(SHEN)

Role: VP Chief HRO
Signature: /s/ Christopher E French Attorney in Fact for Heather K Tormey
Issuer symbol: SHEN
Transactions as of: 02 Feb 2026
Net transactions value: -$23,538
Form type: 4/A - Amendment
Filing time: 12 Feb 2026, 19:20:28 UTC
Date Of Original Report: 05 Feb 2026
Previous filing: 24 Feb 2025
Next filing: 23 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
TORMEY HEATHER K	VP Chief HRO	PO BOX 459, EDINBURG	/s/ Christopher E French Attorney in Fact for Heather K Tormey	12 Feb 2026	0001781927

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHEN	Common Stock	Award	$0	+4,793	+31%	$0.000000	20,492	02 Feb 2026	Direct	F1
transaction	SHEN	Common Stock	Award	$0	+811	+4%	$0.000000	21,303	02 Feb 2026	Direct	F2, F3
transaction	SHEN	Common Stock	Tax liability	$23,538	-1,983	-9.3%	$11.87	19,320	02 Feb 2026	Direct	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	Represents vesting of performance-based Restricted Stock Units granted February 22, 2023. Performance for this award was measured on the Issuer's relative total return (TSR) compared to the TSR of a group of companies in the NASDAQ Telecom Index with a Market Cap between 100 million and 100 billion, above and below the Issuer's then current Market Cap.
F2	Represents the vesting Strategic Retention Performance Share Units granted February 22, 2023. Performance for this award was measured based on the number of Fiber-To-The-Home passings, capital expenditure per incremental passings, and Adjusted Earnings Before Interest Taxes, Depreciation and Amortization for the three-year period ending December 31, 2025.
F3	This Form 4/A is being filed to correct an immaterial clerical error in the number of shares reported as vesting pursuant to Strategic Retention Performance Share Units in the Form 4 filed on February 5, 2026. No other changes have been made.