NORTHWESTERN CORP

Ticker: NWE CUSIP: 668074305 Class: EQTY

WEDGE CAPITAL MANAGEMENT L L P/NC's Holding History (CIK: 0001015308)

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

Q4 2025

Shares 74,026 Value ($000) $4,778 Avg Close $62.82 Range $56.07 - $68.56

Q3 2025

Shares 75,584 Value ($000) $4,430 Avg Close $54.14 Range $49.85 - $58.24

Q2 2025

Shares 87,806 Value ($000) $4,504 Avg Close $53.53 Range $49.39 - $57.89

Q1 2025

Shares 90,188 Value ($000) $5,219 Avg Close $52.06 Range $48.49 - $56.12

Q4 2024

Shares 109,637 Value ($000) $5,861 Avg Close $51.38 Range $48.17 - $54.22

Q3 2024

Shares 110,153 Value ($000) $6,303 Avg Close $49.89 Range $45.22 - $54.21

Q2 2024

Shares 123,049 Value ($000) $6,162 Avg Close $46.58 Range $43.68 - $48.79

Q1 2024

Shares 168,735 Value ($000) $8,594 Avg Close $44.40 Range $41.90 - $47.03

Q4 2023

Shares 163,424 Value ($000) $8,317 Avg Close $44.88 Range $41.24 - $48.79

Q3 2023

Shares 149,765 Value ($000) $7,198 Avg Close $47.33 Range $42.66 - $51.72

Q2 2023

Shares 192,624 Value ($000) $10,933 Avg Close $51.34 Range $48.87 - $53.67

Q1 2023

Shares 212,136 Value ($000) $12,274 Avg Close $49.59 Range $46.79 - $52.43

Q4 2022

Shares 222,051 Value ($000) $13 Avg Close $46.84 Range $41.72 - $52.07

Q3 2022

Shares 206,362 Value ($000) $10,170 Avg Close $46.61 Range $42.04 - $51.24

Q2 2022

Shares 210,450 Value ($000) $12,402 Avg Close $49.98 Range $45.98 - $52.83

Q1 2022

Shares 218,342 Value ($000) $13,208 Avg Close $48.63 Range $46.08 - $51.75

Q4 2021

Shares 227,649 Value ($000) $13,012 Avg Close $46.70 Range $43.99 - $49.52

Q3 2021

Shares 244,437 Value ($000) $14,006 Avg Close $50.51 Range $46.92 - $53.26

Q2 2021

Shares 259,051 Value ($000) $15,600 Avg Close $52.44 Range $48.13 - $56.92

Q1 2021

Shares 309,292 Value ($000) $20,166 Avg Close $47.20 Range $42.31 - $53.28

Q4 2020

Shares 361,129 Value ($000) $21,057 Avg Close $43.87 Range $37.97 - $49.46

Q3 2020

Shares 410,353 Value ($000) $19,960 Avg Close $41.40 Range $37.35 - $45.52

Q2 2020

Shares 403,535 Value ($000) $22,001 Avg Close $44.67 Range $39.68 - $50.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	74,026	$4,778	$62.82	$56.07 - $68.56
Q3 2025	75,584	$4,430	$54.14	$49.85 - $58.24
Q2 2025	87,806	$4,504	$53.53	$49.39 - $57.89
Q1 2025	90,188	$5,219	$52.06	$48.49 - $56.12
Q4 2024	109,637	$5,861	$51.38	$48.17 - $54.22
Q3 2024	110,153	$6,303	$49.89	$45.22 - $54.21
Q2 2024	123,049	$6,162	$46.58	$43.68 - $48.79
Q1 2024	168,735	$8,594	$44.40	$41.90 - $47.03
Q4 2023	163,424	$8,317	$44.88	$41.24 - $48.79
Q3 2023	149,765	$7,198	$47.33	$42.66 - $51.72
Q2 2023	192,624	$10,933	$51.34	$48.87 - $53.67
Q1 2023	212,136	$12,274	$49.59	$46.79 - $52.43
Q4 2022	222,051	$13	$46.84	$41.72 - $52.07
Q3 2022	206,362	$10,170	$46.61	$42.04 - $51.24
Q2 2022	210,450	$12,402	$49.98	$45.98 - $52.83
Q1 2022	218,342	$13,208	$48.63	$46.08 - $51.75
Q4 2021	227,649	$13,012	$46.70	$43.99 - $49.52
Q3 2021	244,437	$14,006	$50.51	$46.92 - $53.26
Q2 2021	259,051	$15,600	$52.44	$48.13 - $56.92
Q1 2021	309,292	$20,166	$47.20	$42.31 - $53.28
Q4 2020	361,129	$21,057	$43.87	$37.97 - $49.46
Q3 2020	410,353	$19,960	$41.40	$37.35 - $45.52
Q2 2020	403,535	$22,001	$44.67	$39.68 - $50.33