Shenandoah Telecommunications (SHEN) CEO adds 2,000 shares in July buy

Rhea-AI Filing Summary

Shenandoah Telecommunications President & CEO Edward H. McKay purchased 2,000 shares of Common Stock on July 31, 2026, in an open-market or private transaction at $12.14 per share. After this buy, he directly owns 136,007 shares. The trade was not marked as under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 2,000 shares

Net Buy 1 txn

Insider McKay Edward H

Role President & CEO

Bought 2,000 shs ($24K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	2,000	$12.14	$24K

Holdings After Transaction: Common Stock — 136,007 shares (Direct)

Key Figures

Shares purchased: 2000.0000 shares Purchase price: $12.1400 per share Shares owned after purchase: 136007.0000 shares

3 metrics

Shares purchased 2000.0000 shares Common Stock purchased on 2026-07-31

Purchase price $12.1400 per share Price for the 2,000-share Common Stock purchase

Shares owned after purchase 136007.0000 shares Direct holdings of CEO Edward H. McKay following the transaction

Key Terms

Rule 10b5-1 trading plan, open-market or private transaction, Form 4

3 terms

Rule 10b5-1 trading plan regulatory

"The trade was not marked as under a Rule 10b5-1 trading plan."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market or private transaction market

"The purchase was reported as an open-market or private transaction."

Form 4 regulatory

"This insider transaction was reported on SEC Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/03/2026 - 05:17 PM Accepted by SEC EDGAR 08/03/2026 - 05:17 PM Learn about SEC filing dates

FAQ

What insider trade did SHEN’s CEO report on July 31, 2026?

Edward H. McKay reported buying 2,000 Shenandoah Telecommunications shares on July 31, 2026. The transaction was in Common Stock at $12.14 per share, described as an open-market or private purchase and reported on SEC Form 4.

How many SHEN shares does CEO Edward H. McKay now own?

Following the reported purchase, Edward H. McKay directly owns 136,007 Shenandoah Telecommunications shares. This figure reflects his direct beneficial ownership after acquiring 2,000 additional shares in the July 31, 2026 open-market or private transaction.

At what price did the SHEN CEO buy his latest shares?

The CEO bought the 2,000 Shenandoah Telecommunications shares at an average price of $12.14 per share. The transaction code description identifies it as a purchase in an open-market or private transaction, rather than through an options exercise or other derivative activity.

Was the SHEN CEO’s July 2026 share purchase under a Rule 10b5-1 plan?

No. The filing’s 10b5-1 checkbox was not marked, indicating the transaction was not reported as pursuant to a Rule 10b5-1 trading plan. This suggests the purchase was not executed under a pre-arranged trading program for the CEO.

Did the SHEN Form 4 show any insider stock sales by the CEO?

The Form 4 for Edward H. McKay reports only one transaction: a purchase of 2,000 Common Stock shares. The transaction summary lists buy shares of 2,000 and sell shares of zero, so this specific filing discloses no sales by the CEO.

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

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McKay Edward H

(Last) (First) (Middle)

PO BOX 459

(Street)

EDINBURG VIRGINIA 22824

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SHENANDOAH TELECOMMUNICATIONS CO/VA/ [ SHEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/31/2026		P		2,000	A	$12.14	136,007	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:

	Edward H McKay	08/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)