NATIONAL BK HLDGS CORP

Ticker: NBHC CUSIP: 633707104 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025

Shares 6,831 Value ($000) $260 Avg Close $37.48 Range $34.77 - $40.68

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,831	$260	$37.48	$34.77 - $40.68