SALEM MEDIA GROUP INC

Ticker: SALM CUSIP: 794093104 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

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

InstitutionSharesValue ($000)
Mink Brook Asset Management LLC115,705$51
Byrne Asset Management LLC53,510$24
Total (2 institutions)169,215$74