(SHEN)

Role: Director
Signature: /s/ Christopher E French Attorney in Fact for Victor Barnes
Stock symbol: SHEN
Transactions as of: Aug 1, 2023
Transactions value $: $1,025
Form type: 4
Date filed: 8/2/2023, 08:53 AM
Previous filing: Jul 3, 2023
Next filing: Sep 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHEN	Common Stock	Award	$1.02K	+54.9	+1.1%	$18.67	5.04K	Aug 1, 2023	Direct	F1

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	Shares received in lieu of director fees.