UNITED GUARDIAN INC

Ticker: UG CUSIP: 910571108 Class: COM

BlackRock, Inc.'s Holding History (CIK: 0002012383)

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

Q4 2025

Shares 10,962 Value ($000) $68 Avg Close $6.61 Range $5.58 - $8.09

Q3 2025

Shares 10,638 Value ($000) $84 Avg Close $8.23 Range $7.58 - $9.88

Q2 2025

Shares 10,422 Value ($000) $83 Avg Close $8.27 Range $7.73 - $9.27

Q1 2025

Shares 11,286 Value ($000) $101 Avg Close $10.29 Range $8.80 - $11.98

Q4 2024

Shares 11,840 Value ($000) $113 Avg Close $11.48 Range $9.00 - $16.00

Q3 2024

Shares 11,771 Value ($000) $187 Avg Close $12.49 Range $8.97 - $16.25

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,962	$68	$6.61	$5.58 - $8.09
Q3 2025	10,638	$84	$8.23	$7.58 - $9.88
Q2 2025	10,422	$83	$8.27	$7.73 - $9.27
Q1 2025	11,286	$101	$10.29	$8.80 - $11.98
Q4 2024	11,840	$113	$11.48	$9.00 - $16.00
Q3 2024	11,771	$187	$12.49	$8.97 - $16.25