Rhymes Michael Anthony 4

What Happened Michael Rhymes, a director of Shenandoah Telecommunications Co. (SHEN), received 42.123 shares on Feb 2, 2026. The shares were recorded at $11.87 each for a total value of $500. This transaction was an award/acquisition (code A) — shares issued in lieu of director fees — rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-03 (filed timely).
• Price per share reported: $11.87; Total reported value: $500.
• Transaction type/code: Award/Grant/Acquisition (A).
• Shares received in lieu of director fees (footnote F1).
• Shares owned after transaction: Not specified in this filing.

Context Receiving shares as director compensation is a routine non-market transaction that reflects pay structure (equity in lieu of cash) rather than an explicit buy or sell signal. The dollar amount is modest ($500), so this is likely a routine fee conversion and not a significant indicator of insider sentiment.