SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Flagstone Financial Management's Holding History (CIK: 0001968890)

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

Q4 2025
Shares 1,480 Value ($000) $238 Avg Close $160.56 Range $136.18 - $182.19
Q3 2025
Shares 1,480 Value ($000) $220 Avg Close $135.57 Range $111.33 - $159.01