DARA LESLIE - 20 Feb 2025 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
SVP Sales & Marketing
Signature
/s/ Christopher E French Attorney in Fact for Dara Leslie
Issuer symbol
SHEN
Transactions as of
20 Feb 2025
Net transactions value
-$19,680
Form type
4
Filing time
24 Feb 2025, 16:38:32 UTC
Previous filing
20 Feb 2025
Next filing
12 Feb 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Options Exercise +4,757 +184% 7,338 20 Feb 2025 Direct F1
transaction SHEN Common Stock Tax liability $19,680 -1,665 -23% $11.82 5,673 20 Feb 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SHEN Restricted Stock Unit Options Exercise $0 -756 -2.6% $0.000000 28,561 20 Feb 2025 Common Stock 756 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -2,061 -7.2% $0.000000 26,500 20 Feb 2025 Common Stock 2,061 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -1,940 -7.3% $0.000000 24,560 20 Feb 2025 Common Stock 1,940 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 The restricted stock unit award vests one-fourth on each the first, second, third and fourth anniversary. The restricted stock unit award (and shares issuable upon exercise of the restricted stock unit award) are subject to cancellation and forfeiture in accordance with the Company's executive compensation recovery policy.