James J. Volk Sr. - 19 Feb 2026 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
SVP Finance & CFO
Signature
/s/ Christopher E French Attorney in Fact for James J Volk Sr
Issuer symbol
SHEN
Transactions as of
19 Feb 2026
Net transactions value
-$76,734
Form type
4
Filing time
23 Feb 2026, 14:28:10 UTC
Previous filing
12 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
VOLK JAMES J SVP Finance & CFO PO BOX 459, EDINBURG /s/ Christopher E French Attorney in Fact for James J Volk Sr 23 Feb 2026 0001241581

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Options Exercise +21,236 +29% 94,210 19 Feb 2026 Direct F1
transaction SHEN Common Stock Tax liability $76,734 -5,822 -6.2% $13.18 88,388 19 Feb 2026 Direct
holding SHEN Common Stock 5,504 19 Feb 2026 By Spouse

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 -3,841 -6.5% $0.000000 55,516 19 Feb 2026 Common Stock 3,841 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -4,775 -8.6% $0.000000 50,741 19 Feb 2026 Common Stock 4,775 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -4,515 -8.9% $0.000000 46,226 19 Feb 2026 Common Stock 4,515 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -8,105 -18% $0.000000 38,121 19 Feb 2026 Common Stock 8,105 Direct F1, F2
transaction SHEN Restricted Stock Unit Award $0 +31,950 +84% $0.000000 70,071 19 Feb 2026 Common Stock 31,950 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James J. Volk Sr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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.