SOUTHERN FIRST BANCSHARES

Ticker: SFST CUSIP: 842873101 Class: Common Stock

FJ Capital Management LLC's Holding History (CIK: 0001599170)

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

Q4 2025

Shares 807,223 Value ($000) $41,588 Avg Close $47.95 Range $40.90 - $56.73

Q3 2025

Shares 807,223 Value ($000) $35,615 Avg Close $42.72 Range $38.30 - $46.40

Q2 2025

Shares 807,223 Value ($000) $30,699 Avg Close $35.08 Range $29.14 - $39.73

Q1 2025

Shares 807,223 Value ($000) $26,574 Avg Close $35.05 Range $31.80 - $39.83

Q4 2024

Shares 807,223 Value ($000) $32,087 Avg Close $40.02 Range $33.26 - $45.91

Q3 2024

Shares 807,223 Value ($000) $27,510 Avg Close $32.18 Range $27.65 - $36.76

Q2 2024

Shares 807,223 Value ($000) $23,603 Avg Close $27.45 Range $24.98 - $31.86

Q1 2024

Shares 807,223 Value ($000) $25,637 Avg Close $34.37 Range $29.58 - $39.36

Q4 2023

Shares 791,009 Value ($000) $29,346 Avg Close $29.71 Range $25.07 - $37.39

Q3 2023

Shares 791,009 Value ($000) $21,310 Avg Close $27.77 Range $23.70 - $30.51

Q2 2023

Shares 791,009 Value ($000) $19,577 Avg Close $26.07 Range $20.75 - $31.37

Q1 2023

Shares 458,226 Value ($000) $14,068 Avg Close $39.30 Range $30.18 - $45.98

Q4 2022

Shares 287,539 Value ($000) $13,155 Avg Close $45.38 Range $41.05 - $49.96

Q3 2022

Shares 329,000 Value ($000) $13,713 Avg Close $44.22 Range $41.65 - $47.32

Q2 2022

Shares 526,000 Value ($000) $22,916 Avg Close $45.45 Range $41.83 - $51.33

Q1 2022

Shares 597,723 Value ($000) $30,388 Avg Close $57.41 Range $50.00 - $65.38

Q4 2021

Shares 600,000 Value ($000) $37,512 Avg Close $58.80 Range $52.10 - $65.59

Q3 2021

Shares 575,000 Value ($000) $30,738 Avg Close $50.48 Range $48.00 - $53.62

Q2 2021

Shares 461,000 Value ($000) $23,584 Avg Close $51.70 Range $45.74 - $56.25

Q1 2021

Shares 237,400 Value ($000) $11,132 Avg Close $43.64 Range $34.50 - $56.42

Q4 2020

Shares 91,000 Value ($000) $3,212 Avg Close $30.80 Range $23.57 - $35.94

Q3 2017

Shares 30,000 Value ($000) $1,080 Avg Close $36.12 Range $33.25 - $37.70

Q2 2017

Shares 29,700 Value ($000) $1,100 Avg Close $34.34 Range $31.50 - $37.50

Q3 2015

Shares 105,000 Value ($000) $2,143 Avg Close $19.93 Range $17.60 - $21.22

Q2 2015

Shares 105,000 Value ($000) $1,872 Avg Close $17.64 Range $16.90 - $18.35

Q1 2015

Shares 85,000 Value ($000) $1,445 Avg Close $17.16 Range $15.78 - $18.60

Q4 2014

Shares 85,000 Value ($000) $1,447 Avg Close $15.40 Range $13.80 - $17.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	807,223	$41,588	$47.95	$40.90 - $56.73
Q3 2025	807,223	$35,615	$42.72	$38.30 - $46.40
Q2 2025	807,223	$30,699	$35.08	$29.14 - $39.73
Q1 2025	807,223	$26,574	$35.05	$31.80 - $39.83
Q4 2024	807,223	$32,087	$40.02	$33.26 - $45.91
Q3 2024	807,223	$27,510	$32.18	$27.65 - $36.76
Q2 2024	807,223	$23,603	$27.45	$24.98 - $31.86
Q1 2024	807,223	$25,637	$34.37	$29.58 - $39.36
Q4 2023	791,009	$29,346	$29.71	$25.07 - $37.39
Q3 2023	791,009	$21,310	$27.77	$23.70 - $30.51
Q2 2023	791,009	$19,577	$26.07	$20.75 - $31.37
Q1 2023	458,226	$14,068	$39.30	$30.18 - $45.98
Q4 2022	287,539	$13,155	$45.38	$41.05 - $49.96
Q3 2022	329,000	$13,713	$44.22	$41.65 - $47.32
Q2 2022	526,000	$22,916	$45.45	$41.83 - $51.33
Q1 2022	597,723	$30,388	$57.41	$50.00 - $65.38
Q4 2021	600,000	$37,512	$58.80	$52.10 - $65.59
Q3 2021	575,000	$30,738	$50.48	$48.00 - $53.62
Q2 2021	461,000	$23,584	$51.70	$45.74 - $56.25
Q1 2021	237,400	$11,132	$43.64	$34.50 - $56.42
Q4 2020	91,000	$3,212	$30.80	$23.57 - $35.94
Q3 2017	30,000	$1,080	$36.12	$33.25 - $37.70
Q2 2017	29,700	$1,100	$34.34	$31.50 - $37.50
Q3 2015	105,000	$2,143	$19.93	$17.60 - $21.22
Q2 2015	105,000	$1,872	$17.64	$16.90 - $18.35
Q1 2015	85,000	$1,445	$17.16	$15.78 - $18.60
Q4 2014	85,000	$1,447	$15.40	$13.80 - $17.99