NOVAVAX INC

Ticker: NVAX CUSIP: 670002401 Class: Common Stock

TSP Capital Management Group, LLC's Holding History (CIK: 0001317208)

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

Q4 2025

Shares 1,389,065 Value ($000) $9,335 Avg Close $7.54 Range $6.20 - $9.75

Q3 2025

Shares 1,399,065 Value ($000) $12,130 Avg Close $7.78 Range $6.23 - $10.64

Q2 2025

Shares 1,399,065 Value ($000) $8,814 Avg Close $6.62 Range $5.01 - $8.78

Q1 2025

Shares 1,352,165 Value ($000) $8,667 Avg Close $8.27 Range $6.28 - $11.55

Q4 2024

Shares 1,358,565 Value ($000) $10,923 Avg Close $9.64 Range $6.81 - $15.22

Q3 2024

Shares 1,350,865 Value ($000) $17,061 Avg Close $12.91 Range $8.87 - $17.81

Q2 2024

Shares 1,377,125 Value ($000) $17,434 Avg Close $10.06 Range $3.81 - $23.86

Q1 2024

Shares 1,376,950 Value ($000) $6,582 Avg Close $4.64 Range $3.53 - $6.05

Q4 2023

Shares 1,111,700 Value ($000) $5,336 Avg Close $6.12 Range $4.80 - $8.15

Q3 2023

Shares 966,350 Value ($000) $6,996 Avg Close $7.99 Range $6.72 - $10.30

Q2 2023

Shares 367,750 Value ($000) $2,732 Avg Close $7.86 Range $6.56 - $11.36

Q1 2023

Shares 237,750 Value ($000) $1,648 Avg Close $9.20 Range $5.61 - $13.70

Q4 2022

Shares 16,025 Value ($000) $165 Avg Close $17.65 Range $8.75 - $25.66

Q3 2022

Shares 16,025 Value ($000) $292 Avg Close $43.33 Range $17.85 - $76.77

Q2 2022

Shares 16,025 Value ($000) $824 Avg Close $51.73 Range $34.88 - $77.65

Q1 2022

Shares 16,025 Value ($000) $1,180 Avg Close $89.17 Range $65.82 - $145.20

Q4 2021

Shares 16,525 Value ($000) $2,364 Avg Close $171.82 Range $121.35 - $236.50

Q3 2021

Shares 18,525 Value ($000) $3,840 Avg Close $220.39 Range $172.01 - $277.80

Q2 2021

Shares 18,525 Value ($000) $3,933 Avg Close $183.22 Range $117.12 - $263.67

Q1 2021

Shares 23,525 Value ($000) $4,265 Avg Close $199.27 Range $109.01 - $331.68

Q4 2020

Shares 50,075 Value ($000) $5,584 Avg Close $106.29 Range $76.59 - $150.50

Q3 2020

Shares 60,075 Value ($000) $6,509 Avg Close $121.82 Range $75.40 - $189.40

Q2 2020

Shares 72,575 Value ($000) $6,049 Avg Close $38.25 Range $13.21 - $89.50

Q1 2020

Shares 140,250 Value ($000) $1,905 Avg Close $8.46 Range $3.65 - $17.71

Q4 2019

Shares 125,000 Value ($000) $498 Avg Close $4.34 Range $3.54 - $5.64

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,389,065	$9,335	$7.54	$6.20 - $9.75
Q3 2025	1,399,065	$12,130	$7.78	$6.23 - $10.64
Q2 2025	1,399,065	$8,814	$6.62	$5.01 - $8.78
Q1 2025	1,352,165	$8,667	$8.27	$6.28 - $11.55
Q4 2024	1,358,565	$10,923	$9.64	$6.81 - $15.22
Q3 2024	1,350,865	$17,061	$12.91	$8.87 - $17.81
Q2 2024	1,377,125	$17,434	$10.06	$3.81 - $23.86
Q1 2024	1,376,950	$6,582	$4.64	$3.53 - $6.05
Q4 2023	1,111,700	$5,336	$6.12	$4.80 - $8.15
Q3 2023	966,350	$6,996	$7.99	$6.72 - $10.30
Q2 2023	367,750	$2,732	$7.86	$6.56 - $11.36
Q1 2023	237,750	$1,648	$9.20	$5.61 - $13.70
Q4 2022	16,025	$165	$17.65	$8.75 - $25.66
Q3 2022	16,025	$292	$43.33	$17.85 - $76.77
Q2 2022	16,025	$824	$51.73	$34.88 - $77.65
Q1 2022	16,025	$1,180	$89.17	$65.82 - $145.20
Q4 2021	16,525	$2,364	$171.82	$121.35 - $236.50
Q3 2021	18,525	$3,840	$220.39	$172.01 - $277.80
Q2 2021	18,525	$3,933	$183.22	$117.12 - $263.67
Q1 2021	23,525	$4,265	$199.27	$109.01 - $331.68
Q4 2020	50,075	$5,584	$106.29	$76.59 - $150.50
Q3 2020	60,075	$6,509	$121.82	$75.40 - $189.40
Q2 2020	72,575	$6,049	$38.25	$13.21 - $89.50
Q1 2020	140,250	$1,905	$8.46	$3.65 - $17.71
Q4 2019	125,000	$498	$4.34	$3.54 - $5.64