# EDGAR Filing Document

**Accession Number:** 0001592900
**File Stem:** 0001592900-26-001930
**Filing Date:** 2026-4
**Character Count:** 30521
**Document Hash:** 6721af5760bc92ee4d901ba708edf7a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001592900-26-001930.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001592900-26-001930

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EA Series Trust
- **CENTRAL INDEX KEY:** 0001592900

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22961
- **FILM NUMBER:** 26914208

**BUSINESS ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073
- **BUSINESS PHONE:** 1.215.882.9983

**MAIL ADDRESS:**
- **STREET 1:** 3803 WEST CHESTER PIKE, SUITE 150
- **CITY:** NEWTOWN SQUARE
- **STATE:** PA
- **ZIP:** 19073

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alpha Architect ETF Trust
- **DATE OF NAME CHANGE:** 20140428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Empowered Funds ETF Trust
- **DATE OF NAME CHANGE:** 20131125

## Series and Classes Contracts Data

### Towle Value ETF (Series ID: S000093635)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000262035 | Towle Value ETF | TCV             |

## Nport-Ex

---

| |
|:---|
| **TOWLE VALUE ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **COMMON STOCKS - 97.6%**  | | |
| **<u>Consumer Discretionary</u> - 27.2%** <sup>(a)</sup> | |  |
| **Apparel Retail - 2.3%**  |  |  |
| Zumiez, Inc. <sup>(b)</sup> | 78503 | $2058349 |
| **Automotive Parts & Equipment - 13.3%**  |  |  |
| Adient PLC <sup>(b)</sup> | 90012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2189092 |
| BorgWarner, Inc.  | 48647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2800608 |
| Fox Factory Holding Corp. <sup>(b)</sup> | 109329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1841100 |
| Lear Corp.  | 19245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2525906 |
| Magna International, Inc.  | 43787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2760770 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12117476 |
| **Distributors - 4.3%**  |  |  |
| Gold.com, Inc.  | 67742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3893133 |
| **Home Furnishings - 2.5%**  |  |  |
| Leggett & Platt, Inc.  | 197982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2312430 |
| **Homebuilding - 2.9%**  |  |  |
| Hovnanian Enterprises, Inc. - Class A <sup>(b)</sup> | 20672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2596816 |
| **Restaurants - 1.9%**  |  |  |
| Bloomin' Brands, Inc.  | 286098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1750920 |
| **Total Consumer Discretionary** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24729124 |
| **<u>Consumer Staples</u> - 5.5%**  |  |  |
| **Agricultural Products & Services - 2.4%**  |  |  |
| Bunge Global SA  | 17932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2163496 |
| **Food Distributors - 3.1%**  |  |  |
| United Natural Foods, Inc. <sup>(b)</sup> | 73868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2822496 |
| **Total Consumer Staples** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4985992 |
| **<u>Energy</u> - 15.3%**  |  |  |
| **Coal & Consumable Fuels - 2.3%**  |  |  |
| Peabody Energy Corp.  | 67047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2114662 |
| **Oil & Gas Equipment & Services - 7.1%**  |  |  |
| Liberty Energy, Inc.  | 122961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3453975 |
| ProPetro Holding Corp. <sup>(b)</sup> | 245080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2972820 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6426795 |

---

------

---

| |
|:---|
| **TOWLE VALUE ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **Oil & Gas Refining & Marketing - 5.9%**  |  |  |
| Par Pacific Holdings, Inc. <sup>(b)</sup> | 57132 | $2437823 |
| PBF Energy, Inc. - Class A  | 81695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2908342 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5346165 |
| **Total Energy** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13887622 |
| **<u>Financials</u> - 6.8%**  |  |  |
| **Life & Health Insurance - 2.0%**  |  |  |
| Oscar Health, Inc. - Class A <sup>(b)</sup> | 131609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1795147 |
| **Regional Banks - 4.8%**  |  |  |
| Capitol Federal Financial, Inc.  | 161029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1156188 |
| Eastern Bankshares, Inc.  | 55064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1077052 |
| First Busey Corp.  | 43499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1103134 |
| Prosperity Bancshares, Inc.  | 15532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1092987 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4429361 |
| **Total Financials** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6224508 |
| **<u>Health Care</u> - 2.1%**  |  |  |
| **Managed Health Care - 2.1%**  |  |  |
| Molina Healthcare, Inc. <sup>(b)</sup> | 12371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1905753 |
| **<u>Industrials</u> - 21.8%**  |  |  |
| **Agricultural & Farm Machinery - 2.2%**  |  |  |
| Titan International, Inc. <sup>(b)</sup> | 203345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1978547 |
| **Cargo Ground Transportation - 2.9%**  |  |  |
| ArcBest Corp.  | 26012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2670392 |
| **Commercial Printing - 3.0%**  |  |  |
| Deluxe Corp.  | 97250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2698688 |
| **Construction & Engineering - 2.2%**  |  |  |
| Fluor Corp. <sup>(b)</sup> | 39068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2043647 |
| **Construction Machinery & Heavy Transportation Equipment - 5.1%**  |  |  |
| Oshkosh Corp.  | 15534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2641091 |
| Wabash National Corp.  | 199368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023585 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4664676 |
| **Diversified Support Services - 2.3%**  |  |  |
| Healthcare Services Group, Inc. <sup>(b)</sup> | 95934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2088483 |

