SHAH CAPITAL MANAGEMENT

Holdings History for NOVAVAX INC - Common Stock (NVAX)

Symbol: NVAX on Nasdaq
Investment type: Equity / Common Stock
Latest Disclosed Shares Owned: 13,461,780 shares
Security Ownership %: 8.3%

Shares, Excluding Options vs Price

Value, Excluding Options

Himanshu H. Shah ownership in NOVAVAX INC Common Stock (NVAX)

12 Nov 2025 - Himanshu H. Shah has filed an SCHEDULE 13D/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 13,461,780 shares of NOVAVAX INC Common Stock (NVAX). This represents 8.3% ownership of the company. In their previous filing dated 14 Oct 2025, SHAH CAPITAL MANAGEMENT had reported owning 11,811,780 shares, indicating an increase of +14%. .

Reporting Name	Ownership %	Change	Value $	Shares owned	Change	Activity %	Price	Form	Report date	Filing time
Himanshu H. Shah	8.3%	+14%	$116,713,633	13,461,780	+1,650,000	+14%	$8.67	13D/A	10 Nov 2025	12 Nov 2025, 16:17
Himanshu H. Shah	7.3%		$102,396,321	11,811,780			$8.67	13D/A	13 Oct 2025	14 Oct 2025, 07:45

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Dec 2025	19%	+3.6%	$97,835,002	14,558,780	+2,747,000	+23%	$6.72	Q4 2025
30 Sep 2025	18%	+0.47%	$102,408,133	11,811,780	+300,000	+2.6%	$8.67	Q3 2025
30 Jun 2025	14%	+0.47%	$72,524,214	11,511,780	+379,934	+3.4%	$6.30	Q2 2025
31 Mar 2025	15%	-0.02%	$71,355,133	11,131,846	-17,000		$6.41	Q1 2025
31 Dec 2024	18%	+2.2%	$89,636,722	11,148,846	+1,333,305	+14%	$8.04	Q4 2024
30 Sep 2024	24%	+0.38%	$123,970,283	9,815,541	+153,451	+1.6%	$12.63	Q3 2024
30 Jun 2024	26%	+5.5%	$122,322,059	9,662,090	+1,544,263	+19%	$12.66	Q2 2024
31 Mar 2024	11%	+0.45%	$38,803,213	8,117,827	+337,071	+4.3%	$4.78	Q1 2024
31 Dec 2023	9.6%	+1.8%	$37,347,629	7,780,756	+1,450,000	+23%	$4.80	Q4 2023
30 Sep 2023	11%	+1.5%	$45,834,000	6,330,756	+850,000	+16%	$7.24	Q3 2023
30 Jun 2023	10%	+2.7%	$40,722,000	5,480,756	+1,229,680	+29%	$7.43	Q2 2023
31 Mar 2023	8.6%	+7.1%	$29,459,000	4,251,076	+3,536,076	+495%	$6.93	Q1 2023
31 Dec 2022	1.7%	+1.7%	$7,350,000	715,000	+715,000	NEW	$10.28	Q4 2022

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.