Thomas Beckett - 01 Sep 2023 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
Director
Signature
/s/ Christopher E French Attorney in Fact for Thomas Beckett
Issuer symbol
SHEN
Transactions as of
01 Sep 2023
Net transactions value
+$400
Form type
4
Filing time
01 Sep 2023, 15:12:13 UTC
Previous filing
02 Aug 2023
Next filing
02 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Award $400 +18 +0.14% $22.74 12,615 01 Sep 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.