PIPER SANDLER COMPANIES

Ticker: PIPR CUSIP: 724078100 Class: EQTY

Baird Financial Group, Inc.'s Holding History (CIK: 0001648711)

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

Q4 2025

Shares 5,192 Value ($000) $1,764 Avg Close $337.82 Range $308.86 - $372.75

Q3 2025

Shares 651 Value ($000) $226 Avg Close $326.18 Range $274.99 - $374.77

Q2 2025

Shares 806 Value ($000) $224 Avg Close $249.18 Range $202.91 - $286.41

Q4 2024

Shares 711 Value ($000) $213 Avg Close $311.23 Range $278.14 - $351.80

Q3 2024

Shares 296 Value ($000) $84 Avg Close $261.59 Range $222.50 - $289.02

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,192	$1,764	$337.82	$308.86 - $372.75
Q3 2025	651	$226	$326.18	$274.99 - $374.77
Q2 2025	806	$224	$249.18	$202.91 - $286.41
Q4 2024	711	$213	$311.23	$278.14 - $351.80
Q3 2024	296	$84	$261.59	$222.50 - $289.02