XCEL BRANDS INC

Ticker: XELB CUSIP: 98400M200 Class: COM

GEODE CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001214717)

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

Q4 2025

Shares 11,234 Value ($000) $12 Avg Close $1.31 Range $0.74 - $2.66

Q3 2025

Shares 10,344 Value ($000) $18 Avg Close $1.45 Range $0.95 - $1.95

Q2 2025

Shares 11,152 Value ($000) $20 Avg Close $2.35 Range $1.60 - $4.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	11,234	$12	$1.31	$0.74 - $2.66
Q3 2025	10,344	$18	$1.45	$0.95 - $1.95
Q2 2025	11,152	$20	$2.35	$1.60 - $4.20