TERNS PHARMACEUTICALS INC

Ticker: TERN CUSIP: 880881107 Class: Common Stock

STATE OF WISCONSIN INVESTMENT BOARD's Holding History (CIK: 0000854157)

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

Q4 2025

Shares 25,874 Value ($000) $1,045 Avg Close $23.11 Range $6.99 - $48.26

Q3 2025

Shares 45,482 Value ($000) $342 Avg Close $6.39 Range $3.67 - $8.22

Q1 2025

Shares 41,502 Value ($000) $115 Avg Close $4.08 Range $2.75 - $5.95

Q4 2024

Shares 26,819 Value ($000) $149 Avg Close $6.77 Range $5.36 - $8.46

Q2 2023

Shares 36,464 Value ($000) $319 Avg Close $11.66 Range $6.91 - $14.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	25,874	$1,045	$23.11	$6.99 - $48.26
Q3 2025	45,482	$342	$6.39	$3.67 - $8.22
Q1 2025	41,502	$115	$4.08	$2.75 - $5.95
Q4 2024	26,819	$149	$6.77	$5.36 - $8.46
Q2 2023	36,464	$319	$11.66	$6.91 - $14.04