Glenn E. Lytle Jr - Feb 20, 2025 Form 4/A - Amendment Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role: SVP Commercial Sales
Signature: /s/ Christopher E French Attorney in Fact for Glenn E Lytle Jr
Stock symbol: SHEN
Transactions as of: Feb 20, 2025
Transactions value $: -$8,806
Form type: 4/A - Amendment
Date filed: 2/24/2025, 04:36 PM
Date Of Original Report: Feb 20, 2025
Previous filing: Feb 20, 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		+2.12K	+84.88%		4.62K	Feb 20, 2025	Direct	F1
transaction	SHEN	Common Stock	Tax liability	-$8.81K	-745	-16.12%	$11.82	3.88K	Feb 20, 2025	Direct

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	-2.12K	-10.45%	$0.00	18.2K	Feb 20, 2025	Common Stock	2.12K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of common stock.
F2	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.

Remarks:

Amendment is to include restricted stock units that vested on February 20, 2025.