Christopher E. French - Jun 10, 2024 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Signature
Christopher E French
Stock symbol
SHEN
Transactions as of
Jun 10, 2024
Transactions value $
$244,800
Form type
4
Date filed
6/10/2024, 04:14 PM
Previous filing
May 8, 2024
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Purchase $83K +5K +1.56% $16.59 325K Jun 10, 2024 Direct
transaction SHEN Common Stock Purchase $79K +5K +7.18% $15.79 74.6K Jun 10, 2024 By Spouse
transaction SHEN Common Stock Purchase $82.9K +5K +6.7% $16.58 79.6K Jun 10, 2024 By Spouse
holding SHEN Common Stock 37.8K Jun 10, 2024 By Son
holding SHEN Common Stock 167K Jun 10, 2024 TTEE U/A WBF fbo Grandchildren F1
holding SHEN Common Stock 137K Jun 10, 2024 TTEE French Grandchildren Trust F1
holding SHEN Common Stock 345K Jun 10, 2024 By Son as TTEE of French Family Trust F1
holding SHEN Common Stock 131K Jun 10, 2024 TTEE WBF fbo Cynthia F1
holding SHEN Common Stock 340K Jun 10, 2024 TTEE WBF fbo Anne F1
holding SHEN Common Stock 340K Jun 10, 2024 TTEE WBF fbo Christopher 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 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.