(SHEN)

Role: President & CEO
Signature: Christopher E French
Stock symbol: SHEN
Transactions as of: Aug 14, 2024
Transactions value $: $70,100
Form type: 4
Date filed: 8/15/2024, 12:16 PM
Previous filing: Aug 9, 2024
Next filing: Oct 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHEN	Common Stock	Purchase	$70.1K	+5K	+6.14%	$14.02	86.5K	Aug 14, 2024	By Spouse
transaction	SHEN	Common Stock	Other	$0	-137K	-100%	$0.00^*	0	Aug 9, 2024	TTEE French Grandchildren Trust	F1, F3
transaction	SHEN	Common Stock	Other	$0	+137K	+81.94%	$0.00	304K	Aug 9, 2024	TTEE U/A WBF fbo Grandchildren	F2, F3
holding	SHEN	Common Stock						346K	Aug 14, 2024	Direct
holding	SHEN	Common Stock						37.8K	Aug 14, 2024	By Son
holding	SHEN	Common Stock						345K	Aug 14, 2024	By Son as TTEE of French Family Trust	F3
holding	SHEN	Common Stock						131K	Aug 14, 2024	TTEE WBF fbo Cynthia	F3
holding	SHEN	Common Stock						340K	Aug 14, 2024	TTEE WBF fbo Anne	F3
holding	SHEN	Common Stock						340K	Aug 14, 2024	TTEE WBF fbo Christopher	F3

* 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	The total indirect beneficial ownership reflects a decrease of 136,928 shares due to the transfer of 136,928 shares to the indirect beneficial ownership account TTEE U/A WBF fbo Grandchildren.
F2	The total indirect ownership reflects an increase of 136,928 shares due to the transfer of 136,928 shares from the indirect beneficial ownership account TTEE French Grandchildren Trust.
F3	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.