NOVAVAX INC

Ticker: NVAX CUSIP: 670002401 Class: Common Stock

Headlands Technologies LLC's Holding History (CIK: 0001570271)

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

Q4 2025

Shares 100,283 Value ($000) $674 Avg Close $7.54 Range $6.20 - $9.75

Q3 2025

Shares 323,030 Value ($000) $2,801 Avg Close $7.78 Range $6.23 - $10.64

Q2 2025

Shares 143,366 Value ($000) $903 Avg Close $6.62 Range $5.01 - $8.78

Q1 2024

Shares 55,137 Value ($000) $264 Avg Close $4.64 Range $3.53 - $6.05

Q4 2023

Shares 4,657 Value ($000) $22 Avg Close $6.12 Range $4.80 - $8.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	100,283	$674	$7.54	$6.20 - $9.75
Q3 2025	323,030	$2,801	$7.78	$6.23 - $10.64
Q2 2025	143,366	$903	$6.62	$5.01 - $8.78
Q1 2024	55,137	$264	$4.64	$3.53 - $6.05
Q4 2023	4,657	$22	$6.12	$4.80 - $8.15