NATURAL GROCERS BY VITAMIN C

Ticker: NGVC CUSIP: 63888U108 Class: Common Stock

Empirical Finance, LLC's Holding History (CIK: 0001572838)

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

Q4 2025

Shares 146,916 Value ($000) $3,680 Avg Close $31.88 Range $24.00 - $40.92

Q3 2025

Shares 75,279 Value ($000) $3,011 Avg Close $38.31 Range $34.96 - $45.59

Q2 2025

Shares 48,279 Value ($000) $1,895 Avg Close $45.84 Range $35.56 - $60.55

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	146,916	$3,680	$31.88	$24.00 - $40.92
Q3 2025	75,279	$3,011	$38.31	$34.96 - $45.59
Q2 2025	48,279	$1,895	$45.84	$35.56 - $60.55