---

------

---

| |
|:---|
| **TOWLE VALUE ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **Human Resource & Employment Services - 1.5%**  |  |  |
| Insperity, Inc.  | 62452 | $1387059 |
| **Trading Companies & Distributors - 2.6%**  |  |  |
| BlueLinx Holdings, Inc. <sup>(b)</sup> | 35609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2347345 |
| **Total Industrials** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19878837 |
| **<u>Information Technology</u> - 4.4%**  |  |  |
| **Electronic Manufacturing Services - 2.2%**  |  |  |
| Methode Electronics, Inc.  | 243744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2062074 |
| **Technology Distributors - 2.2%**  |  |  |
| TD SYNNEX Corp.  | 12660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1985215 |
| **Total Information Technology** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4047289 |
| **<u>Materials</u> - 10.3%**  |  |  |
| **Paper Products - 1.3%**  |  |  |
| Clearwater Paper Corp. <sup>(b)</sup> | 78423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1175561 |
| **Specialty Chemicals - 2.0%**  |  |  |
| Stepan Co.  | 35356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1799267 |
| **Steel - 7.0%**  |  |  |
| Alpha Metallurgical Resources, Inc. <sup>(b)</sup> | 13178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2143401 |
| Metallus, Inc. <sup>(b)</sup> | 126033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2142561 |
| Ryerson Holding Corp.  | 79594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2082179 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6368141 |
| **Total Materials** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9342969 |
| **<u>Real Estate</u> - 4.2%**  |  |  |
| **Real Estate Services - 4.2%**  |  |  |
| Compass, Inc. - Class A <sup>(b)</sup> | 209048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2038218 |
| Cushman & Wakefield Ltd. <sup>(b)</sup> | 131796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1767384 |
| **Total Real Estate** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3805602 |
| **TOTAL COMMON STOCKS** (Cost $73,407,751) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88807696 |

---

------

---

| |
|:---|
| **TOWLE VALUE ETF** |
| **SCHEDULE OF INVESTMENTS** |
| **February 28, 2026 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| | **Shares** | **Value**  |
| **SHORT-TERM INVESTMENTS** | | |
| **MONEY MARKET FUNDS - 2.3%**  | | |
| First American Government Obligations Fund - Class X, 3.60% <sup>(c)</sup> | 2074526 | $2074526 |
| **TOTAL MONEY MARKET FUNDS** (Cost $2,074,526) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2074526 |
| **TOTAL INVESTMENTS - 99.9% (**Cost $75,482,277**)** |  | $90882222 |
| Other Assets in Excess of Liabilities - 0.1%  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53647 |
| **TOTAL NET ASSETS - 100.0%** |  | $90935869 |

---

Percentages are stated as a percent of net assets.

PLC - Public Limited Company

(a) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.

(b) Non-income producing security.

(c) The rate shown represents the 7-day annualized yield as of February 28, 2026.

The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor's Financial Services LLC ("S&P"). GICS is a service mark of MSCI, Inc. and S&P and has been licensed for use by U.S. Bank Global Fund Services.

------

**TOWLE VALUE ETF**

**Summary of Fair Value Disclosures as of February 28, 2026 (Unaudited)**

Towle Value ETF (the "Fund") has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DESCRIPTION** | **LEVEL 1** | **LEVEL 2** | **LEVEL 3** | **TOTAL** |
| **<u>Investments</u>** | | | | |
| Common Stocks | $88807696 | $— | $— | $88807696 |
| Money Market Funds | 2074526 |  |  | 2074526 |
| **Total Investments** | $90882222 | $— | $— | $90882222 |

---

Refer to the Schedule of Investments for further disaggregation of investment categories.

During the fiscal period ended February 28, 2026, the Fund did not invest in any Level 3 investments and recognized no transfers to/from Level 3. Transfers between levels are recognized at the end of the reporting period.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** EA Series Trust

- **b. Investment Company Act file number:** 811-22961

- **c. CIK number of Registrant:** 0001592900

- **d. LEI of Registrant:** 5493004OW9VWINAYRX18

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 3803 West Chester Pike

  - **City:** Newtown Square

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19073

  - **Telephone number:** 2158829983

**Item A.2. Information about the Series.**

- **a. Name of Series:** Towle Value ETF

- **b. EDGAR series identifier (if any):** S000093635

- **c. LEI of Series:** 529900ILWMKK5NA6XM82

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-27

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $90130879.79

**Total Liabilities:** $63826.05

**Net Assets:** $90067053.74

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000262035 | -1.91%               | 10.57%               | -0.11%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3268318.85              | $9365843.95                                |
| Month 2  | $2235837.73              | $6366222.17                                |
| Month 3  | $1352091.13              | $-332120.66                                |

