range $27.01 - $32.34

Q3 2013

Shares 12,649 Value ($000) $421 Avg Close $27.00 Range $25.36 - $29.79

Q2 2013

Shares 11,784 Value ($000) $407 Avg Close $26.70 Range $22.82 - $29.26

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	206,681	$99,955	$500.58	$464.89 - $552.69
Q3 2025	207,049	$107,241	$508.71	$486.99 - $553.50
Q2 2025	204,974	$101,956	$432.38	$342.95 - $499.00
Q1 2025	203,897	$77,236	$405.08	$365.28 - $445.10
Q4 2024	201,277	$85,509	$422.35	$401.80 - $452.82
Q3 2024	200,855	$86,428	$423.10	$381.30 - $463.16
Q2 2024	201,022	$89,847	$417.26	$383.04 - $451.11
Q1 2024	202,580	$85,229	$399.26	$361.12 - $425.28
Q4 2023	218,856	$82,299	$350.36	$306.02 - $378.65
Q3 2023	223,668	$70,623	$324.59	$304.29 - $359.90
Q2 2023	228,816	$77,921	$307.21	$269.61 - $344.87
Q1 2023	231,167	$66,645	$249.46	$214.23 - $283.22
Q4 2022	230,135	$55,191	$234.05	$207.86 - $257.76
Q3 2022	225,614	$52,545	$256.88	$226.66 - $285.90
Q2 2022	222,258	$57,083	$263.43	$234.71 - $305.53
Q1 2022	217,205	$66,966	$291.40	$261.79 - $327.04
Q4 2021	213,489	$71,801	$313.41	$270.67 - $338.33
Q3 2021	212,643	$59,948	$280.73	$259.89 - $295.39
Q2 2021	215,489	$58,376	$244.73	$228.94 - $261.86
Q1 2021	218,918	$51,614	$222.90	$203.36 - $236.17
Q4 2020	227,231	$50,541	$206.04	$191.04 - $218.32
Q3 2020	236,331	$49,707	$200.75	$187.82 - $222.85
Q2 2020	241,798	$49,208	$173.06	$143.15 - $195.15
Q1 2020	246,877	$38,935	$156.34	$126.17 - $181.07
Q4 2019	242,566	$38,253	$139.23	$126.06 - $151.49
Q3 2019	247,690	$34,436	$129.91	$123.34 - $134.72
Q2 2019	262,794	$35,204	$119.52	$110.97 - $130.53
Q1 2019	277,851	$32,770	$102.29	$90.94 - $113.53
Q4 2018	286,261	$29,076	$100.00	$87.91 - $108.24
Q3 2018	295,861	$33,838	$100.81	$90.95 - $107.41
Q2 2018	300,625	$29,645	$89.76	$80.86 - $95.30
Q1 2018	301,079	$27,480	$84.31	$77.10 - $89.85
Q4 2017	236,264	$20,210	$75.26	$67.45 - $80.48
Q3 2017	235,025	$17,507	$66.68	$61.92 - $69.52
Q2 2017	25,187	$1,736	$62.32	$58.70 - $66.35
Q1 2017	15,751	$1,037	$57.84	$55.73 - $59.91
Q4 2016	19,288	$1,199	$53.94	$50.33 - $57.67
Q3 2016	20,968	$1,208	$50.29	$44.75 - $52.45
Q2 2016	8,759	$448	$45.98	$42.66 - $50.07
Q1 2016	12,867	$711	$46.08	$42.20 - $49.07
Q4 2015	12,822	$711	$45.92	$38.05 - $49.78
Q3 2015	12,460	$551	$38.92	$34.55 - $41.83
Q2 2015	12,632	$558	$39.29	$34.44 - $42.53
Q1 2015	12,518	$509	$37.24	$34.29 - $40.84
Q4 2014	12,292	$571	$39.88	$35.66 - $42.40
Q3 2014	12,609	$585	$37.66	$34.56 - $40.29
Q2 2014	12,861	$536	$33.96	$32.19 - $35.60
Q1 2014	12,735	$522	$31.26	$28.73 - $34.69
Q4 2013	13,374	$500	$30.02	$27.01 - $32.34
Q3 2013	12,649	$421	$27.00	$25.36 - $29.79
Q2 2013	11,784	$407	$26.70	$22.82 - $29.26