Director at Shenandoah (SHEN) receives stock in lieu of fees

Rhea-AI Filing Summary

Shenandoah Telecommunications director Kenneth L. Quaglio reported receiving a small stock grant as part of his board compensation. He acquired 27.6306 shares of common stock at $15.08 per share, taken in lieu of director fees, and now directly holds 34,714.593 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider QUAGLIO KENNETH L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	27.631	$15.08	$416.67

Holdings After Transaction: Common Stock — 34,714.593 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 27.6306 shares Grant price: $15.08 per share Shares held after: 34,714.593 shares +1 more

4 metrics

Shares granted 27.6306 shares Common Stock grant in lieu of director fees

Grant price $15.08 per share Reported transaction price per share for the award

Shares held after 34,714.593 shares Director’s direct common stock holdings following the grant

Transaction code A (grant, award, or other acquisition) Indicates compensation-related share acquisition, not open-market trade

Key Terms

Common Stock, Grant, award, or other acquisition, director fees

3 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

director fees financial

"Footnote: "Shares received in lieu of director fees.""

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 10:11 AM Accepted by SEC EDGAR 07/02/2026 - 10:11 AM Learn about SEC filing dates

FAQ

What did SHEN director Kenneth L. Quaglio report on this Form 4?

Kenneth L. Quaglio reported receiving 27.6306 shares of Shenandoah Telecommunications common stock as a grant in lieu of director fees, at a reported value of $15.08 per share, increasing his direct holdings to 34,714.593 shares.

Was the SHEN Form 4 transaction a market purchase or sale?

The transaction was not a market purchase or sale. The filing shows a Form 4 code A, meaning a grant or award acquisition, with footnote disclosure that the shares were received in lieu of director fees as part of board compensation.

How many SHEN shares does Kenneth L. Quaglio hold after this grant?

After the reported grant, Kenneth L. Quaglio directly holds 34,714.593 shares of Shenandoah Telecommunications common stock. This figure reflects his position immediately following the acquisition of 27.6306 shares in lieu of director fees.

What price per share was used for the SHEN director stock award?

The grant to Kenneth L. Quaglio used a price of $15.08 per share. This value is disclosed in the Form 4 as the transaction price per share for the 27.6306 shares received in lieu of director cash fees.

Does this SHEN Form 4 indicate active buying or selling by the director?

The Form 4 indicates an acquisition via grant, not active trading. It shows a compensation-related award coded as a grant or other acquisition, with shares received instead of director fees, rather than an open-market buy or sell decision.

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^*

QUAGLIO KENNETH L

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		A(1)		27.6306	A	$15.08	34,714.593	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 Kenneth L Quaglio	07/01/2026
	** 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)