NOVAVAX INC

Ticker: NVAX CUSIP: 670002401 Class: Common Stock

MORGAN STANLEY's Holding History (CIK: 0000895421)

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

Q4 2025

Shares 3,717,984 Value ($000) $24,985 Avg Close $7.54 Range $6.20 - $9.75

Q3 2025

Shares 1,076,444 Value ($000) $9,333 Avg Close $7.78 Range $6.23 - $10.64

Q2 2025

Shares 1,238,786 Value ($000) $7,804 Avg Close $6.62 Range $5.01 - $8.78

Q1 2025

Shares 1,977,940 Value ($000) $12,679 Avg Close $8.27 Range $6.28 - $11.55

Q4 2024

Shares 4,940,115 Value ($000) $39,719 Avg Close $9.64 Range $6.81 - $15.22

Q3 2024

Shares 1,552,219 Value ($000) $19,605 Avg Close $12.91 Range $8.87 - $17.81

Q2 2024

Shares 1,702,735 Value ($000) $21,557 Avg Close $10.06 Range $3.81 - $23.86

Q1 2024

Shares 1,870,330 Value ($000) $8,940 Avg Close $4.64 Range $3.53 - $6.05

Q4 2023

Shares 7,241,455 Value ($000) $34,759 Avg Close $6.12 Range $4.80 - $8.15

Q3 2023

Shares 2,275,131 Value ($000) $16,472 Avg Close $7.99 Range $6.72 - $10.30

Q2 2023

Shares 2,080,437 Value ($000) $15,458 Avg Close $7.86 Range $6.56 - $11.36

Q1 2023

Shares 2,453,839 Value ($000) $17,005 Avg Close $9.20 Range $5.61 - $13.70

Q4 2022

Shares 1,779,394 Value ($000) $18,292 Avg Close $17.65 Range $8.75 - $25.66

Q3 2022

Shares 1,094,180 Value ($000) $19,913 Avg Close $43.33 Range $17.85 - $76.77

Q2 2022

Shares 1,286,189 Value ($000) $66,149 Avg Close $51.73 Range $34.88 - $77.65

Q1 2022

Shares 902,774 Value ($000) $66,490 Avg Close $89.17 Range $65.82 - $145.20

Q4 2021

Shares 956,492 Value ($000) $136,845 Avg Close $171.82 Range $121.35 - $236.50

Q3 2021

Shares 685,624 Value ($000) $142,138 Avg Close $220.39 Range $172.01 - $277.80

Q2 2021

Shares 470,176 Value ($000) $99,823 Avg Close $183.22 Range $117.12 - $263.67

Q1 2021

Shares 287,152 Value ($000) $52,063 Avg Close $199.27 Range $109.01 - $331.68

Q4 2020

Shares 348,583 Value ($000) $38,871 Avg Close $106.29 Range $76.59 - $150.50

Q3 2020

Shares 463,998 Value ($000) $50,274 Avg Close $121.82 Range $75.40 - $189.40

Q2 2020

Shares 248,895 Value ($000) $20,746 Avg Close $38.25 Range $13.21 - $89.50

Q1 2020

Shares 436,471 Value ($000) $5,928 Avg Close $8.46 Range $3.65 - $17.71

Q4 2019

Shares 128,596 Value ($000) $511 Avg Close $4.34 Range $3.54 - $5.64

Q3 2019

Shares 493,679 Value ($000) $2,478 Avg Close $5.47 Range $4.01 - $8.45

Q2 2019

Shares 653,967 Value ($000) $3,831 Avg Close $7.87 Range $4.64 - $13.40

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,717,984	$24,985	$7.54	$6.20 - $9.75
Q3 2025	1,076,444	$9,333	$7.78	$6.23 - $10.64
Q2 2025	1,238,786	$7,804	$6.62	$5.01 - $8.78
Q1 2025	1,977,940	$12,679	$8.27	$6.28 - $11.55
Q4 2024	4,940,115	$39,719	$9.64	$6.81 - $15.22
Q3 2024	1,552,219	$19,605	$12.91	$8.87 - $17.81
Q2 2024	1,702,735	$21,557	$10.06	$3.81 - $23.86
Q1 2024	1,870,330	$8,940	$4.64	$3.53 - $6.05
Q4 2023	7,241,455	$34,759	$6.12	$4.80 - $8.15
Q3 2023	2,275,131	$16,472	$7.99	$6.72 - $10.30
Q2 2023	2,080,437	$15,458	$7.86	$6.56 - $11.36
Q1 2023	2,453,839	$17,005	$9.20	$5.61 - $13.70
Q4 2022	1,779,394	$18,292	$17.65	$8.75 - $25.66
Q3 2022	1,094,180	$19,913	$43.33	$17.85 - $76.77
Q2 2022	1,286,189	$66,149	$51.73	$34.88 - $77.65
Q1 2022	902,774	$66,490	$89.17	$65.82 - $145.20
Q4 2021	956,492	$136,845	$171.82	$121.35 - $236.50
Q3 2021	685,624	$142,138	$220.39	$172.01 - $277.80
Q2 2021	470,176	$99,823	$183.22	$117.12 - $263.67
Q1 2021	287,152	$52,063	$199.27	$109.01 - $331.68
Q4 2020	348,583	$38,871	$106.29	$76.59 - $150.50
Q3 2020	463,998	$50,274	$121.82	$75.40 - $189.40
Q2 2020	248,895	$20,746	$38.25	$13.21 - $89.50
Q1 2020	436,471	$5,928	$8.46	$3.65 - $17.71
Q4 2019	128,596	$511	$4.34	$3.54 - $5.64
Q3 2019	493,679	$2,478	$5.47	$4.01 - $8.45
Q2 2019	653,967	$3,831	$7.87	$4.64 - $13.40