VERICEL CORP

Ticker: VCEL CUSIP: 92346J108 Class: Common Stock

Global Alpha Capital Management Ltd.'s Holding History (CIK: 0001584691)

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

Q4 2025

Shares 50,058 Value ($000) $1,803 Avg Close $36.74 Range $30.50 - $43.00

Q3 2025

Shares 34,558 Value ($000) $1,088 Avg Close $35.91 Range $29.24 - $43.51

Q2 2025

Shares 52,983 Value ($000) $2,254 Avg Close $41.60 Range $37.39 - $45.97

Q1 2025

Shares 47,337 Value ($000) $2,112 Avg Close $53.81 Range $42.53 - $63.00

Q4 2024

Shares 24,720 Value ($000) $1,357 Avg Close $50.62 Range $39.12 - $61.49

Q3 2024

Shares 23,383 Value ($000) $988 Avg Close $47.59 Range $42.13 - $54.10

Q2 2024

Shares 14,592 Value ($000) $669 Avg Close $47.16 Range $41.16 - $53.05

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,058	$1,803	$36.74	$30.50 - $43.00
Q3 2025	34,558	$1,088	$35.91	$29.24 - $43.51
Q2 2025	52,983	$2,254	$41.60	$37.39 - $45.97
Q1 2025	47,337	$2,112	$53.81	$42.53 - $63.00
Q4 2024	24,720	$1,357	$50.62	$39.12 - $61.49
Q3 2024	23,383	$988	$47.59	$42.13 - $54.10
Q2 2024	14,592	$669	$47.16	$41.16 - $53.05