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Tower Research Capital LLC (TRC)
> SALM
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 10,549 | 2,028 | 10,106,000 | 10,097,000 | $958.01 |
| 03/31/2023 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 8,521 | -969 | 9,000 | -8,000 | $1.06 |
| 09/30/2022 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 9,490 | 7,129 | 17,000 | 12,000 | $1.79 |
| 06/30/2022 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 2,361 | 1,117 | 5,000 | 1,000 | $2.12 |
| 03/31/2022 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 1,244 | -2,191 | 4,000 | -7,000 | $3.22 |
| 12/31/2021 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 3,435 | 1,363 | 11,000 | 3,000 | $3.20 |
| 09/30/2021 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 2,072 | 2,072 | 8,000 | 8,000 | $3.86 |
| 06/30/2021 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 0 | -1,987 | 0 | -2,000 | |
| 12/31/2020 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 1,987 | 737 | 2,000 | 1,000 | $1.01 |
| 09/30/2020 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 1,250 | -17,370 | 1,000 | -20,000 | $0.80 |
| 06/30/2020 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 18,620 | 18,620 | 21,000 | 21,000 | $1.13 |
| 03/31/2020 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 0 | -500 | 0 | -1,000 | |
| 12/31/2019 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 500 | -3,365 | 1,000 | -5,000 | $2.00 |
| 09/30/2019 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 3,865 | 1,938 | 6,000 | 2,000 | $1.55 |
| 06/30/2019 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 1,927 | -7,227 | 4,000 | -20,000 | $2.08 |
| 03/31/2019 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 9,154 | 3,389 | 24,000 | 12,000 | $2.62 |
| 12/31/2018 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 5,765 | 3,541 | 12,000 | 5,000 | $2.08 |
| 09/30/2018 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 2,224 | 16 | 7,000 | -4,000 | $3.15 |
| 06/30/2018 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 2,208 | -5,936 | 11,000 | -18,000 | $4.98 |
| 03/31/2018 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 8,144 | -751 | 29,000 | -11,000 | $3.56 |
| 12/31/2017 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 8,895 | 8,895 | 40,000 | 40,000 | $4.50 |
| 09/30/2017 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 0 | -940 | 0 | -7,000 | |
| 06/30/2017 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 940 | -181 | 7,000 | -1,000 | $7.45 |
| 03/31/2017 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 1,121 | -1,848 | 8,000 | -11,000 | $7.14 |
| 12/31/2016 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 2,969 | 2,969 | 19,000 | 19,000 | $6.40 |
| 09/30/2016 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 0 | -447 | 0 | -3,000 | |
| 06/30/2016 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 447 | -103 | 3,000 | -2,000 | $6.71 |
| 03/31/2016 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 795 | 245 | 5,000 | 0 | $6.29 |
| 12/31/2015 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 1,444 | -2,733 | 7,000 | -19,000 | $4.85 |
| 09/30/2015 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 4,177 | 2,739 | 26,000 | 17,000 | $6.22 |
| 06/30/2015 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 1,438 | 1,438 | 9,000 | 9,000 | $6.26 |
| 12/31/2014 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 0 | -3,912 | 0 | -29,000 | |
| 09/30/2014 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 3,912 | 3,912 | 29,000 | 29,000 | $7.41 |
| 06/30/2014 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 0 | -484 | 0 | -5,000 | |
| 03/31/2014 | SALEM MEDIA GROUP, INC. /DE/ | SALM | 484 | -116 | 5,000 | 0 | $10.33 |
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