STOCK TITAN

[Form 4] SHENANDOAH TELECOMMUNICATIONS CO/VA/ Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Michael Anthony Rhymes, a director of Shenandoah Telecommunications Co. (SHEN), reported a transaction on 10/01/2025 showing he received 37.2578 shares of the issuer's common stock at a price of $13.42 per share as payment in lieu of director fees. After the reported transaction, the filing shows 3,016.405 shares beneficially owned. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Rhymes and lists the transaction as an acquisition via director compensation.

Michael Anthony Rhymes, direttore di Shenandoah Telecommunications Co. (SHEN), ha riportato una operazione il 01/10/2025 che mostra di aver ricevuto 37,2578 azioni ordinarie dell'emittente a un prezzo di 13,42 $ per azione come pagamento in luogo di compensi da amministratore. Dopo l'operazione riportata, la segnalazione mostra che possiede 3,016,405 azioni in modo beneficiario. Il Modulo 4 è stato firmato da un procuratore-in-fatto per conto del Signor Rhymes e indica l'operazione come un'acquisizione tramite compenso da amministratore.

Michael Anthony Rhymes, director de Shenandoah Telecommunications Co. (SHEN), informó una operación el 01/10/2025 que muestra que recibió 37,2578 acciones comunes del emisor a un precio de $13.42 por acción como pago en lugar de honorarios de director. Después de la operación reportada, el archivo indica que posee 3,016.405 acciones de forma beneficiosa. El Formulario 4 fue firmado por un apoderado en nombre del Sr. Rhymes y señala la operación como una adquisición mediante compensación de director.

Michael Anthony Rhymes, Shenandoah Telecommunications Co. (SHEN)의 이사로서, 2025-10-01에 이사회 보수 대신 지급된 대가로 피지배주식을 37.2578주, 주당 가격 $13.42에 취득했다는 거래를 신고했다. 보고된 거래 이후 보유 주식은 3,016.405주로 증가했다. Form 4는 Rhymes를 대신하여 대리인이 서명했고 이 거래를 이사 보수에 의한 취득으로 기재한다.

Michael Anthony Rhymes, administrateur de Shenandoah Telecommunications Co. (SHEN), a déclaré une transaction le 01/10/2025 montrant qu'il a reçu 37,2578 actions ordinaires de l'émetteur à un prix de 13,42 $ par action, en tant que paiement au titre des frais d'administrateur. Après la transaction déclarée, le dépôt indique qu'il détient 3,016,405 actions de manière bénéficiaire. Le Formulaire 4 a été signé par un mandataire agissant au nom de M. Rhymes et indique la transaction comme une acquisition via rémunération d'administrateur.

Michael Anthony Rhymes, ein Direktor der Shenandoah Telecommunications Co. (SHEN), meldete eine Transaktion am 01.10.2025, aus der hervorgeht, dass er 37,2578 Stammaktien des Emittenten zu einem Preis von 13,42 $ pro Aktie als Zahlung statt Direktorengebühren erhalten hat. Nach der gemeldeten Transaktion besitzt er 3.016,405 Aktien residentiel? ;);> Die Form 4 wurde von einem Bevollmächtigten im Namen von Herrn Rhymes unterzeichnet und listet die Transaktion als Erwerb durch Direktorengebühr auf.

Michael Anthony Rhymes، مدير في Shenandoah Telecommunications Co. (SHEN)، أبلغ عن صفقة في 01/10/2025 تفيد بأنه تلقى 37,2578 سهماً عائداً من أسهم الشركة العادية بسعر $13.42 للسهم كدفع بدلاً من أتعاب المدير. بعد الصفقة المبلغ عنها، تُظهر الوثائق أنك تملك 3,016.405 أسهم بشكل مستفيد. تم توقيع النموذج Form 4 من قبل وكيل نيابةً عن السيد Rhymes ويسرد الصفقة كاقتناء عبر تعويض المدير.

Michael Anthony Rhymes,Shenandoah Telecommunications Co.(SHEN)的董事,已在2025/10/01披露交易,显示他以每股$13.42的价格获得了37.2578股发行人普通股,作为董事报酬的替代支付。报道的交易后,记录显示他实际拥有3,016.405股。 Form 4由代理人代为签署,并将此交易列为通过董事报酬取得的收购。

Positive
  • Transaction disclosed transparently: filing includes transaction date, share amount, price, and explanatory note.
  • Director compensated in equity: 37.2578 shares received in lieu of director fees, aligning director incentives with shareholders.
Negative
  • None.

Insights

Routine insider acquisition tied to director compensation; limited market impact given small share count.

