Christopher E French - 20 Feb 2025 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
President & CEO
Signature
Christopher E French
Issuer symbol
SHEN
Transactions as of
20 Feb 2025
Net transactions value
$0
Form type
4
Filing time
24 Feb 2025, 16:18:11 UTC
Previous filing
20 Feb 2025
Next filing
11 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Options Exercise +35,541 +9.9% 393,717 20 Feb 2025 Direct F2
holding SHEN Common Stock 86,485 20 Feb 2025 By Spouse
holding SHEN Common Stock 37,796 20 Feb 2025 By Son
holding SHEN Common Stock 345,000 20 Feb 2025 By Son as TTEE of French Family Trust F1
holding SHEN Common Stock 130,754 20 Feb 2025 TTEE WBF fbo Cynthia F1
holding SHEN Common Stock 339,966 20 Feb 2025 TTEE WBF fbo Anne F1
holding SHEN Common Stock 339,966 20 Feb 2025 TTEE WBF fbo Christopher F1
holding SHEN Common Stock 102,855 20 Feb 2025 TTEE FGCT fbo Rebecca F1
holding SHEN Common Stock 101,640 20 Feb 2025 TTEE FGCT fbo Warren F1
holding SHEN Common Stock 99,537 20 Feb 2025 TTEE FGCT fbo Stuart F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SHEN Restricted Stock Unit Options Exercise $0 -6,480 -3.8% $0.000000 163,422 20 Feb 2025 Common Stock 6,480 Direct F2, F3
transaction SHEN Restricted Stock Unit Options Exercise $0 -7,786 -4.8% $0.000000 155,636 20 Feb 2025 Common Stock 7,786 Direct F2, F4
transaction SHEN Restricted Stock Unit Options Exercise $0 -10,960 -7% $0.000000 144,676 20 Feb 2025 Common Stock 10,960 Direct F2, F4
transaction SHEN Restricted Stock Unit Options Exercise $0 -10,315 -7.1% $0.000000 134,361 20 Feb 2025 Common Stock 10,315 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held in trust for the benefit of certain relatives of Mr. French. Mr. French disclaims beneficial ownership of the shares as to which he has no pecuniary interest and this filing is not an admission that Mr. French is the beneficial owner of such shares.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 The restricted stock unit award vests 10% in February 2022; and then 30% each in February 2023, February 2024, and February 2025. The restricted stock unit award (and shares issuable upon exercise of the restricted stock unit award) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.
F4 The restricted stock unit award vests one-fourth on each the first, second, third and fourth anniversary. The restricted stock unit award (and shares issuable upon exercise of the restricted stock unit award) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.