VERICEL CORP

Ticker: VCEL CUSIP: 92346J108 Class: Common Stock

Crawford Fund Management, LLC's Holding History (CIK: 0001816427)

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

Q4 2025

Shares 18,800 Value ($000) $677 Avg Close $36.74 Range $30.50 - $43.00

Q3 2025

Shares 110,000 Value ($000) $3,462 Avg Close $35.91 Range $29.24 - $43.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	18,800	$677	$36.74	$30.50 - $43.00
Q3 2025	110,000	$3,462	$35.91	$29.24 - $43.51