The Form 4 documents a non-derivative acquisition of 37.2578 common shares at $13.42 each, received in lieu of director fees. This is a compensatory issuance rather than an open-market purchase or sale, and the reporting person’s total beneficial ownership after the transaction is 3,016.405 shares. For analysts, this transaction mainly indicates standard board compensation mechanics; it does not by itself provide information about company performance or material corporate actions.

Compensatory share issuance to a director; governance disclosure appears complete and timely.

The filing clearly identifies the reporting person, relationship (Director), transaction date, number of shares issued, and the explanatory note that shares were issued in lieu of director fees. The form is signed by an attorney-in-fact, which is permissible when properly authorized. This is a routine disclosure consistent with directors receiving equity-based compensation for services.

Michael Anthony Rhymes, direttore di Shenandoah Telecommunications Co. (SHEN), ha riportato una operazione il 01/10/2025 che mostra di aver ricevuto 37,2578 azioni ordinarie dell'emittente a un prezzo di 13,42 $ per azione come pagamento in luogo di compensi da amministratore. Dopo l'operazione riportata, la segnalazione mostra che possiede 3,016,405 azioni in modo beneficiario. Il Modulo 4 è stato firmato da un procuratore-in-fatto per conto del Signor Rhymes e indica l'operazione come un'acquisizione tramite compenso da amministratore.

Michael Anthony Rhymes, director de Shenandoah Telecommunications Co. (SHEN), informó una operación el 01/10/2025 que muestra que recibió 37,2578 acciones comunes del emisor a un precio de $13.42 por acción como pago en lugar de honorarios de director. Después de la operación reportada, el archivo indica que posee 3,016.405 acciones de forma beneficiosa. El Formulario 4 fue firmado por un apoderado en nombre del Sr. Rhymes y señala la operación como una adquisición mediante compensación de director.

Michael Anthony Rhymes, Shenandoah Telecommunications Co. (SHEN)의 이사로서, 2025-10-01에 이사회 보수 대신 지급된 대가로 피지배주식을 37.2578주, 주당 가격 $13.42에 취득했다는 거래를 신고했다. 보고된 거래 이후 보유 주식은 3,016.405주로 증가했다. Form 4는 Rhymes를 대신하여 대리인이 서명했고 이 거래를 이사 보수에 의한 취득으로 기재한다.

Michael Anthony Rhymes, administrateur de Shenandoah Telecommunications Co. (SHEN), a déclaré une transaction le 01/10/2025 montrant qu'il a reçu 37,2578 actions ordinaires de l'émetteur à un prix de 13,42 $ par action, en tant que paiement au titre des frais d'administrateur. Après la transaction déclarée, le dépôt indique qu'il détient 3,016,405 actions de manière bénéficiaire. Le Formulaire 4 a été signé par un mandataire agissant au nom de M. Rhymes et indique la transaction comme une acquisition via rémunération d'administrateur.

Michael Anthony Rhymes, ein Direktor der Shenandoah Telecommunications Co. (SHEN), meldete eine Transaktion am 01.10.2025, aus der hervorgeht, dass er 37,2578 Stammaktien des Emittenten zu einem Preis von 13,42 $ pro Aktie als Zahlung statt Direktorengebühren erhalten hat. Nach der gemeldeten Transaktion besitzt er 3.016,405 Aktien residentiel? ;);> Die Form 4 wurde von einem Bevollmächtigten im Namen von Herrn Rhymes unterzeichnet und listet die Transaktion als Erwerb durch Direktorengebühr auf.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Rhymes Michael Anthony

(Last) (First) (Middle)
PO BOX 459

(Street)
EDINBURG VA 22824

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SHENANDOAH TELECOMMUNICATIONS CO/VA/ [ SHEN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/01/2025 A(1) 37.2578 A $13.42 3,016.405 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares received in lieu of director fees.
/s/ Christopher E French Attorney in Fact for Michael Anthony Rhymes 10/01/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Michael Anthony Rhymes report on the Form 4 for SHEN?

He reported an acquisition of 37.2578 common shares on 10/01/2025, received in lieu of director fees at a price of $13.42 per share.

How many SHEN shares does the reporting person beneficially own after the transaction?

The filing shows 3,016.405 shares beneficially owned following the reported transaction.

What was the stated reason for the share issuance in the Form 4?

The Explanation of Responses states: 'Shares received in lieu of director fees.'

Who signed the Form 4 on behalf of the reporting person?

The form was signed by Christopher E French, Attorney in Fact for Michael Anthony Rhymes on 10/01/2025.

Was the transaction a market purchase or compensation?

The filing explicitly describes the shares as received in lieu of director fees, indicating a compensatory issuance rather than an open-market trade.
Shenandoah Telecommunications

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726.29M
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Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States
EDINBURG