LEIGH ANN SCHULTZ - 07 May 2024 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
Director
Signature
/s/ Christopher E French Attorney in Fact for Leigh Ann Schultz
Issuer symbol
SHEN
Transactions as of
07 May 2024
Net transactions value
+$3,967
Form type
4
Filing time
07 May 2024, 20:51:27 UTC
Previous filing
23 Feb 2024
Next filing
01 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Purchase $3,967 +278 +1.4% $14.27 20,652 07 May 2024 Direct
holding SHEN Common Stock 38 07 May 2024 Spouse
* 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).