Fitzsimmons Tracy 4

What Happened Tracy Fitzsimmons, a director of Shenandoah Telecommunications Co. (SHEN), received an award/acquisition of 87.757 shares on February 2, 2026. The filing reports an acquisition price of $11.87 per share, with the shares valued at approximately $1,042. This was an award/issuance (code A) of shares received in lieu of director fees — a routine compensation transaction rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02
• Transaction type/code: Award/acquisition (A) — shares received in lieu of director fees (footnote F1)
• Shares acquired: 87.757 shares at $11.87 per share; total value ≈ $1,042
• Shares owned after transaction: Not disclosed in the report
• Filing timeliness: Report filed 2026-02-03 (appears timely)
• Footnote: F1 — shares received in lieu of director fees

Context Receiving shares in lieu of cash director fees is a common form of non-cash compensation and does not, by itself, indicate the director’s market view. This transaction is an acquisition of company stock via compensation, not a traditional purchase or sale in the open market.