MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

OARSMAN CAPITAL, INC.'s Holding History (CIK: 0001569667)

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

Q4 2025

Shares 1,141 Value ($000) $203 Avg Close $166.47 Range $150.92 - $182.34

Q4 2024

Shares 1,000 Value ($000) $126 Avg Close $119.51 Range $99.47 - $132.53

Q3 2024

Shares 1,047 Value ($000) $109 Avg Close $96.90 Range $87.77 - $104.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,141	$203	$166.47	$150.92 - $182.34
Q4 2024	1,000	$126	$119.51	$99.47 - $132.53
Q3 2024	1,047	$109	$96.90	$87.77 - $104.37