Shenandoah Telecommunications Executive Chairman reports RSU vesting. On 02/02/2026, Executive Chairman Christopher E. French acquired 25,571 shares of SHEN common stock at $0 per share through the vesting of performance-based restricted stock units granted on February 22, 2023. These units vested based on the company’s total shareholder return versus a peer group in the NASDAQ Telecom Index. Following this transaction, he directly holds 436,088 common shares, in addition to various indirect holdings through his spouse, son, and multiple family trusts, for some of which he disclaims beneficial ownership where he has no pecuniary interest.
Shenandoah Telecommunications Company director Kenneth L. Quaglio reported receiving 52.6537 shares of common stock on February 2, 2026, taken in lieu of director fees at a price of $11.87 per share. After this transaction, he is shown as directly beneficially owning 26,641.7194 shares.
This Form 4/A is an amendment to a prior filing. It corrects an administrative error that had previously overstated his beneficial ownership as 60,682.1136 shares, replacing it with the updated 26,641.7194-share figure.
Shenandoah Telecommunications (SHEN) director Leigh Ann Schultz received 56.1643 shares of common stock on February 2, 2026, reported as an acquisition coded "A". The shares were received in lieu of director fees at a price of $11.87 per share.
After this grant, Schultz beneficially owns 26,189.1328 shares of common stock directly and 38 shares indirectly through a spouse. The filing reflects routine equity-based director compensation rather than an open-market purchase or sale.
Shenandoah Telecommunications director receives stock instead of fees. Director Michael Anthony Rhymes was awarded 42.123 shares of common stock of Shenandoah Telecommunications Co. on February 2, 2026, at a price of $11.87 per share, as compensation in lieu of director fees.
After this award, Rhymes beneficially owned a total of 3,188.1107 shares of Shenandoah Telecommunications common stock, held directly.
Shenandoah Telecommunications (SHEN) director Kenneth L. Quaglio acquired 52.6537 shares of common stock on 02/02/2026 through an automatic transaction coded "A". The shares were received in lieu of director fees at a price of $11.87 per share and are held directly.
After this award, Quaglio beneficially owns 60,682.1136 shares of Shenandoah Telecommunications common stock in direct ownership form.
Shenandoah Telecommunications Company director Richard L. Koontz Jr. received an award of common stock as part of his board compensation. On 02/02/2026, he acquired 42.123 shares of common stock at $11.87 per share, described as shares received in lieu of director fees. Following this transaction, he directly beneficially owned 60,682.1136 shares of Shenandoah Telecommunications common stock.
Shenandoah Telecommunications Company director Tracy Fitzsimmons received common stock as compensation. On 02/02/2026, Fitzsimmons acquired 87.7565 shares of SHEN common stock at $11.87 per share, taken in lieu of cash director fees. After this transaction, Fitzsimmons beneficially owned 45,152.5343 shares held directly.
Shenandoah Telecommunications director Thomas Beckett reported receiving company common stock as compensation. On 02/02/2026, he acquired 33.6984 shares of common stock at $11.87 per share, taken in lieu of director fees. After this transaction, he beneficially owned 22,876.9298 shares, all held directly.
Shenandoah Telecommunications Company director Victor Christopher Barnes received additional common stock as part of his board compensation. On 02/02/2026, he was awarded 68.8012 shares of common stock in a transaction coded "A" at a value of $11.87 per share.
These shares were received in lieu of director fees, meaning he took stock instead of cash. Following this award, Barnes directly beneficially owns 16,371.5714 shares of Shenandoah Telecommunications common stock.
The Vanguard Group reports beneficial ownership of 3,428,108 shares of Shenandoah Telecommunications common stock, representing 6.24% of the class as of 12/31/2025. Vanguard has shared voting power over 364,434 shares and shared dispositive power over all 3,428,108 shares, with no sole voting or dispositive power.
Vanguard explains that an internal realignment on 01/12/2026 shifted portfolio management and proxy voting away from The Vanguard Group, Inc. Future beneficial ownership reports are expected to be filed separately by certain subsidiaries or business divisions. The holdings are certified as being held in the ordinary course of business, not to change or influence control of Shenandoah Telecommunications.