Edward H. McKay - 19 Feb 2026 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
President & CEO
Signature
/s/ Edward H McKay
Issuer symbol
SHEN
Transactions as of
19 Feb 2026
Net transactions value
-$95,568
Form type
4
Filing time
23 Feb 2026, 14:26:22 UTC
Previous filing
17 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McKay Edward H President & CEO PO BOX 459, EDINBURG /s/ Edward H McKay 23 Feb 2026 0001494886

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Options Exercise +24,098 +21% 141,258 19 Feb 2026 Direct F1
transaction SHEN Common Stock Tax liability $95,568 -7,251 -5.1% $13.18 134,007 19 Feb 2026 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 -4,032 -5.9% $0.000000 64,545 19 Feb 2026 Common Stock 4,032 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -5,231 -8.1% $0.000000 59,314 19 Feb 2026 Common Stock 5,231 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -5,259 -8.9% $0.000000 54,055 19 Feb 2026 Common Stock 5,259 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -9,576 -18% $0.000000 44,479 19 Feb 2026 Common Stock 9,576 Direct F1, F2
transaction SHEN Restricted Stock Unit Award $0 +64,492 +145% $0.000000 108,971 19 Feb 2026 Common Stock 64,492 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.