Heather K. Tormey - 19 Feb 2026 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
VP Chief HRO
Signature
/s/ Heather K Tormey
Issuer symbol
SHEN
Transactions as of
19 Feb 2026
Net transactions value
-$40,199
Form type
4
Filing time
23 Feb 2026, 14:34:12 UTC
Previous filing
12 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/ Heather K Tormey 23 Feb 2026 0001781927

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Options Exercise +9,266 +48% 28,586 19 Feb 2026 Direct F1
transaction SHEN Common Stock Tax liability $40,199 -3,050 -11% $13.18 25,536 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 -1,739 -6.7% $0.000000 24,049 19 Feb 2026 Common Stock 1,447 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -2,054 -8.5% $0.000000 21,995 19 Feb 2026 Common Stock 2,054 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -1,952 -8.9% $0.000000 20,043 19 Feb 2026 Common Stock 1,952 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -3,521 -18% $0.000000 16,522 19 Feb 2026 Common Stock 3,521 Direct F1, F2
transaction SHEN Restricted Stock Unit Award $0 +13,820 +84% $0.000000 30,342 19 Feb 2026 Common Stock 13,820 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.