PALVELLA THERAPEUTICS INC NE

Ticker: PVLA CUSIP: 697947109 Class: Common Stock

CWM, LLC's Holding History (CIK: 0001535847)

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

Q4 2025

Shares 26 Value ($000) $0 Avg Close $85.31 Range $60.49 - $114.69

Q3 2025

Shares 17 Value ($000) $0 Avg Close $44.59 Range $21.55 - $65.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	26	$0	$85.31	$60.49 - $114.69
Q3 2025	17	$0	$44.59	$21.55 - $65.57