SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Aspen Investment Management Inc's Holding History (CIK: 0001541596)

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

Q4 2025

Shares 1,630 Value ($000) $0 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 1,595 Value ($000) $0 Avg Close $135.57 Range $111.33 - $159.01

Q1 2024

Shares 8,155 Value ($000) $1 Avg Close $79.00 Range $70.61 - $91.57

Q4 2023

Shares 4,465 Value ($000) $0 Avg Close $63.86 Range $45.50 - $79.99

Q3 2021

Shares 273 Value ($000) $370 Avg Close $149.84 Range $134.11 - $165.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,630	$0	$160.56	$136.18 - $182.19
Q3 2025	1,595	$0	$135.57	$111.33 - $159.01
Q1 2024	8,155	$1	$79.00	$70.61 - $91.57
Q4 2023	4,465	$0	$63.86	$45.50 - $79.99
Q3 2021	273	$370	$149.84	$134.11 - $165.00