(SHEN)

Role: Director
Signature: /s/ Christopher E French Attorney in Fact for Michael Anthony Rhymes
Issuer symbol: SHEN
Transactions as of: 03 Mar 2025
Net transactions value: +$500
Form type: 4
Filing time: 03 Mar 2025, 16:34:55 UTC
Previous filing: 20 Feb 2025
Next filing: 02 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHEN	Common Stock	Award	$500	+46	+1.7%	$10.81	2,746	03 Mar 2025	Direct	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	Shares received in lieu of director fees.