UNITED GUARDIAN INC

Ticker: UG CUSIP: 910571108 Class: COM

SBI Securities Co., Ltd.'s Holding History (CIK: 0001851815)

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

Q4 2025

Shares 134 Value ($000) $1 Avg Close $6.61 Range $5.58 - $8.09

Q3 2025

Shares 136 Value ($000) $1 Avg Close $8.23 Range $7.58 - $9.88

Q2 2025

Shares 136 Value ($000) $1 Avg Close $8.27 Range $7.73 - $9.27

Q1 2025

Shares 116 Value ($000) $1 Avg Close $10.29 Range $8.80 - $11.98

Q4 2024

Shares 117 Value ($000) $1 Avg Close $11.48 Range $9.00 - $16.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	134	$1	$6.61	$5.58 - $8.09
Q3 2025	136	$1	$8.23	$7.58 - $9.88
Q2 2025	136	$1	$8.27	$7.73 - $9.27
Q1 2025	116	$1	$10.29	$8.80 - $11.98
Q4 2024	117	$1	$11.48	$9.00 - $16.00