SCHULTZ LEIGH ANN 4

What Happened

• Leigh Ann Schultz, a director of Shenandoah Telecommunications Co. (SHEN), was granted 56.164 shares on 2026-02-02 as an award/other acquisition (Form 4 code A). The filing reports an acquisition price of $11.87 per share for a total value of about $667. The filing notes these shares were received in lieu of director fees.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-03 (timely).
• Transaction type: Award/other acquisition (code A).
• Shares acquired: 56.164 at $11.87 each; total ≈ $667.
• Shares owned after the transaction: not specified in the disclosed filing.
• Footnote: shares received instead of cash director fees.
• Filing accession: 0000354963-26-000023.

Context

• Receiving shares in lieu of director fees is a common form of compensation for non-employee directors and does not by itself signal a buy or sell decision about the company's stock. The dollar value here is small (~$667), so this is routine compensation rather than a material insider investment.