Richard L. Koontz Jr - Sep 9, 2024 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
Director
Signature
/s/ Christopher E French Attorney in Fact for Richard L Koontz Jr
Stock symbol
SHEN
Transactions as of
Sep 9, 2024
Transactions value $
$23,375
Form type
4
Date filed
9/9/2024, 03:50 PM
Previous filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Purchase $23.4K +1.7K +3.33% $13.75 52.7K Sep 9, 2024 Direct
* 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).