DARA LESLIE - 19 Feb 2026 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Signature
/s/ Christopher E French Attorney in Fact for Dara Leslie
Issuer symbol
SHEN
Transactions as of
19 Feb 2026
Net transactions value
-$34,479
Form type
4
Filing time
23 Feb 2026, 14:36:09 UTC
Previous filing
12 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LESLIE DARA SVP Sales & Marketing PO BOX 459, EDINBURG /s/ Christopher E French Attorney in Fact for Dara Leslie 23 Feb 2026 0001939451

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock Options Exercise +8,222 +79% 18,618 19 Feb 2026 Direct F1
transaction SHEN Common Stock Tax liability $34,479 -2,616 -14% $13.18 16,002 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 -756 -3.1% $0.000000 23,804 19 Feb 2026 Common Stock 756 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -2,061 -8.7% $0.000000 21,743 19 Feb 2026 Common Stock 2,061 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -1,940 -8.9% $0.000000 19,803 19 Feb 2026 Common Stock 1,940 Direct F1, F2
transaction SHEN Restricted Stock Unit Options Exercise $0 -3,465 -17% $0.000000 16,338 19 Feb 2026 Common Stock 3,465 Direct F1, F2
transaction SHEN Restricted Stock Unit Award $0 +13,976 +86% $0.000000 30,314 19 Feb 2026 Common Stock 13,976 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.