SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

Welch Group, LLC's Holding History (CIK: 0001443095)

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

Q1 2024

Shares 13,000 Value ($000) $64 Avg Close $4.40 Range $3.84 - $5.15

Q4 2023

Shares 13,000 Value ($000) $51 Avg Close $3.52 Range $3.10 - $4.10

Q3 2023

Shares 10,000 Value ($000) $32 Avg Close $3.23 Range $2.97 - $3.43

Q2 2023

Shares 10,000 Value ($000) $33 Avg Close $3.51 Range $3.14 - $3.85

Q1 2023

Shares 10,000 Value ($000) $37 Avg Close $3.36 Range $2.71 - $3.85

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2024	13,000	$64	$4.40	$3.84 - $5.15
Q4 2023	13,000	$51	$3.52	$3.10 - $4.10
Q3 2023	10,000	$32	$3.23	$2.97 - $3.43
Q2 2023	10,000	$33	$3.51	$3.14 - $3.85
Q1 2023	10,000	$37	$3.36	$2.71 - $3.85