SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Smith, Salley & Associates's Holding History (CIK: 0001482012)

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

Q4 2025

Shares 2,601 Value ($000) $419 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 1,753 Value ($000) $261 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 2,176 Value ($000) $251 Avg Close $100.02 Range $69.84 - $117.36

Q4 2024

Shares 1,974 Value ($000) $210 Avg Close $97.26 Range $77.12 - $120.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,601	$419	$160.56	$136.18 - $182.19
Q3 2025	1,753	$261	$135.57	$111.33 - $159.01
Q2 2025	2,176	$251	$100.02	$69.84 - $117.36
Q4 2024	1,974	$210	$97.26	$77.12 - $120.72