### Schedule of Portfolio Investments

| Name                                       | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Peabody Energy Corp                        | Peabody Energy Corp                        | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |     66408 | NS      | $2094508.32   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Zumiez Inc                                 | Zumiez Inc                                 | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |     77753 | NS      | $2038683.66   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryerson Holding Corp                       | Ryerson Holding Corp                       | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |     78835 | NS      | $2062323.60   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy Inc                             | PBF Energy Inc                             | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     80915 | NS      | $2880574.00   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin' Brands Inc                        | Bloomin' Brands Inc                        | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |    283365 | NS      | $1734193.80   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings Inc                   | Par Pacific Holdings Inc                   | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |     56589 | NS      | $2414652.63   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp                   | Fox Factory Holding Corp                   | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |    108285 | NS      | $1823519.40   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                               | Metallus Inc                               | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |    124830 | NS      | $2122110.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold.com Inc                               | Gold.com Inc                               | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |     67097 | NS      | $3856064.59   | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Metallurgical Resources Inc          | Alpha Metallurgical Resources Inc          | CUSIP: 020764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13055 | NS      | $2123395.75   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ProPetro Holding Corp                      | ProPetro Holding Corp                      | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    242740 | NS      | $2944436.20   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                                  | Lear Corp                                  | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     19062 | NS      | $2501887.50   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                         | Liberty Energy Inc                         | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121788 | NS      | $3421024.92   | 3.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Inc                                | Compass Inc                                | CUSIP: 20464U100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    207053 | NS      | $2018766.75   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares Inc                     | Eastern Bankshares Inc                     | CUSIP: 27627N105<br>LEI: 549300J245MBQU3DO403 | Long             | EC               | CORP              | US        |     54539 | NS      | $1066782.84   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Oscar Health Inc                           | Oscar Health Inc                           | CUSIP: 687793109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130352 | NS      | $1778001.28   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc                    | Magna International Inc                    | CUSIP: 559222401<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     43370 | NS      | $2734478.50   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                                 | Adient PLC                                 | CUSIP: N/A<br>LEI: 5493002QLDY8O75RTR78       | Long             | EC               | CORP              | IE        |     89154 | NS      | $2168225.28   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                            | Bunge Global SA                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |     17761 | NS      | $2142864.65   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield Ltd                    | Cushman & Wakefield Ltd                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |    130539 | NS      | $1750527.99   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obligations Fund | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   2074526 | PA      | $2074526.44   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods Inc                   | United Natural Foods Inc                   | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |     73163 | NS      | $2795558.23   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc                    | Titan International Inc                    | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |    201404 | NS      | $1959660.92   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp                                | Deluxe Corp                                | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |     96323 | NS      | $2672963.25   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares Inc                  | Prosperity Bancshares Inc                  | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15385 | NS      | $1082642.45   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                              | Insperity Inc                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |     61858 | NS      | $1373866.18   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                             | BorgWarner Inc                             | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     48185 | NS      | $2774010.45   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc              | Healthcare Services Group Inc              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     95019 | NS      | $2068563.63   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hovnanian Enterprises Inc                  | Hovnanian Enterprises Inc                  | CUSIP: 442487401<br>LEI: 549300805N4EF0ROBT53 | Long             | EC               | CORP              | US        |     20477 | NS      | $2572320.74   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt Inc                        | Leggett & Platt Inc                        | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |    196092 | NS      | $2290354.56   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Methode Electronics Inc                    | Methode Electronics Inc                    | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               | CORP              | US        |    241416 | NS      | $2042379.36   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                                  | Stepan Co                                  | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |     35020 | NS      | $1782167.80   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp                                 | Fluor Corp                                 | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     38696 | NS      | $2024187.76   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                               | ArcBest Corp                               | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     25766 | NS      | $2645137.56   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Federal Financial Inc              | Capitol Federal Financial Inc              | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    159493 | NS      | $1145159.74   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                               | Oshkosh Corp                               | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     15387 | NS      | $2616097.74   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp                       | Wabash National Corp                       | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |    197466 | NS      | $2004279.90   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                             | TD SYNNEX Corp                             | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     12540 | NS      | $1966397.40   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueLinx Holdings Inc                      | BlueLinx Holdings Inc                      | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |     35270 | NS      | $2324998.40   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| First Busey Corp                           | First Busey Corp                           | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               | CORP              | US        |     43085 | NS      | $1092635.60   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Paper Corp                      | Clearwater Paper Corp                      | CUSIP: 18538R103<br>LEI: 549300HCVV19GXN4P292 | Long             | EC               | CORP              | US        |     77676 | NS      | $1164363.24   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc                      | Molina Healthcare Inc                      | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     12254 | NS      | $1887728.70   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** EA Series Trust

**Signature:** /s/ Sean Hegarty

**Name of Signer:** Sean Hegarty

**Title:** Treasurer